us-vietnam-trade-tariffs
Content related to US tariffs on Vietnamese goods and Vietnam’s trade policy responses. This includes analysis of tariff impacts, supply chain shifts, government statements, industry reactions, and trade negotiation developments between the US and Vietnam. Suitable for advertisers targeting manufacturers, exporters, logistics providers, or trade policy professionals.
Manufacturing: Vietnam April PMI sees sector contract sharply as US tariffs hit
Vietnam’s manufacturing sector shrank in April as newly announced US tariffs triggered a sharp drop in orders, production, and sentiment, according to a press release from S&P Global Vietnam Manufacturing Purchasing Managers’ Index. Vietnam’s PMI fell to 45.6, down from 50.5 in March, signalling the steepest monthly contraction since May 2023, largely as a result of the US tariffs announced at the start of the month, the press release says.
Footwear: Nike, Adidas warn Trump tariffs threaten Vietnam-made US shoe supplies
A coalition of 76 brands including Nike, Adidas, Skechers, and Under Armour has warned the White House that recently announced import tariffs are an “existential threat” to their businesses. In a letter penned by the Footwear Distributors and Retailers of America, the brands have claimed that many firms cannot absorb or pass on the new costs, particularly those selling to low- and middle-income consumers, CNBC has reported.
Markets: Vietnam stocks among worst global performers in April amid tariff shock
Vietnam’s VN-Index dropped 6.2 percent in April, falling from 1,306 to 1,226 points, according to IndexQ, marking the steepest monthly decline in a year, VN Express has reported. This placed Vietnam second on the list of the world’s worst-performing stock markets, behind only Argentina, which saw a 10.8 percent drop.
Steel: Hoa Phat says U.S. tariffs unlikely to impact Vietnam exports directly
US Section 232 tariffs already apply to Vietnamese steel and will not be expanded, Hoa Phat CEO Nguyen Viet Thang has told Financial Street as reported by The Investor.
Energy: Vietnam PM pushes for US$6 billion gas deal with US to stabilise trade
Vietnam’s Prime Minister has ordered urgent negotiations to finalise a US$6 billion methanol gas import agreement with the United States, framing it as a cornerstone of efforts to balance trade and defuse tariff tensions. The PM has said he expects a deal to be finalised in May, according to Cafe F.
US tariffs: insights from US-based Vietnam Trade Counselor
The US will prioritize negotiations with several countries, including Vietnam, India, the UK, Japan, South Korea, and Indonesia in tariff talks, Do Ngoc Hung, Trade Counselor at the Vietnam Trade Office in the US has told a conference, as reported by Cafe F. This comes as the end of a 90-day pause on a 46 percent import tariff on Vietnamese goods draws uncomfortably nearer.
Retail: Mobile World confident of growth in Vietnam despite tariff headwinds
Vietnamese retail giant Mobile World Investment Corporation (MWG) expects to continue growing even if the market stagnates or retreats, chairman Nguyen Duc Tai told shareholders at the company’s 2025 AGM on Saturday, English language news site, The Investor has reported.
Banking: BIDV flags risk to US$11.6 billion credit portfolio from US tariffs
At its 2025 annual general meeting, BIDV Chairman Phan Duc Tu warned that US “reciprocal” tariffs could affect around VND 300 trillion (US$11.58 billion) of the bank’s outstanding loans, representing 15 percent of its total credit balance. Industries most at risk include steel, plastics, seafood, textiles, and electronics, Cafe F is reporting.
Beer: Vietnam’s Sabeco to double down on local market amid tariff risks
Sabeco will focus its strategy on the domestic Vietnamese market rather than export markets, CEO Lester Tan Teck Chuan told shareholders at the company’s 2025 annual general meeting. Exports currently account for just 1 percent of Sabeco’s revenue, and rising global risks, including potential U.S. reciprocal tariffs on aluminum, have reinforced the brewer’s domestic focus, English news site The Investor is reporting.
Trade: Vietnamese exporters warn of collapse if US tariffs return: “We could not survive”
Two Vietnamese entrepreneurs, whose firms depend almost entirely on exports to the United States, have voiced grave concern about the impact of the proposed 46 percent US tariff. Speaking to BBC News, SHDC Electronics founder Le Song Hao and KPY Interior CEO Hoang Thi Nhu Yen said their businesses are already under pressure and may not survive if punitive tariffs are reinstated after the current 90-day suspension.
US tariffs prompt LG to pause Vietnam expansion plans
LG Electronics has suspended expansion plans for its microwave and refrigerator production lines in Hai Phong, northern Vietnam, citing the rising cost burden from new US tariffs. The decision comes despite strong financial performance in 2024 and highlights the growing impact of tariff-driven trade tensions on foreign-invested manufacturers in Vietnam, The Investor is reporting.
Key Challenges in Vietnam-US Trade Negotiations: Unpacked
The US-China tit-for-tat trade war has seen tariffs on China rise to 145 percent and tariffs on the US reach 125 percent. As a key link between these two economies, this puts Vietnam in a tricky situation entering trade negotiations with the United States. Add to that the often contradictory objectives of its foreign-invested and domestically owned sectors and this should make for some very interesting negotiations.
Pepper: Vietnam’s pepper exporters scramble to fulfil US orders after tariff reprieve
Vietnamese pepper exporters saw a sudden surge in US orders after President Donald Trump delayed the imposition of a 46 percent tariff, prompting firms like Phuc Sinh Group to run triple shifts to meet demand. Industry leaders say the 90-day window is a relief—but also a warning to prepare long-term strategies to withstand future shocks, VietnamNet is reporting.
Textiles: Vietnam’s Vinatex steps up delivery, resilience planning amid US tariff uncertainty
Vietnam’s textile giant Vinatex is ramping up production and reinforcing its strategic planning following the announcement—and 90-day delay—of the US’s 46 percent reciprocal tariff on Vietnamese goods. While some orders were initially paused, customers quickly resumed demand once the deferral was confirmed, giving exporters a narrow window to fulfil contracts, Tuoi Tre is reporting.
Electronics: Vietnam tech exports get tariff reprieve on US tariff exemption announcement
The US Customs and Border Protection (CBP) has released updated guidance clarifying that certain electronics and high-tech products will be excluded from the “reciprocal” tariffs announced earlier this month, according to a notice from the government body.
Trump tariffs to have limited impact on Vietnam’s fruit and vegetable exports: industry group
Vietnam’s fruit and vegetable sector will face minimal disruption from President Donald Trump’s newly announced 46 percent import tariffs, according to Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association. Nguyen has said he believes that the tariffs will not be applied to all sectors of the economy equally with Vietnam’s trade deficit in fruits and vegetables likely to lead to a lower US import tariff, The Investor is reporting. It is not clear how Nguyen reached this conclusion.
Vietnam seafood group urges halt to US-bound seafood shipments pending tariff negotiation outcome
The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged Vietnam’s seafood exporters to suspend shipments to the United States pending the results of negotiations over the 46 percent Trump Tariff announced last week, VN Economy is reporting.
What’s Next for Vietnam if Trump’s 46 Percent Tariff is Here To Stay?
Last week, the President of the United States Donald Trump announced sweeping tariffs on imports from all over the world. Among them was a 46 percent tariff on imports from Vietnam. This will have broad implications for Vietnam’s economy and the world economy more broadly. With this in mind, this article looks at what Trump hopes to achieve and the way he intends to achieve it, both of which make it look a lot like these tariffs are here to stay. That being the case, it also looks at the implications for Vietnam and ways it might be able to formulate an impact-mitigating response.
Trump’s 46% tariff on Vietnam imports shocks businesses, rattles markets
President Donald Trump has announced a sweeping 46 percent import tariff on goods from Vietnam, citing trade imbalances and currency manipulation. Vietnam’s current average MFN tariff rate is 9.4 percent, significantly higher than the U.S. average of 3.3 percent, according to a White House press release. The U.S. also criticised Vietnam for restricting imports of remanufactured goods.
Vietnam considers cuts to import tariffs on range of ag. goods, resources
The Ministry of Finance is preparing a draft decree for the government that, if approved, will adjust Vietnam’s Most Favoured Nation (MFN) import tax rates down. This is at the request of the Prime Minister in response to “complex and unpredictable developments of the world’s geopolitical and economic situation” (READ: US tariff policy), Zing News is reporting.
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