HCMC – The Vietnamese Government has urged the U.S. to delay the 46% reciprocal tariff on goods imports from Vietnam for one to three months to make room for negotiations and avoid trade disruptions.
Deputy Prime Minister Ho Duc Phoc shared this view at an April 4 meeting with industry associations, businesses, and diplomatic agencies.
The two countries’ exports do not directly compete in most sectors, he said, adding Vietnam had recently cut import duties, ease investment conditions, and support businesses for sustainable growth.
Industry representatives expressed concern over the U.S. tariff as it would leave huge impact on the export sector, saying they could import more U.S. goods provided that negotiations would lead to a tariff agreement that is good for both sides.
Relevant ministries pledged to address technical barriers, review certain tariff lines, and collaborate closely with the U.S. side. They indicated Vietnam’s keen interest in importing products with advanced technology, and its readiness to strengthen trade relations with America.
Deputy Prime Minister Phoc reiterated Vietnam’s commitment to fair and constructive discussions, highlighting measures such as a recent decree that reduces tariffs on certain items imported from the U.S. He called on local exporters to keep prices unchanged while the Government seeks a mutually beneficial solution with the U.S. to preserve market stability.
With ongoing goodwill on both sides, Vietnam believes upcoming talks will help solidify economic and trade ties under the comprehensive strategic partnership between the two nations.
Vietnamese exporters to the U.S. market have also been advised to maintain current prices pending the outcome of the forthcoming talks.
