Vietnam PM calls for flexible response to US tariffs

Foreign trade: Pham at his office in Hanoi. The Vietnamese Prime Minister said the government should remain steadfast in pursuing its goals with greater determination and effort, and be more decisive, flexible and effective. — AP

HANOI: Prime Minister Pham Minh Chinh says that the United States’ new 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, Pham said multiple international organisations and experts praised Vietnam’s first quarter economic results and prospects.