Vietnam calls for flexible response to US tariffs, maintaining eight per cent growth target


The Prime Minister stressed the importance of strengthening revenue management, especially from e-commerce and food services. - Bloomberg

HANOI: Prime Minister Phạm Minh Chính has stressed that the new US tariff policies present an opportunity for Vietnam to restructure its economy, markets, production and exports, calling for calm, proactive, creative, flexible, timely and effective responses to ensure stability as well as rapid and sustainable development.

At the government’s monthly meeting and online conference with local authorities on Sunday, PM Chính highlighted important areas with great performances in the first quarter and noted that multiple international organisations and experts have praised Vietnam’s economic results and prospects, with the World Bank forecasting Vietnam’s economic growth at 6.8 per cent in 2025 and the UN 6.6 per cent - the highest in South-East Asia.

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Vietnam , US , tariffs , growth target

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