As the US has paused its 46% reciprocal tariff on imports from Vietnam, the Institute of Strategy and Policy on Natural Resources and Environment (ISPRONE) under the Ministry of Agriculture and Environment has penned several agricultural growth scenarios and solutions in response to the US tariff policy.

Despite escalating global uncertainties and the looming threat of reciprocal tariffs from the US, Vietnam remains committed to its ambitious GDP growth target of 8% for 2025.

A wide range of US agricultural products will soon enter the Vietnamese market at more competitive prices, following a significant reduction in import tariffs which took effect on March 31, 2025.

VOV.VN - The 90-day suspension of reciprocal tariffs by the US, which includes Vietnam, is viewed as a "golden period" for relevant agencies, businesses, and industry associations to prepare plans to meet the export standards, particularly for the US market.

VOV.VN - Vietnam has established a Government negotiation team on trade issues with the United States, marking an important step in strengthening bilateral economic relations and addressing outstanding trade matters between the two countries.

VOV.VN - Vietnam has proposed to the United States the exemption of taxes on certain groups of agricultural and aquatic products that do not directly compete in the market.

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.

Minister of Industry and Trade Nguyen Hong Dien called for ASEAN to stay united and composed in its cooperation with the United States, emphasising the importance of promoting collaboration with external partners, including the US, in areas of mutual interest.

VOV.VN - Vietnam and the United States have agreed to begin negotiations on a bilateral trade agreement, which will also include tariff discussions, a key pillar of the proposed agreement.

VOV.VN - The US decision to temporarily suspend the 46% tariff on Vietnamese imports for 90 days has received positive reactions from the business community and economic experts. However, some analysts remain concerned about whether Vietnam can fully capitalize on the opportunity.