EU's Sefcovic postpones Vietnam visit amid tariff crisis - Headlines news and analysis from Global Banking & Finance Review
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EU's Sefcovic postpones Vietnam visit amid tariff crisis

Published by Global Banking & Finance Review

Posted on April 9, 2025

1 min read

· Last updated: April 9, 2025

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EU's Sefcovic Delays Vietnam Trip Amid Global Tariff Crisis

HANOI (Reuters) - European trade commissioner Maros Sefcovic has postponed a planned trip to Vietnam this week due to "the latest international developments," the EU delegation in Hanoi said.

Sefcovic was due to arrive in Vietnam on Thursday and attend a press event on Friday organised by the European chamber of commerce, invitations sent by the organisers showed.

"Considering the latest international developments, the commissioner will come at a later stage, probably July," the EU delegation said in a statement to Reuters, referring to wide-ranging global tariffs imposed by the United States last week and due to take effect on Wednesday.

The EU's interest in improving trade flows with Vietnam remains unchanged, the delegation noted. The EU and Vietnam signed a free trade deal in 2019.

Separately on Wednesday, Spain's Prime Minister Pedro Sanchez met Vietnamese leaders in Hanoi as part of a two-country trip to East Asia that will end in Beijing on Friday.

(Reporting by Francesco Guarascio; Editing by Martin Petty)

Key Takeaways

  • EU trade commissioner postpones Vietnam visit.
  • Global tariffs by the US prompt schedule change.
  • EU remains committed to Vietnam trade relations.
  • Maros Sefcovic's visit rescheduled to July.
  • Spain's Prime Minister visits Vietnam.

Frequently Asked Questions

What is the main topic?
The main topic is the postponement of EU trade commissioner Maros Sefcovic's visit to Vietnam due to global tariff issues.
Why was the visit postponed?
The visit was postponed due to the latest international developments, specifically global tariffs imposed by the United States.
Is the EU still interested in Vietnam trade?
Yes, the EU's interest in improving trade flows with Vietnam remains unchanged.

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