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Tag: usa

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.

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Vietnam’s exports to the US rise 16 percent in February

Vietnam exported US$10.50 billion worth of goods to the United States in February 2025, up 15.79 percent from January’s total of US$9.07 billion, according to Vietnam’s General Department of Customs. This brought the total value of exports to the US in the first two months of 2025 to US$19.56 billion.

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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.

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Vietnam’s imports from the USA rise 24 percent in February

Vietnam imported US$1.44 billion worth of goods from the United States in February 2024, up 24.23 percent from January’s total of US$1.16 billion, according to Vietnam’s General Department of Customs. This brought total imports from the US in the first two months of the year to US$2.59 billion.

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Trump Organization CEO meets with Vietnam PM

Prime Minister of Vietnam Pham Minh Chinh has met with Charles Bowman, General Director of Projects for the Trump Organization in Vietnam, to discuss a proposed US$1.5 billion luxury urban, eco-tourism, and golf complex in Hung Yen province.

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