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) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
(seafood.vasep.com.vn) China imported nearly $1.4 billion worth of Vietnamese seafood in the first half of the year, a 40% increase compared to the same period last year, surpassing the US to become the largest export market for the industry.
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