Hung Yen, June 2 -- Following the US's plan to impose reciprocal import tariffs of up to 46% on Vietnamese exports, many textile and garment enterprises in the northern province of Hung Yen have been closely monitoring negotiations between the Vietnamese and US governments, towards developing appropriate strategies for their production and business.

Taking advantage of the 90-day delay in the implementation, local textile and garment enterprises are accelerating exports to the US market. At the same time, they are actively negotiating with partners to share risks related to the current 10% tariff and potential tax issues after the 90-day period, aiming to manage production costs as efficiently as possible.

Hung Yen is currently home to ...