World

Latin American media praises Vietnam’s response to US tariff policy

Latin American news agency Prensa Latina reported that various Vietnamese industry associations view the US as a crucial market, necessitating a comprehensive evaluation of the new tariff policy’s impact.

A screenshot of the Prensa Latina article on the Southeast Asian nation’s flexible approach to US tariffs.
A screenshot of the Prensa Latina article on the Southeast Asian nation’s flexible approach to US tariffs.

Havana (VNA) – Latin American news agency Prensa Latina has highlighted Vietnam’s approach in addressing the latest US tariff policy as flexible, intelligent, pragmatic, and creative.

In an article on the Southeast Asian nation’s flexible approach to US tariffs, the news agency mentioned Prime Minister Pham Minh Chinh’s directive during the April 7 Government meeting. It noted that the Vietnamese leader stressed the need to adopt the most effective solution that can balance the interests of both nations while safeguarding Vietnam’s independence, sovereignty, and global standing. He also affirmed that while exports remain a key driver of growth, they are not the sole economic pillar.

The article said Vietnam’s strategy prioritises dialogue and negotiation over confrontation, without causing tensions and further complicating the matter. The Vietnamese business community welcomed the Government’s swift response to mitigate the impact of the tariff decision, which has sent ripples through global markets. A series of mitigation measures have already been carried out by the Government and enterprises.

In a separate article published on April 9 regarding businesses’ assessment of Vietnam’s response, Prensa Latina quoted Nguyen Ngoc Hoa, Chairman of Ho Chi Minh City Union of Business Association, who underscored the importance of negotiations to secure the most favourable conditions.

The news agency further reported that various Vietnamese industry associations view the US as a crucial market, necessitating a comprehensive evaluation of the new tariff policy’s impact. The Vietnamese Government, ministries, and local authorities should devise sector-specific solutions. Simultaneously, businesses are urged to explore alternative export markets and strengthen domestic consumption, seizing this challenge as an opportunity to restructure and enhance Vietnam’s global trade position./.

VNA
#Vietnam’s response to US tariff policy #Prensa Latina Vietnam
Follow VietnamPlus

Related News

The article on human rights in Vietnam published by Prensa Latina (Screenshot photo)

Prensa Latina spotlights facts about human rights in Vietnam

The Latin American News Agency Prensa Latina recently ran an article titled "Derechos humanos en Vietnam: hechos, más que palabras" (Human rights in Vietnam: facts, more than words), highlighting Vietnam’s achievements in promoting human rights.

Deputy Prime Minister Ho Duc Phoc (R) and US Trade Representative Jamieson Greer. (Photo: VNA)

Vietnam, US to negotiate reciprocal trade agreement

US Trade Representative Jamieson Greer said the reciprocal trade agreement should include arrangements on tariffs and proposed that technical-level representatives from both countries start discussions immediately.

See more

A pepresentatives of UXO Lao programme briefs on mine survey and clearance in Luang Prabang province (Photo: VNA)

International delegates inspect UXO clearance efforts in Laos

To realise the Convention on Cluster Munitions’s goals, the Lao Government has incorporated all international targets into its “Safe Path Forward III 2021–2030” national strategy and stayed committed to its national Sustainable Development Goal 18 – “Lives Safe from UXO”.

The forum on ASEAN's role in the Indo-Pacific region and prospects for cooperation with Argentina takes place on September 10 (Photo: VNA)

ASEAN highlights its central role in Indo-Pacific

The Ambassador of Indonesia, the country holding the rotating chairmanship of ASEAN in Argentina, stressed that maintaining peace and stability, along with an open, transparent regional environment based on mutual respect, are fundamental conditions for a peaceful, inclusive, and prosperous Indo-Pacific.

A street in Bangkok, Thailand. (Illustrative photo: Xinhua/VNA)

Thailand’s business activity shows signs of gradual recovery

As of August 31, Thailand had more than 1 million active legal entities with total registered capital of 24.13 trillion THB. The service sector accounted for the largest share, with 552,830 entities, or 54.48%, followed by wholesale and retail with 332,791 entities (32.79%) and manufacturing with 129,215 (12.73%).

Prime Minister Hun Manet (front row, centre) and Labour and Vocational Training Minister Heng Sour (front row, right) visit a garment factory in Preah Sihanouk province. MLVT (Photo: khmertimeskh.com)

Cambodia records 7,458 more enterprises in three years

A Cambodian official said that the growth should not be assessed solely by the number of newly established enterprises and facilities, but also by their contributions to investment, production, job creation and household incomes.

The ASEAN Senior Officials’ Meeting (SOM) convenes in Manila, the Philippines, on September 9. The Vietnamese delegation is led by Deputy Minister of Foreign Affairs Dang Hoang Giang (fifth, left), head of the ASEAN-Vietnam SOM.(Photo: asean.org)

Vietnam calls for stronger ASEAN unity, resilience

Deputy Minister of Foreign Affairs Dang Hoang Giang urged ASEAN to make full use of existing mechanisms to enhance dialogue, build trust and prevent risks and conflicts, particularly by strengthening the Treaty of Amity and Cooperation in Southeast Asia (TAC), the Southeast Asia Nuclear Weapon-Free Zone Treaty (SEANWFZ), and cooperation based on international law.

Timor-Leste President Jose Ramos-Horta (Photo: VNA)

Timor-Leste diversifies economy, seeks to attract investment

The President noted Timor-Leste is pursuing sustainable development, stronger regional connectivity and expanded international cooperation while seeking investment opportunities in energy, tourism and emerging economic sectors to reduce its dependence on oil and gas revenues.

Minister Counsellor Nguyen Hai Luu, Deputy Permanent Representative of Vietnam to the UN (Photo published by VNA)

Vietnam cooperates with UN to advance gender equality

Minister Counsellor Nguyen Hai Luu highlighted Vietnam’s positive achievements in promoting gender equality, noting that 13 of the 20 targets under the national strategy on gender equality had been met or exceeded by 2025.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam meets with Russian President Vladimir Putin in Moscow on September 9, 2026. (Photo: VNA)

Russian public, experts praise top Vietnamese leader’s visit

Positive reactions to General Secretary and President To Lam’s visit have reaffirmed Vietnam’s steady foreign policy amid global changes, while highlighting the enduring trust and friendship between Vietnam and Russia, which are working together to create new breakthroughs in bilateral cooperation.