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Vietnam is affected by USA trade policies but is not among the most heavily impacted countries in the 2025 global trade war.
Recently, the Ministry of Industry and Trade (MOIT) issued an official statement acknowledging that USA tariff policies influence global trade flows; however, their impact on Vietnam remains moderate. In response, MOIT has coordinated with relevant agencies to report to the government and plans to discuss solutions in March. Additionally, Vietnam’s trade offices worldwide, including in the USA, will continue monitoring and updating information.
Vietnam and the USA upgraded their relationship to a Comprehensive Strategic Partnership in September 2023. In 2023, the USA was Vietnam’s largest export market, with bilateral trade reaching nearly $150 billion. Vietnam has reaffirmed its commitment to maintaining balanced trade relations without policies that would harm USA interests.
On March 13, the Vietnam’s Minister of Industry and Trade is expected to meet with the USA Trade Representative to discuss bilateral trade relations. According to the Minister, the two economies are complementary, with Vietnamese goods primarily competing with third-country products, enabling USA consumers to access affordable goods. Vietnam also pursues a free trade policy, reducing MFN tariffs on various products to create advantages for USA businesses.
Currently, the USA ranks 11th in foreign direct investment (FDI) in Vietnam, with $11.94 billion. Vietnam remains committed to facilitating USA investment in key industries such as renewable energy, hydrogen, and nuclear power.
To protect their legitimate interests, related manufacturers and exporters should familiarize themselves with the procedure and actively contact Vietnamese law firms specializing in anti-dumping and trade remedy for timely assistance.
ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].
ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.
