Tag: tariff
Prime Minister orders effective responses to tariff policies: press conference
Prime Minister Pham Minh Chinh has directed authorities to closely track global and domestic developments to ensure flexible, timely, and effective responses, especially in light of the US’s new tariff policies, Minister and Chairman of the Government Office Tran Van Son told a press conference in Hanoi on August 7.
Trade Ministry to submit US tariff response plan to PM on August 8
VOV.VN - The Ministry of Industry and Trade (MoIT) is expected to submit to the Prime Minister on August 8 a comprehensive response plan to address the recent adjustments in US reciprocal tariffs.
Textile, seafood sectors seek to maintain market share amid 20% US tariff imposition
VOV.VN - The US government’s 20% tariff on Vietnamese exports is straining the textile and seafood sectors by raising costs and reducing competitiveness, but industry leaders remain hopeful as businesses can adapt through operational optimisation and market diversification.
US slashes reciprocal tariff on Vietnamese exports to 20%
VOV.VN - The United States has lowered its reciprocal tariff on Vietnamese exports from 46% to 20%, according to Vietnam’s Ministry of Industry and Trade.
Brighter FDI prospects hinge on upcoming US tariff decision
VOV.VN - Global investment flows, including those into Vietnam, are expected to shift more clearly after August 1, 2025, when the US is scheduled to finalize its tariff policy.
ADB lowers Vietnam’s GDP growth projection to 6.3% in 2025
VOV.VN - The Asian Development Bank (ADB) has revised down its forecast for Vietnam’s GDP growth to 6.3% in 2025 and 6.0% in 2026, down by 0.3 and 0.5 percentage points respectively from its previous forecast three months ago.
Zero tariffs on US imports: Opportunity for consumers, challenge for local firms
VOV.VN - Vietnam’s plan to open its market to US goods with a 0% import tariff not only creates opportunities for consumers to access high-quality products at better prices, but also serves as a major test for the competitiveness and adaptability of domestic enterprises under pressure from foreign imports.
Clear origin rules essential for sustaining export growth to US
VOV.VN - Amid shifting US tariff policies, it is crucial for Vietnamese businesses to grasp market trends and consumer demand in order to raise export turnover to this highly lucrative market.
Foreign investors show strong confidence in Vietnam’s long-term investment potential
Despite concerns over US tariff policies, foreign investors remain confident and continue to implement large-scale projects in Vietnam.
Shrimp exports to US surge despite tariff concerns
VOV.VN - Vietnamese shrimp exports to the United States have grown for the seventh consecutive month, defying mounting tariff pressures, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
