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Deputy Prime Minister Ho Duc Phoc met with U.S. officials in Washington as Vietnam and the United States agreed to initiate talks on a reciprocal trade agreement, addressing tariffs and boosting economic ties under their strategic partnership.
With trade deals disrupted, firms turn to Germany, Canada, and the Middle East.
A surge of Chinese goods is expected in Vietnam as firms reroute exports in response to new US tariffs.
With 46% tariffs hitting exports, Vietnam faces hard truths - and a chance to redefine its future competitiveness.
Deputy Prime Minister Bui Thanh Son has directed ministries and government agencies to begin formulating a bilateral agreement with the United States aimed at upgrading the existing Bilateral Trade Agreement (BTA).
Despite surface-level imbalances, value-added analysis reveals that American companies and consumers benefit greatly from Vietnam’s role in global supply chains.
With new U.S. tariffs on the horizon, Vietnam will need to grow 8.3% in the next nine months. The government has proposed an urgent action plan to meet this target.
Hanoi has requested urgent talks between Deputy Prime Minister Ho Duc Phoc and U.S. officials, as both sides seek a resolution to new American tariffs.
Prime Minister Pham Minh Chinh leads urgent government meeting to counter 46% U.S. tariff, exploring cooperation and import balancing efforts.
The proposal aims to give both sides time to reach a fair, win-win trade solution as exporters maintain prices and market stability.
In a phone call with President Trump, Vietnam’s top leader called for mutual 0% tariffs and more U.S. investment in Vietnam.
A positive dialogue between To Lam and Trump sets the tone for potential bilateral breakthroughs.
Businesses are advised not to panic as negotiations between the U.S. and Vietnam are underway to manage the proposed tariff hike.
New U.S. import taxes may push up product prices, reduce orders, and spark strategic shifts in FDI tech manufacturing.
Industry leaders say the new tariffs hit FDI manufacturing sectors, not IT services - Vietnamese companies like FPT and Viettel remain unscathed.
Gold prices spiked to new records following U.S. tariff announcements, but experts warn of potential pullbacks amid rising profit-taking pressure.
Led by Deputy PM Bui Thanh Son, the inter-ministerial group will monitor U.S. trade shifts and coordinate national responses to protect Vietnamese exports.
Vietnam’s VN-Index posted a historic loss on April 3 after President Trump unveiled sweeping import tariffs, with Vietnam facing a 46% rate.
The Ministry of Finance proposes major tax reductions on goods like cars and agricultural products to enhance trade relations with the US.
The Trade Remedies Authority of Vietnam urged businesses to continue monitoring the export and import of plywood products to prevent illegal transhipment and the misrepresentation of Vietnamese origin.