The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed.
The sky is bright for Vietnam’s economy but the country urgently needs to work on underlying issues like low productivity and poor infrastructure.
With the heads of 10 Asean countries participating in India’s Republic Day celebrations as chief guests later this month, Commerce Ministry officials fear more political pressure from the bloc on India to remove all import tariffs as part of the Regional Comprehensive Economic Partnership (RCEP) pact being negotiated.
Britain is reportedly exploring joining the Trans Pacific-Partnership (TPP), as part of efforts to map out its trade future after Brexit.
The import tax for cars imported from ASEAN has been slashed to 0% from January 1, 2018, which is expected to raise the country’s car ownership rate which remains low compared to regional averages.
International media have run articles highlighting that the year 2017 marked Vietnam’s rapid economic growth.
The receiving of reflection on law compliance is a solution to develop Customs-business partnership, thereby enhancing responsibility and duty of both Customs and business in implementing Customs policies and laws.
In 2017, the Customs has deployed many solutions to develop the Customs- Business partnership, in which the solutions to assist law enforcement are deployed with many effective and diversified methods such as issuing leaflets, organizing dialogues, receiving and solving obstacles, training businesses and deploying public service.
A Ministry of Construction circular requiring state-funded construction projects to use eco-friendly building materials is expected to lure foreign investors into this sector, bringing with them equipment and products new to the market. Nguyen Dat reports.Tran Quoc Thai, a Ministry of Construction official, has just returned to Vietnam from a working trip in Europe, where he met with several French firms eyeing opportunities to establish new companies or sell eco-friendly building materials in Vietnam.
Firms from Vietnam and South Korea are benefiting from tariff slashes under the Korea-Vietnam Free Trade Agreement and other trade pacts by boosting their trade co-operation, with the two countries raising their bilateral trade turnover by 40 per cent by 2020.
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