With a view to increasing Vietnam’s exports to ASEAN, the Ministry of Industry and Trade has taken a new step to help enterprises boost their shipments to regional markets.
Prime Minister Nguyễn Xuân Phúc yesterday welcomed former US Secretary of State John Kerry who is on a working visit to Việt Nam.
Deputy Prime Minister Vương Đình Huệ said that international economic integration would be the focus of economic restructuring in 2018, requiring breakthroughs in negotiation, signing of free trade deals and improving the legal framework.
Minister of Industry and Trade Trần Tuấn Anh has approved a plan to develop Việt Nam’s maritime industry and trade until 2025, with a vision until 2035.
Thousands of goods items will enjoy a zero percent import tariff in 2018 in line with Vietnam’s commitments on special preferential import duty rates within the framework of 10 free trade agreements (FTA).
Vietnamese businesses’ expansion to the Middle East market is considered an important and long-term strategic direction amidst saturated traditional markets and decreased consumption.
The Vietnamese government has just issued ten decrees to implement Vietnam’s special preferential import tax commitments made in its free trade agreements with various partners.
The U.S. government's role as a leader of the international intellectual property system is under self-imposed threat.
The road map, beginning this year, will extend until 2022 for several goods and commodities for which the tariffs will undergo a gradual progression.
The Vietnamese economy in 2017 continued to thrive with many impressive economic achievements, creating an important premise for GDP expansion in 2018. However, the economy is anticipated to face a lot of difficulties in 2018, particularly challenges of international integration and the Industry 4.0, requiring full awareness and timely solutions from the Government, sectors and localities.
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