VOV.VN - Vietnam’s economy is forecast to grow at 6.6% and 6.5% in 2025 and 2026, respectively, following a robust 7.1% growth last year, according to the Asian Development Bank (ADB)’s flagship annual economic publication released on April 9.

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.

Economists underlined the need for Vietnamese Government and businesses to apply measures to adapt to the new tariff policy of the US to maintain growth during a meeting held by the Ho Chi Minh City Department of Industry and Trade on April 8.

In response to US President Donald Trump’s decision to impose a minimum 10% import tariff on all goods and a 46% countervailing duty on Vietnamese imports, the American Chamber of Commerce in Vietnam (AmCham Vietnam) has put forward proposals aimed at balancing the interests of both nations.

VOV.VN - Following the US’ announcement of a 46% tariff on several Vietnamese products, including shrimp, the Ca Mau provincial People’s Committee has urged seafood processors and shrimp farmers to remain calm and avoid panic.

The Vietnam Chamber of Commerce and Industry (VCCI) and the American Chamber of Commerce in Hanoi (AmCham) have jointly proposed US President Donald Trump to temporarily suspend the imposition of reciprocal tariffs on Vietnamese exports.

VOV.VN - Facing a US tariff hike of up to 46%, the Government is rallying domestic and overseas stakeholders to jointly implement rapid and long-term trade response measures.

VOV.VN - Vietnam is implementing multiple synchronized measures to respond to the United States’ 46% reciprocal tariff, aiming to cushion its negative impact on exports and the economy in general.

VOV.VN - Vietnamese Prime Minister Pham Minh Chinh held a phone call with Malaysian Prime Minister Anwar Ibrahim on April 6 to exchange views on bilateral relations and assess recent emerging regional and international issues, including the new US tariff policy.