A wide range of US agricultural products will soon enter the Vietnamese market at more competitive prices, following a significant reduction in import tariffs which took effect on March 31, 2025. Under Decree No. 73/2025/ND-CP, issued by the Government, Vietnam lowered import duties on various essential goods, mainly agricultural products, automobiles, and input materials for key industries. The Ministry of Finance confirmed that the adjustment reflects Vietnam’s strategy to promote trade liberalisation with key partners, especially the United States, and support domestic consumption. Accordingly, the tariff cut is from 20% to 15% for frozen chicken thighs, while the import tax drops from a range of 8-12% to 5% for unshelled pistachios, almonds, fresh apples, cherries and raisins. The import tariffs of corn for animal feed and soybean meal are reduced from 1-2% to zero. The reduction is expected to enhance consumer access to imported goods and reduce input costs for sectors such as livestock farming, which relies heavily on imported corn and soybean by-products. The decree also applies to non-agricultural goods. Notable changes include cars with codes of HS 8703.23.63 and 8703.23.57 having a tariff cut from 64% to 50%, and autos with HS 8703.24.51 code enjoying new rate dropping from 45% to 32%. The import tariffs also slide from 10% to 5% for ethanol and from 5% to 2% for liquefied natural gas (LNG). Notably, the tariffs drop to zero from 20-25% for wood products under 44.21, 94.01 and 94.03 groups. The US is one of the major suppliers of agricultural goods to Vietnam. In 2024, the exports of US agricultural products, primarily cotton, soybeans and tree nuts, reached 3.4 billion USD, accounting for over a quarter of total US exports to Vietnam. According to economist Dinh Trong Thinh, the tariff cuts will stimulate import turnover and give consumers more affordable options. Essential goods will reach the consumers more quickly and at better prices. The livestock sector, in particular, stands to benefit from the 0% tax on corn imports. Vietnam currently imports nearly all corn volume for animal feed, with a value of 3.04 billion USD in 2024 - a 6.1% rise from 2023. Meanwhile, according to US fruit exporters, despite growing demand in Vietnam for products such as apples, grapes, cherries and oranges, the high tariffs have limited their market access in this Asian country. In 2024, Vietnam imported nearly 550 million USD worth of US fruits and vegetables, a 64% increase from the previous year. At present, Vietnam and the US are also negotiating to open the market to more American fruits, including tangerines, lemons and plums. The tariff reductions come amid efforts to address trade imbalances. Experts say the policy will help diversify Vietnam’s import goods and enhance its trade relationship with the US./.
Source: VietnamPlus
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
(seafood.vasep.com.vn) For many years, Vietnam’s seafood industry has been recognized as one of the country’s key export pillars. Products such as shrimp, pangasius, tuna, squid, octopus, and a wide range of other seafood have reached hundreds of markets worldwide. Yet behind these impressive export figures lies a significant challenge: a substantial share of Vietnam’s seafood export value still comes from minimally processed products, contract manufacturing, and raw material exports—segments characterized by low profit margins and high vulnerability to fluctuations in global prices.
(seafood.vasep.com.vn) In the context of a global economy shifting powerfully toward green and sustainable values, Vietfish 2026 is far more than just a commercial trade fair. It has become a strategic rendezvous and a "comprehensive ecosystem"—a convergence of value, knowledge, and sustainable growth opportunities for the entire industry chain.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to Colombia continued their strong upward momentum in May 2026. Export value to the market reached USD 4 million, up 24% compared to the same month in 2025. Cumulative exports in the first five months of 2026 totaled USD 24 million, an impressive 48% increase year-on-year.
(seafood.vasep.com.vn) Hai Phong's aquaculture sector is accelerating the adoption of high technologies in aquaculture to adapt to climate change, with red tilapia and tilapia identified as the key cultured species for priority development.
(vasep.com.vn) Vietnam’s seafood exports reached nearly US$1.1 billion in June 2026, up 21.0% year-on-year. Cumulative exports in the first half of 2026 totaled nearly US$5.8 billion, representing a 12.8% increase compared with the same period last year. Exports to China and Hong Kong continued to accelerate, while shipments to the United States rebounded strongly in June. In contrast, exports to the EU, Japan, and the Middle East remained sluggish or recorded slight declines.
(vasep.com.vn) Tilapia is playing an increasingly important role in Vietnam’s aquaculture sector, driven not only by growing market opportunities but also by its ability to meet increasingly stringent requirements on quality, food safety, and traceability. In practice, tilapia farming in Vietnam is not a spontaneous or loosely regulated activity; rather, it operates under a comprehensive legal and technical framework covering the entire value chain—from hatcheries and farming to processing and exports.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 1.9 billion in the first five months of 2026, up 12% compared with the same period last year. Amid continued volatility in the global seafood market, this result demonstrates that the shrimp sector has maintained positive growth momentum, supported by improving demand in several Asian markets, particularly China.
(seafood.vasep.com.vn) On June 16, the Department of Agriculture and Environment of Ca Mau Province announced that the locality has established a farming area code for nearly 30,400 hectares of mud crab aquaculture and granted export facility codes to five enterprises eligible to export mud crab officially to markets such as China, Cambodia, Singapore, and the United Arab Emirates (UAE).
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