Vietnam PM calls for flexible  response to US tariffs

Quick Summary:

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.

He said the World Bank forecast Vietnam’s economic growth at 6.8% in 2025 and the United Nations 6.6%, the highest in South-East Asia.

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.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaUnited StatesVietnam

Topics: Response Tariffs /Business/Business News Export Economy Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 00:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 860 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27691662

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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