The 20% Tax – An Endurance Test for Vietnamese Businesses

For Vietnam, the 20% tariff is an endurance test for the economy. Businesses that proactively restructure and invest in operational excellence will get through it, and may even turn the challenge into an opportunity.

Since early 2025, the US administration has applied a tariff policy that has completely reshaped global trade: a 10% baseline import tariff on most partners, plus reciprocal tariffs ranging from 11% to 50% depending on the country. These are the highest tariff levels since World War II.