Author: the-shiv

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Trade: Vietnam agriculture ministry expecting US$6.2 billion loss on 20 percent US tariff

Export turnover in the second half of 2025 is projected to fall by 20 percent, equal to a loss of US$6.2–6.5 billion, with overall growth slowing to around 3.85 percent if a 20 percent US tariff is imposed, according to Vietnam’s Ministry of Agriculture and Environment. In a worst-case scenario, with a 46 percent tariff, second-half exports could drop by as much as US$12.3 billion, Tuoi Tre has reported.

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Chemicals: Vietnam exports dip 12.97 percent in May

Vietnam’s exports of chemicals reached US$209.50 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a notable decrease of 12.97 percent compared to April, bringing the year-to-date (YTD) export value to US$1.12 billion.

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Rubber products: Vietnam imports up 7.15 percent in May

Vietnam’s imports of rubber products reached US$109.44 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 7.15 percent compared to April, bringing the year-to-date (YTD) import value to US$486.28 million.

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Chemical products: Vietnam exports drop 13.38% in May

Vietnam’s exports of chemical products reached US$226.59 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 13.38 percent compared to April, bringing the year-to-date (YTD) export value to US$1.20 billion.

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