VOV.VN - Minister of Industry and Trade Nguyen Hong Dien affirmed Vietnam’s readiness to open its market and offer greater incentives to US exports, and expected the US to take reciprocal steps at a meeting on June 11 with US Senator Roger Marshall, a Republican from Kansas who holds significant influence in US politics, particularly in economic, trade, and agricultural affairs.

VOV.VN - 2024 saw Vietnam earn US$119.5 billion from its exports to the United States, with top 10 export commodities bringing in US$98.54 billion.

VOV.VN - The average tariff rate for US exports to Vietnam is currently around 15%, far lower than the 90% figure claimed by the US, a representative of the Ministry of Finance stated in response to the US decision to impose a 46% reciprocal tariff on Vietnamese goods.

VOV.VN - The first shipment of four tonnes of vermicelli was exported to the United States in early January by Tan Viet A Agricultural Cooperative in northern Cao Bang province, said Tran Duc Hieu, director of the cooperative, on January 16.

The economic and trade mechanisms between Vietnam and the US have shown efficiency throughout 2024, according to Do Ngoc Hung, trade counsellor and head of the Vietnam Trade Office in the American country.

VOV.VN - Two-way trade between Vietnam and the US surpassed the US$100 billion mark in the first nine months of the year, with the US remaining as the largest market for Vietnamese goods.

VOV.VN - With US$54.3 billion in export earnings, the US represented Vietnam's largest export market in the first half of 2024, and exports to the highly lucrative market are forecast to see continued growth in the time ahead.

VOV.VN - Vietnamese exports to the US market are anticipated to hit record highs throughout 2024 following positive export signs during the first quarter of the year, according to Dau Tu (investment) newspaper.

VOV.VN - The US remains Vietnam’s largest cashew export market, recording 39,142 tonnes of exports worth more than US$208 million in the first quarter of the year, according to figures released by the General Department of Vietnam Customs.

VOV.VN - Vietnam and US signed a US$500 million Memorandum of Understanding (MOU) on March 18 to facilitate the financing of US exports to Vietnam.