Vietnam explores solutions in face of US tariffs

The country's economic growth, of which the United States is the largest export market, is declining.

Jirayu asks Phi Teng, the opposition leader, to tone it down! After shaking the prime minister, saying he would not set up a committee to amend Trump's taxes again, he clearly emphasized it many times, setting up a committee since January 6, working to summarize information every week, complete and ready to report to the meeting at 1:00 p.m. tomorrow. He suggested that some matters are not beneficial to the country. If you can tone it down, you …

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Changes in American economic policies will arguably impact businesses outside the US, particularly in Asia, due to its backward and forward integration in global value chains. Nomura Research listed Vietnam, Thailand, Malaysia, and Singapore as most affected by potential US tariffs. Businesses in Asia will likely tweak their strategies to accommodate the new uncertainties while navigating the known challenges ahead, including rising competition—…

Exploring the Impact of U.S. Tariffs on Vietnam and its Industries Read more The US-Vietnam Trade War: A Deep Analysis in News.es.

In the morning of 6-4, concluding when chairing the regular government session in March 2025 and the Government's online conference with the local government, Prime Minister Pham Minh Chin stated his view of continuing to maintain the growth target.

The regular Government meeting in March took place in the context of the US imposing a 46% reciprocal tax on Vietnam. However, there were many positive signs such as the first quarter GDP growth being the highest in the past 5 years.