09-07-2025
Vietnam Prepares for Impact of 20% Tariff as Investors Back Deal
Vietnam aims to sign more free trade agreements to diversify its export markets as it grapples with global uncertainty posed by the US tariff offensive.
'The global economy is being impacted by geopolitical competition, climate change, digital transformation, and especially tariff policies from major markets such as the United States,' deputy trade minister Phan Thi Thang said at an investment summit in Hanoi Wednesday. 'However, Vietnam still has many opportunities to break through.'
