Group 1 - Vietnam is facing unprecedented trade challenges due to increased tariff pressures from the US and strong debt demands from the EU, leading to severe economic tests [1][3] - The trade relationship between the US and Vietnam has dramatically changed, with Vietnam required to reduce tariffs on US imports to nearly zero and facing potential punitive tariffs of up to 40% if its exports contain excessive Chinese components [3][5] - The EU has highlighted a trade deficit exceeding $50 billion with Vietnam, demanding the removal of non-tariff barriers on agricultural products, pharmaceuticals, and automobiles, which exposes Vietnam's passive position in international trade [3][5] Group 2 - Vietnam's economic structure heavily relies on export trade, with nearly 30% of its total exports going to the US, making it vulnerable to systemic risks from changes in trade partner policies [5] - In response to the crisis, the Vietnamese government is taking urgent actions to promote exports and explore new markets, signaling a strategic shift to reduce dependence on a single market [5] - Despite efforts to negotiate free trade agreements with emerging markets in the Middle East, Africa, and Latin America, these markets do not match the scale and consumption capacity of traditional markets, leaving Vietnam's economy still reliant on established markets [5]