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| Processing seafood for export. Photo: Vietnam+ |
Vietnamese businesses are ready to seek American partners to buy American agricultural products with strengths such as animal feed ingredients, fertilizers, biological pesticides, meat products, cold-water seafood, and raw wood.
Strengthening the Comprehensive Strategic Partnership
The visit aims to strengthen bilateral trade relations and explore opportunities to increase imports of US agricultural, forestry and fishery products to balance the trade balance between the two countries.
Vietnamese businesses expect that in addition to purchasing goods, they will also receive the transfer of scientific and technological solutions to improve the agricultural value chain.
According to Minister Do Duc Duy, Vietnam and the US are both countries with strengths in agriculture but are complementary to each other and do not compete directly. “The most important thing is that with the participation of the two governments , Vietnamese and US agriculture is increasingly closely connected, sharing a common supply chain, thereby improving competitiveness and supporting the interests of producers and consumers in each country."
The Minister emphasized: “Vietnamese agricultural enterprises have been strongly joining hands with the Government to increase purchases of US agricultural, forestry and fishery products with strengths, harmonizing the bilateral trade balance, thereby closely linking the agricultural, forestry and fishery supply chains of the two countries, contributing to ensuring global food security.”
Previously, marking the first anniversary of the establishment of the Vietnam-US Comprehensive Strategic Partnership, the largest-ever delegation of US agricultural businesses visited Hanoi in September 2024.
The visit, led by Deputy Secretary of the US Department of Agriculture (USDA) Alexis Taylor, demonstrated the deep interest of US businesses in the Vietnamese market. The US delegation brought together representatives of 9 state governments, 35 businesses and 25 prominent industry associations.
In addition to increasing trade, the two countries also aim to develop inclusive and equitable societies, enhance resilience in rural areas, and transform production and sustainable energy. Notably, the initiative “International Year of Women Farmers 2026” was initiated by the US and Vietnam as a core group and was approved by the UN Resolution in May 2024.
Shortly thereafter, the Vietnamese Ministry of Agriculture and Environment, in close coordination with the US Mission to ASEAN and the USDA, organized a series of events to launch the initiative. The program brought two female farmers, Jennifer Schmidt and Jaclyn Wilson, to Southeast Asia to engage in dialogue with the women farming community, with Vietnam as the first stop.
Contribute positively to the global economy
Nowadays, American consumers prefer Vietnamese agricultural products, especially spices, fruits, seafood, and wooden furniture. Meanwhile, Vietnamese manufacturers increasingly need to import raw materials such as cornstarch, soybeans, meat products, milk, wood materials, farm equipment, seedlings, etc.
Vietnam has modern farmers who are constantly professionalizing and transforming production. Enterprises, cooperatives, and farmers with skills and knowledge are ready to receive advanced techniques from the US to increase production, ensure market supply while protecting the environment. High-quality raw materials and high scientific and technological content from the US can be leverage for Vietnam to develop competitive supply chains.
Vietnam’s agricultural sector has been proactively promoting strong cooperative relations with US partners at the federal, state, association and business levels. At the government level, many agreements have been signed between the Vietnamese Ministry of Agriculture and Environment and relevant agencies and US state governments.
At the association and enterprise level, since the beginning of 2020, there have been 18 memorandums of understanding between Vietnamese enterprises to purchase US agricultural, forestry and fishery products with a total value of 6 billion USD, of which 3 billion USD has been implemented.
In recent times, the Ministry of Agriculture and Environment has also created favorable conditions for US producers to penetrate the Vietnamese market. Vietnam has completed registration procedures for 509 enterprises producing meat and meat products and 232 enterprises exporting seafood to Vietnam.
To date, there are no pending cases. The two countries are also actively opening their bilateral fruit markets, creating conditions for fruit exporters and consumers to enjoy the delicious and unique flavors of tropical and temperate regions.
Vietnam is currently one of the first eight Asian countries to accept US biotech crop varieties and has so far approved all 61 registration applications from US businesses.
The two sides agreed on methods, processes, and procedures for animal and plant quarantine and food safety in a transparent and convenient manner, creating the best conditions for opening each other's agricultural, forestry and fishery markets. At the same time, Decree 73/2025/ND-CP issued on March 31, 2025 also reduced taxes to 0% for agricultural, forestry and fishery products with strong export potential from the US. As a result, each side's agricultural and forestry exports to each other's markets have increased steadily at a high rate: about 10% in the past 10 years.
Extensive and sustainable cooperation
The visit of the Vietnamese Ministry of Agriculture and Environment delegation to the US in June 2025 demonstrates Vietnam's goodwill to promote strategic partnership trust in the bilateral agricultural, forestry and fishery supply chain, thereby further nurturing the Comprehensive Strategic Partnership on the occasion of the 30th anniversary of the establishment of diplomatic relations between the two countries.
According to Dr. Nguyen Do Anh Tuan, Director of the Department of International Cooperation, Ministry of Agriculture and Environment of Vietnam, the Trump Administration's announcement of a 10% tax from April 2, 2025 and the possibility of a reciprocal tax of up to 46% from July 9, 2025 on Vietnamese exports to the US is causing deep concern not only for Vietnamese businesses but also for US businesses.
Mr. Tuan analyzed: “In addition to eroding profit margins, reducing the competitiveness of businesses on both sides, increasing the prices of essential agricultural, forestry and fishery products for American consumers, imposing too high reciprocal tariffs will cause disruptions in the agricultural, forestry and fishery supply chain that businesses and the governments of the two countries have worked hard to build in the past. It is also important to note that agricultural, forestry and fishery products are essential goods. The increase in prices of these products has a very adverse impact on the average consumer class in the US.”
Source: https://baophuyen.vn/kinh-te/202505/doan-cong-tac-cua-viet-nam-tim-hieu-co-hoi-xuc-tien-thuong-mai-tai-my-94018cc/
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