US tariffs threaten Việt Nam’s exports, economic growth

Economists and business leaders are raising serious concerns over the US announcement to impose a 46 per cent reciprocal tariff on Vietnamese goods starting April 9, warning of potential negative impacts on exports and the country’s overall economic growth.

Việt Nam's GDP expands by 6.93 per cent in Q1

According to the NSO, the agro-forestry-fishery, industry-construction, and service sectors expanded by 3.74 per cent, 7.42 per cent and 7.7 per cent, contributing 6.09 per cent, 40.17 per cent, and 53.74 per cent to the total GDP expansion during January–March, respectively.

Experts urge caution over proposed sugary drink tax in Việt Nam

At a forum on SCT held in Hà Nội on April 4, hosted by the Việt Nam Beer–Alcohol–Beverage Association (VBA), concerns were raised that a sudden imposition of the tax could deliver a “shock” to producers, disrupt business operations, and burden consumers.

Hưng Yên's leader commits full support to US investors

Secretary of the Hưng Yên provincial Party Committee Nguyễn Hữu Nghĩa promised full support in terms of land access, taxation, and legal procedures to US firms eager to invest in the province, at a working session with US Ambassador to Việt Nam Marc E. Knapper on April 4.

Taxing times

The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.

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