[News] Vietnam Cuts Import Tariffs on U.S. Goods to 0%: Wood, Automobiles, Technology… Who Benefits? | Singhang Logistics

Ho Chi Minh City, March 31, 2025 – Following reciprocal tariff negotiations with the U.S., Vietnam has officially committed to applying a 0% import tariff (zero tariff) on a wide range of American goods under Decree 73/2025, issued on March 31, 2025. This decision provides a strong boost to the domestic market, while also creating both opportunities and challenges for local enterprises.

U.S. Product Categories Granted “Zero Tariff” Access

1. Wood and Wood Products

From hangers, spools, chairs to wooden furniture, U.S. products previously taxed at 20–25% now enjoy a 0% tariff. The Ho Chi Minh City Handicraft and Wood Industry Association (HAWA) called this a “fast, positive move” that offers dual benefits: cheaper U.S. raw material imports and reduced risk of retaliatory tariffs from the U.S.

2. Completely Built-Up Automobiles (CBUs)

Under Decree 73, American cars – including sedans, SUVs and large-capacity EVs – previously subject to Most-Favored-Nation (MFN) tariffs of 45–64% now face a 0% rate. 32%. This also extends to future reciprocal partners, making U.S. brands like Tesla and Rivian increasingly attractive.

3. High-Tech and Electronics

Servers, chips, and premium computers from Apple, HP, Dell and others now qualify for zero tariffs. Vietnamese consumers can access cutting-edge technology at better prices, though domestic OEMs will face heavy competition.

4. Agricultural & Processed Foods

Beef, frozen chicken, corn, soybeans, dairy, and nuts such as almonds – previously taxed up to 20% – now benefit from zero tariffs, offering consumers more choice at lower costs.

5. Consumer Goods & E-Commerce

With imports from Amazon and Walmart enjoying a 0% tariff, U.S. consumer goods are set to penetrate deeper into Vietnam’s retail channels.

Tax Negotiations & Policy Context

Vietnam adjusted MFN tariffs downward to avoid punitive tariffs from the U.S. under the so-called “Liberation Day Tariffs.”

• The U.S. previously imposed a 46% “reciprocal tariff” on partners, including Vietnam. After negotiations, tariffs on U.S. goods in Vietnam dropped to 0%.

• Meanwhile, U.S. tariffs on Vietnamese goods remain at 20%, with a 40% penalty if products are “transshipped” via Vietnam.

This move has also raised concerns in China – a major source of raw materials for Vietnamese exports – since the U.S. is closely monitoring shipments with Chinese origins.

Opportunities & Challenges – A Sectoral View

Long-Term Outlook
Vietnamese firms will need to upgrade quality, technology and branding to survive intensifying competition. Consumers, however, will benefit immediately from better prices and product diversity.

Examples:

• Vietnam’s wood exports to the U.S. reached USD 9 billion, but local firms fear losing ground if cheap U.S. wood dominates.
• Automakers like Tesla, Rivian and Ford see a clearer path into the Vietnamese market under the new tariff regime. .
• Analysts warn that if Vietnam fails to adapt, it risks being hit with high U.S. tariffs in the future.

Conclusion

• The 0% tariff policy marks a turning point: an immediate win for consumers and importers, but a wake-up call for domestic firms.

• Unless Vietnamese companies innovate and strengthen their brands, they risk being crowded out in their home market.

• Vietnamese consumers are gaining access to better options in terms of both affordability and quality.

• In the long term, Vietnam needs to adopt comprehensive policies to support domestic enterprises—from workforce training and product quality enhancement to building internationally recognized brands.

Singhang Logistics – Partnering with Businesses Amid Market Transition

Against this backdrop, Singhang Logistics is committed to delivering end-to-end solutions:

• Multimodal logistics network (ocean – road – air), specializing in the transportation of timber, automobiles, machinery, and imported agricultural and seafood products.

• Cold storage and bonded warehouses meeting international standards, ensuring proper handling, storage, and distribution of U.S. imports.

• Electronic customs declaration support, enabling faster, more transparent, and simplified clearance procedures.

• Tracking and traceability systems, allowing enterprises to monitor shipments throughout the supply chain, in line with U.S. and EU market requirements.

• Advisory services on cost optimization and import procedures, helping businesses stay proactive under the new tariff regime while mitigating risks.

👉 Singhang Logistics – Your strategic partner to fully leverage the 0% tariff opportunity, expand U.S. import markets, and strengthen competitive advantage.

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