Gold prices spiked to new records following U.S. tariff announcements, but experts warn of potential pullbacks amid rising profit-taking pressure.

Led by Deputy PM Bui Thanh Son, the inter-ministerial group will monitor U.S. trade shifts and coordinate national responses to protect Vietnamese exports.

Vietnam’s VN-Index posted a historic loss on April 3 after President Trump unveiled sweeping import tariffs, with Vietnam facing a 46% rate.

The Ministry of Finance proposes major tax reductions on goods like cars and agricultural products to enhance trade relations with the US.

The Trade Remedies Authority of Vietnam urged businesses to continue monitoring the export and import of plywood products to prevent illegal transhipment and the misrepresentation of Vietnamese origin.

While Vietnam is not the largest exporter of steel and aluminium to the US, domestic businesses will still face significant challenges due to this policy.

Global tariff retaliations present opportunities for certain Vietnamese industries and publicly traded companies to gain from increased exports, FDI and supply chain realignments.

Eggs are becoming increasingly expensive in the US but are cheap in Vietnam, which produces about 20 billion eggs a year.

The US remains Việt Nam’s largest export market, with an estimated trade value of US$10 billion in January.

The Commercial Counsellor and Head of the Vietnam Trade Office in the US pointed out that US producers have yet to meet domestic steel demand fully, leaving room for Vietnam’s exported steel and aluminium products in the market.

Vietnam and the US have reached a bilateral agreement to end a WTO dispute over anti-dumping duties on Vietnamese tra fish exports, marking a significant step in trade relations.

The U.S. has overtaken China as Vietnam’s largest supplier of fruits and vegetables during the Tet (Lunar New Year) season, with imports reaching a record $123.7 million in December 2024.

The US has made a historic $1.2 billion investment in importing Vietnamese cashews, solidifying Vietnam's position as the world’s leading cashew supplier.