Tag: VN import

Sourcing from Vietnam has become a strategic choice for many businesses looking to navigate the challenges of tariff volatility. As global trade dynamics shift, companies are increasingly seeking reliable suppliers that can provide quality products at competitive prices. This article explores the intricacies of tariff volatility, the reasons businesses are turning to Vietnam, risk mitigation strategies, and practical steps to begin sourcing effectively. Understanding Tariff Volatility Sourcing from Vietnam offers a strategic advantage in the face of tariff volatility, which […]

Customs procedures are essential processes that govern the legal importation of goods into a country. Understanding these procedures is crucial for businesses looking to import goods from Vietnam, a rapidly growing trade partner. This guide will provide you with a comprehensive overview of customs procedures, including preparation steps, general processes, duties and taxes, challenges, and frequently asked questions. What are Customs Procedures? Customs procedures refer to the laws and regulations that govern the import and export of goods across international […]

On May 12, 2025, the US-China Tariff Agreement was announced, marking a pivotal moment in the ongoing trade tensions between the two largest economies in the world. This agreement, often referred to as the US-China Tariff Truce, aims to ease the burden of reciprocal tariffs that had escalated dramatically over the preceding months. As global markets reacted positively, the long-term implications of this deal remain a critical topic for investors, policymakers, and economists alike. Background of the US-China Trade War […]

In the ever-evolving landscape of global trade, U.S. reciprocal tariffs have emerged as a pivotal factor influencing international markets. As the United States engages in trade disputes, particularly with China, these tariffs have reshaped supply chains and created a myriad of challenges and opportunities. For Vietnam, this new environment presents a unique chance to position itself as a key player in global manufacturing. This article explores the context, opportunities, challenges, and strategic responses of Vietnam in light of U.S. reciprocal […]

New tariffs on Vietnam have taken center stage in global trade discussions as of April 9, 2025, with President Donald Trump implementing a sweeping 46% tariff on all Vietnamese imports into the United States. This bold move, effective today, marks a significant escalation in the U.S.’s protectionist trade policy under Trump’s “America First” doctrine. Aimed at addressing a $123 billion trade deficit with Vietnam in 2024, these new tariffs on Vietnam are part of a broader reciprocal tariff strategy targeting […]

Shipping from Vietnam to the US is a vital aspect of international trade, facilitating the exchange of goods between these two significant markets. As Vietnam continues to grow as a manufacturing hub, understanding the logistics, costs, and requirements of shipping goods to the US is crucial for businesses and exporters. This article will provide a comprehensive overview of shipping from Vietnam to the US in 2025, covering key aspects such as sea freight options, delivery times, customs requirements, and the […]

Vietnam’s Free Trade Agreements (FTAs) are pivotal in shaping the country’s economic landscape. These agreements facilitate trade, enhance market access, and promote economic growth by reducing tariffs and barriers to trade. As Vietnam continues to integrate into the global economy, understanding its FTAs is essential for businesses and investors looking to capitalize on new opportunities. What is Free Trade Agreements? Free Trade Agreements (FTAs) are arrangements between two or more countries designed to promote trade by reducing or eliminating tariffs, […]

In the complex world of international trade, tariffs play a crucial role in shaping economic relationships between countries. This comprehensive guide delves deep into the intricate landscape of trade barriers, with a specific focus on Vietnam’s position in global trade, particularly in relation to the United States. The Tariff Landscape: An Overview of Trump-Era Trade Policies and Vietnam’s Impact Tariffs have been a pivotal economic tool that can dramatically reshape international trade dynamics. During the Trump administration, trade policy underwent […]

Vietnam’s economy is rapidly evolving, projected to rank among the top 15 largest economies in Asia, with an impressive GDP of approximately 506 billion USD. This significant growth is a testament to the country’s robust economic policies and strategic investments, rising from 433 billion USD in 2023 (34th position globally) and 346 billion USD in 2020 (37th position). These assessments are based on reliable data from the International Monetary Fund (IMF) and reflect the optimism surrounding Vietnam’s economic trajectory, with […]

The logistics industry in Vietnam is poised for significant advancements and transformations in the coming years, particularly in 2025. This sector has emerged as a key economic driver, contributing substantially to the nation’s growth and global trade engagement. As infrastructure improves and technology advances, Vietnam is set to become a regional logistics hub, attracting more investment and enhancing its competitiveness on the global stage. This evolution will not only boost the economy but also create numerous job opportunities, fostering sustainable […]