VOV.VN - Starting August 7, a 20% tariff combined with a series of technical barriers is putting heavy pressure on Vietnamese exports to the United States, forcing businesses to restructure production and business models to adapt.

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.

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.

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.

Despite mounting global political and trade tensions as well as US tariff adjustments, Vietnam's agro-forestry-fishery sector had a promising start, achieving an export revenue of some US$33.5 billion, and is gearing towards the target of US$65 billion for the whole year.

VOV.VN - In response to changes in US tariff policy and global trade instabilities, Vietnamese businesses are making every effort to expand into new markets, bolster exports and stay resilient in the face of global economic fluctuations.

VOV.VN - Amid mounting tariff pressure from the US, Vietnamese businesses are shifting their focus to Germany, Europe’s largest economy, known for its strong purchasing power, modern distribution network, and transparent, stable business environment.

Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City last week.

VOV.VN - The most optimistic scenario envisions a 10% tariff imposed by the US on Vietnamese goods, under which Vietnam’s GDP growth could reach the target range of 7.5–8%.

Vietnam’s aquatic product exports in the early months of 2025 have continued to show steady growth, although performance has varied across product segments and markets, amid mounting challenges posed by reciprocal tariff measures of the US.