Keyword: "US’s new tariff rates"

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Workers produce leather shoes for export at Lefaso Tra Vinh Investment and Production Joint Stock Company in Tra Cu commune, Vinh Long province. (Photo: VNA)

Vietnamese exporters pivot to ease pressure from US tariffs

Pressure from the new US tariff policy is prompting Vietnamese exporters to reassess their strategies. Rather than pursuing volume-driven growth, many are shifting towards higher-value orders, tighter cost control, greater productivity and a more balanced allocation of markets to reduce reliance on a single destination.