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Vietnamese government asks US to temporarily suspend reciprocal tariffs for negotiations

The Vietnamese government has asked the US to temporarily suspend reciprocal tariffs on Vietnamese goods for 1-3 months to allow for negotiations.

Báo Thanh niênBáo Thanh niên04/04/2025


On the afternoon of April 4, Deputy Prime Minister Ho Duc Phoc, along with ministries, branches, diplomatic agencies, and associations of wood and forestry products; Vietnamese seafood processing and exporting, pepper and spices; Vietnamese electronics enterprises; steel; textiles; plastics; Samsung Vietnam, SOVICO Group... discussed solutions to handle the issue of reciprocal taxes from the US.

The Vietnamese government has asked the US to temporarily suspend reciprocal tariffs for negotiations - Photo 1.

Deputy Prime Minister Ho Duc Phoc said the Government proposed that the US side temporarily postpone the imposition of tariffs for 1-3 months to negotiate.

PHOTO: VGP

According to the Deputy Prime Minister, Vietnamese and American goods do not compete with each other but complement each other. In recent times, Vietnam has proactively reviewed and reduced many taxes, improved the investment environment, and created favorable conditions for businesses to operate, to promote effective and sustainable production and business.

Mr. Dinh Viet Phuong, CEO of Vietjet (SOVICO Group) said that in 2025, the group will receive 10 Boeing aircraft worth 1.8 billion USD. The total contracts from the US this year are about 2.2 billion USD…

Associations of agricultural, forestry, fishery and footwear industries also said that Vietnamese goods exported to the US are not only products that meet increasingly high standards and have comparative advantages, but also complement the economy and benefit consumers in this country.

Exporting goods from Vietnam to the US is mutually beneficial; businesses and associations affirm their willingness to increase imports of products from the US. At the same time, they can provide evidence to prove origin and capacity to serve the negotiation process and "by all means, we must maintain this market".

In particular, sharing opinions, representatives of the American Chamber of Commerce in Vietnam and representatives of the US-ASEAN Business Council highly appreciated Vietnam's timely and harmonious response to the US's imposition of tariffs.

Vietnam will increase purchases of raw materials and equipment from the US.

Concluding the meeting, Deputy Prime Minister Ho Duc Phoc emphasized that Vietnam is always proactive, receptive, and strongly coordinates with the US to negotiate fair tariffs; combat the problem of goods transit, and promote two-way trade in a mutually beneficial manner.

For example, the Vietnamese Government recently issued Decree No. 73/2025/ND-CP, which reduced many tax lines on goods imported from the US to Vietnam.

In addition, Vietnam has been promoting contracts to purchase goods from the US (aircraft, LNG, etc.), creating favorable conditions for US businesses to invest, produce and do business in Vietnam. In the coming time, the Vietnamese Government will continue to promote solutions to increase the purchase of raw materials and equipment from the US.

Affirming the goodwill of negotiations to soon find a common voice, the Deputy Prime Minister stated: The Vietnamese Government proposed that the US consider temporarily postponing the imposition of tariffs for 1-3 months to negotiate, aiming to ensure tax fairness.

Vietnam will also implement solutions to increase the import of goods originating from the US; wishes to promote cooperation with the US in the fields of science and technology development, digital transformation, etc.

He also asked Vietnamese enterprises exporting to the US market to maintain prices while waiting for the negotiation results; at the same time, proactively deploy appropriate and effective solutions to "keep the market" in the US.

At the same time, the American Chamber of Commerce in the US and the US-ASEAN Business Council are requested to convey the message of goodwill from the Vietnamese Government and business community to the Trump Administration so that negotiations can be effective and achieve good results, contributing to promoting the Comprehensive Strategic Partnership between the two countries.

Thanhnien.vn

Source: https://thanhnien.vn/chinh-phu-viet-nam-de-nghi-my-tam-hoan-ap-thue-doi-ung-de-dam-phan-185250404190405365.htm


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