VOV.VN - The recent announcement of tariffs by the United States has caused a renewed contraction to hit the Vietnamese manufacturing sector during April, with the country's Manufacturing Purchasing Managers' Index (PMI) falling to 45.6, according to the latest report released by S&P Global.
The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.
VOV.VN - Prime Minister Pham Minh Chinh has asked relevant agencies to make proactive efforts in coming negotiations with the United States, to ensure balanced and sustainable trade ties with this large market.
VOV.VN - The United States Trade Representative (USTR) has hailed the outcome of the recent virtual meeting between USTR representative Jamieson Greer and Vietnamese Minister of Industry and Trade Nguyen Hong Dien, acknowledging Vietnam’s goodwill toward addressing trade issues between the two countries.
Vietnam has expressed its readiness to engage in dialogue with the US following the latter’s announcement of steep tariffs on solar panels imported from four countries in Southeast Asia, including Vietnam.
With the US imposing reciprocal tariffs on exports, many Vietnamese firms are pivoting to the burgeoning global Halal market to diversify their revenue streams and boost export growth.
Prime Minister Pham Minh Chinh signed an official dispatch on April 22, outlining key tasks and solutions aimed at driving Vietnam’s economic growth throughout the year.
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.