Michael Kokalari, Chief Economist at VinaCapital, described the April 2 announcement of ‘reciprocal tariffs’ as “completely unexpected”. “Based on our analysis, these tariffs will make it difficult for Vietnam to achieve its 8% GDP growth target,” he said.

According to the Vietnam Trade Office in Sweden, which is also in charge of Norway, Denmark, Iceland, and Latvia, in the context of the US imposing reciprocal tariffs on imports from many countries, Vietnam should expand its exploitation of the Northern European agricultural, forestry and fishery market.

Vietnam’s garment and textile industry enterprises are voicing growing concern over a newly announced 46 per cent US tariff, stressing that the industry plays a complementary–not competitive–role in the US market.

National Assembly (NA) Chairman Tran Thanh Man has reaffirmed Vietnam’s appreciation for Uzbekistan’s role in Central Asia and expressed the country’s desire to further deepen the time-honoured friendship and comprehensive cooperation between the two sides.

As trade tensions with the US escalate, Canada's Quebec province is actively seeking reliable partners, with Vietnam emerging as a destination of strategic significance.

Minister of Agriculture and Environment Do Duc Duy chaired a meeting with relevant authorities and several businesses and export associations focused on key agricultural exports to the US on the afternoon of April 7, in Hanoi.

Through the Việt Nam-US Trade and Investment Framework Agreement (TIFA)’s policy dialogue mechanism, the Ministry of Industry and Trade will coordinate with relevant ministries and agencies to maintain close exchanges with US partners

Companies and industries should observe VN-US tariff talks.

To tap into the growing Halal market, Việt Nam must develop a Halal product ecosystem meeting quality and certification standards, according to experts.

PM Pham Minh Chinh asked the negotiation delegation to propose the US consider postponing the imposition of the new tariff policy for at least 45 days so that the two sides have more time to discuss and prepare for status transition.