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Việt Nam eyes positive outlook amid US tariff pressures
vietnamnews.vn ^

Posted on 04/29/2025 2:14:28 PM PDT by tsowellfan

HÀ NỘI — Promising developments are being made in the ongoing tariff negotiations between Việt Nam and the US, despite persistent trade challenges.

That's according to Đỗ Ngọc Hưng, Trade Counsellor to the US, speaking at a conference for Việt Nam trade offices abroad held by the Ministry of Industry and Trade on April 28.

The conference underscored that while global tariff tensions are creating hurdles, they also present opportunities for Việt Nam to restructure its trade strategies, boost innovation and expand its global footprint.

Strengthened international cooperation, improved domestic competitiveness and agile policy support remain key to navigating this shifting landscape.

Speaking at this event, Hưng acknowledged existing tariff pressures on Việt Nam-US trade.

However, he emphasised that optimism remains high among major US retailers, including Walmart, Target, Costco and Home Depot. These corporations have expressed confidence in a resolution, supporting the removal of reciprocal tariffs between the two nations...

(Excerpt) Read more at vietnamnews.vn ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: tariffs; trump; vietnam

1 posted on 04/29/2025 2:14:28 PM PDT by tsowellfan
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To: tsowellfan

Vietnam is big on auto parts exports...


2 posted on 04/29/2025 2:27:28 PM PDT by stylin19a ("Artillery Brings Dignity to What Would Otherwise Be Just A Vulgar Brawl" )
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To: stylin19a

Vietnam is also where China hides a lot of its exports. You think they come from Vietnam but they actually come from China...


3 posted on 04/29/2025 2:41:47 PM PDT by packrat35 (Pureblood! No clot shot for me!)
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To: tsowellfan

As long as importers from Vietnam ‘eat’ a 10% tariff, I really don’t care what the Vietnamese do.

Side note: I have a bias towards tariffs, as a manufacturer who has lost substantial amount of business over the last 4 years to producers in Vietnam.


4 posted on 04/29/2025 3:13:27 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel. )
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To: unclebankster

Worse was foreign governments subsidizing business loans to buy machinery made in their country. During days of 8% prime interest rates, that was a huge wall to climb for American manufacturers.


5 posted on 04/29/2025 3:21:48 PM PDT by Bobbyvotes (I am in mid-80's and I am not gonna change my opinions.)
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To: Bobbyvotes

Worse was foreign governments subsidizing business loans to buy machinery made in their country. During days of 8% prime interest rates, that was a huge wall to climb for American manufacturers.

*************

Good point.

Also, I wouldn’t be against some tax breaks on our side for industrial & manufacturing capitalization, to speed up production starts.(including agricultural producers.)

Ideologues will yell about government centralized industrial policy and trade unions, but it could be done in a manner that would temper their worst fears.


6 posted on 04/29/2025 3:32:12 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel. )
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To: tsowellfan

HÀ NỘI


7 posted on 04/29/2025 3:42:33 PM PDT by ComputerGuy
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To: packrat35

You state, “Vietnam is also where China hides a lot of its exports. You think they come from Vietnam but they actually come from China...”
Could you please provide evidence for that claim. I suppose it is needless to recall that since the US departure Viet Nam has cracked down hard on the Chinese of Cho Lon, Saigon’s sister city; there was a short sharp border battle between Vietnam and China, where China suffered a bloody nose; and there are recent reports of Chinese continuing to leave the south Vietnam. I can find no evidence of serious Chinese investment in Vietnam.


8 posted on 04/29/2025 6:59:52 PM PDT by Bookshelf
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