Việt Nam must become a factory for the world and foster a good investment environment for all economic sectors in order to develop production and boost growth. This statement was made by Prime Minister Nguyễn Xuân Phúc at a meeting of the Ministry of Industry and Trade held in Hà Nội on Thursday.
Prime Minister Nguyen Xuan Phuc hosted separate receptions in Hanoi on January 15 for President and Chief Executive Officer of Japan’s Mitsui Tatsuo Yasunaga and Executive Vice President and Chief Operating Officer of Honda Motor Seiji Kuraishi.
Chairwoman of the National Assembly Nguyen Thi Kim Ngan has called on member parliaments of the Asia Pacific Parliamentary Forum APPF to continue with their comprehensive and close cooperation in all spheres to ensure the effective operation of the forum.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has recently taken effect in Vietnam, which will bring about both opportunities and challenges for many fields, including agriculture.
Steel, fiber, household-use products and electronics in Vietnam are vulnerable to anti-dumping and anti-countervailing duties imposed by other countries.
The main beneficiaries of the CPTPP tariff rate reductions for beef will be Canada and Mexico, which will see Vietnam's import duties on boneless beef decline from 15% to 5% initially, then drop to zero in 2020.
Today the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, CPTPP, enters into force in Vietnam after going live on December 30, 2018 for six Pacific Basin countries, including Australia, Canada, Japan, Mexico, New Zealand and Singapore.
The business community wants stronger reform efforts at local levels, according to a recent survey conducted by the Vietnam Chamber of Commerce and Industry (VCCI).
Although import tariffs of automobiles from countries in the ASEAN had been cut to zero percent and the number of imported automobiles as well as domestically-assembled ones has seen good growth, there is still scarcity in automobiles supply, causing an increase in prices, especially of hot models.
Việt Nam’s economic growth could reach 6.9 per cent in 2019, an increase of 0.1 per cent compared to the 2019 socio-economic development plan adopted by the National Assembly, in the context that Việt Nam is benefiting from the US-China trade war.
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