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PM directs SBV, finance ministry to take urgent action amid tariff pressure

PM directs SBV, finance ministry to take urgent action amid tariff pressure

“The SBV also needs to effectively use management tools to appropriately regulate foreign exchange rates and interest rates with an aim to meet capital needs for the economy and maintain stability in the monetary, foreign exchange and gold markets, besides...
Institute outlines three scenarios for VNs agricultural growth amid potential US reciprocal tariffs

Institute outlines three scenarios for VN's agricultural growth amid potential US reciprocal tariffs

Total export turnover of agricultural, forestry and fishery products in Q1 reached US$15.7 billion, up 13.1 per cent year-on-year.
Vietnamese exporters reinvent solutions on USs 90-day pause on reciprocal tariffs

Vietnamese exporters reinvent solutions on US’s 90-day pause on reciprocal tariffs

Many industry experts view this challenge as a chance to restructure production process and enhance competitiveness.
Việt Nam takes action to prevent origin fraud in export

Việt Nam takes action to prevent origin fraud in export

This is a critical time to intensify efforts against origin fraud and illegal transshipment, as some foreign exporters have taken advantage of Việt Nam as a transshipment point to reroute goods and avoid trade remedies in third countries.
US tariffs prompt Việt Nams supply chain shift

US tariffs prompt Việt Nam’s supply chain shift

The seminar titled ‘US Countervailing Tariffs and Việt Nam’s Corporate Response’, organised by the Việt Nam Chamber of Commerce and Industry (VCCI) on the morning of April 18, attracted significant attention and participation from economic experts and the business community.
No significant impact for domestic banks over loans to export and FDI enterprises

No significant impact for domestic banks over loans to export and FDI enterprises

According to analysts of the VCB Securities Company, the outstanding export loans to the enterprises only account for five per cent of the total outstanding loans of the whole banking system,
Cà Mau proactively responds to impact of US tariffs

Cà Mau proactively responds to impact of US tariffs

In the face of the US announcing a 46 per cent tariff on Vietnamese goods, including seafood products, Cà Mau Province has proactively reviewed and assessed the impact of the levy on this industry, ensuring that the production chain, especially shrimp exports,...
Việt Nam Trade Office warns of trade diversion, affecting Vietnamese exports to EU

Việt Nam Trade Office warns of trade diversion, affecting Vietnamese exports to EU

Being cautious and proactive at this time will help Việt Nam protect its exports to the EU and preserve the international reputation of Vietnamese goods amid an increasingly volatile global trade landscape.
Deputy PM chairs task force meeting on economic and trade cooperation with US

Deputy PM chairs task force meeting on economic and trade cooperation with US

Deputy Prime Minister Bùi Thanh Sơn tasked the Ministry of Finance with continuing to review and refine plans to reduce import tax.
Việt Nam takes swift, proactive actions in response to new US tariff policy

[Longform] Việt Nam takes swift, proactive actions in response to new US tariff policy

Việt Nam has responded to the new tariffs by consulting businesses, cutting some import duties, easing technical barriers, curbing origin fraud and boosting imports.
Việt Nam eyes backup plans as US tariff threat looms

Việt Nam eyes backup plans as US tariff threat looms

Over the longer term, Việt Nam must consider diversifying export markets, especially those with free trade agreements already in place. Markets in East Asia and the European Union offer viable alternatives based on demand and trade volume.
AmCham proposes US postpone reciprocal tariffs on Việt Nams goods

AmCham proposes US postpone reciprocal tariffs on Việt Nam's goods

While AmCham acknowledges the need to address the growing trade deficit between the two nations, it strongly urges the US administration to consider implementing a grace period.
Seven traders assigned import tariff quotas for sugar in 2024

Seven traders assigned import tariff quotas for sugar in 2024

Seven traders, including the Việt Nam Sugar Joint Stock Company, were allocated import quotas at an auction in Hà Nội on Friday.
Ministry proposes removing FiT for more competitive renewable energy prices

Ministry proposes removing FiT for more competitive renewable energy prices

FiT was introduced to support early development of renewable energy sources by providing a guaranteed, above-market price for producers to sell energy back to the grid.
Philippines announces 20 per cent tariff cut for imported rice

Philippines announces 20 per cent tariff cut for imported rice

The Philippines, one of the world''s largest rice buyers and largest customers of Vietnamese rice, announced a reduction in import taxes from 35 per cent to 15 per cent, effective immediately and lasting until 2028.