US reciprocal tariffs spark supply chain concerns

US reciprocal tariffs spark supply chain concerns

A leader of the Vietnam Leather, Footwear and Handbag Association (Lefaso) highlighted that a 46% tariff would severely affect an industry employing over 1.2 million workers, 90% of whom are women.

Agricultural exports: US becomes Vietnam's biggest consumer

With export turnover of 2.3 billion USD, the US surpassed China to become the largest consumer of Vietnamese agricultural products in the first two months of 2022.

Agricultural exports set to reach 50 billion USD by 2025

The Ministry of Agriculture and Rural Development sets a target that by 2025, the export value of agriculture, forestry, and fishery products of Vietnam will reach about 50 – 51 billion USD by 2025 and increase to 60 – 62 billion USD by 2030.
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