Vietnam and India have great potential for cooperation in the garment and textile sector as the US's new reciprocal tax policy could significantly impact exports of both countries to the US market, according to Bui Trung Thuong, Trade Counselor at the Vietnam Trade Office in India.

The European Union is concerned that Chinese goods, previously destined for the US, could be redirected to the European market due to the reciprocal tariffs, said Nguyen Thi Hoang Thuy, head of the Vietnam Trade Office in Sweden, concurrently in charge of the Nordic market.

High export prices helped the pepper export value remain positive in the first quarter of 2025, despite a decrease in export volume, however, with the US announcing base and reciprocal tariffs on imported goods, exporters are concerned about facing significant losses in the coming time.

The Ministry of Agriculture and Environment has set a target for the agro-forestry-fishery sector to grow by at least 4% in 2025, with export turnover expected to reach US$65 billion, striving for US$70 billion.

VOV.VN - Vietnam’s rice export prices have shown signs of recovery following a prolonged decline, according to the Vietnam Food Association (VFA).

Vietnam’s total import-export turnover hit US$202.52 billion in the first three months of 2025, marking a 13.7% increase compared to the same period last year, the National Statistics Office (NSO) reported on April 6.

The American Chamber of Commerce in Vietnam (AmCham) on April 4 issued a statement outlining the wide-ranging impact of the US’s new tariff policy on Vietnamese exports.

VOV.VN - The Ministry of Industry and Trade (MoIT) has confirmed that it has yet to consider adjusting the export growth target for 2025 after the Trump administration announced a 46% tariff on Vietnamese goods exported to the United States.

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 - Vietnam regrets the United States’ decision to impose reciprocal tariffs on Vietnamese exports to its market, Pham Thu Hang, spokesperson for the Vietnamese Ministry of Foreign Affairs has said.