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Update news us market
According to Vietcombank Securities (VCBS), in April and May, container volume rose 13% year-on-year, with Cai Mep-Thi Vai ports up 22%, Lach Huyen up 32% and Ho Chi Minh City ports up 8%.
Imported American cars sell slowly in Vietnam due to high prices and difficulty in competing with locally assembled vehicles or those imported from ASEAN which enjoy preferential tariffs.
Deputy Prime Minister Nguyen Hoa Binh says that Vietnam and the US are actively negotiating on tariffs, adding that "we will do everything possible to ensure the 46 percent tariff on Vietnamese goods does not materialize.”
Seven Vietnamese companies enjoy 0% anti-dumping duty in the latest US review.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The US Department of Commerce (DOC) in the early morning of June 7 released preliminary results of its 19th administrative review (POR19) on anti-dumping duties for frozen warmwater shrimp imported from Vietnam.
During his U.S. visit, Minister Do Duc Duy emphasized mutual benefits of avoiding high tariffs and expanding agricultural cooperation with Ohio.
Vietnam’s legal framework governing fruit imports and exports is now relatively comprehensive. However, a lack of understanding of each country’s regulatory requirements among some exporters and importers continues to cause procedural difficulties.
According to S&P Global, Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) rose to 49.8 in May from 45.6 in April, remaining just below the 50-point threshold. The reading signals a near-return to stable operating conditions.
Trump’s tariff hike shocks global markets, but Vietnam’s steel ambitions may be perfectly timed.
The two sides identified key areas of consensus and agreed to further technical discussions ahead of June’s third round.
Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Trade Representative Jamieson Greer reached a high consensus on principles, approaches, content orientations, and negotiation plans.
According to the Foreign Investment Agency, as of April 30, Vietnam had run 252 investment projects in the US, with a total capital of 1.36 billion USD.
The US is now a comprehensive strategic partner and one of Vietnam's largest export markets. Meanwhile, Vietnam ranks as the US's eighth-largest trading partner.
The VN-Index jumps 3.3% as the new KRX system and trade negotiations boost investor confidence.
Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.
Large Vietnamese enterprises plan to intensify engagements and meetings with US partners from now until June to advance the signing of contracts to implement previously signed agreements and memoranda of understanding with US partners.
Minister of Industry and Trade Nguyen Hong Dien called for the development of bilateral trade relations in a balanced, long-term, and sustainable manner, in full compliance with Vietnam’s international commitments.
U.S. reciprocal tariff policies targeting several countries, including Vietnam, have become a focal concern for banks, as these measures could directly impact their clients and, in turn, affect the quality of bank assets.