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.
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 - 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.
VOV.VN - Deputy Prime Minister Ho Duc Phoc has had a host of meetings with US lawmakers, businesses, and experts to boost bilateral trade and investment, calling for the removal of tariffs on Vietnamese goods and a sustainable trade deal.
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.
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.
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.
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.