Topic: trade

While many are perfectly reasonable, non-tariff barriers continue to pose issues for investors and exporters of all nationalities

Accoriding to experts, non-tariff barriers continue to hinder trade and investment flows in ASEAN.

Vietnam’s total trade value with other ASEAN member States reached $38 billion in January-May this year.

The event took place as part of Lithuanian President Gitanas Nauséda’s official visit to Vietnam.

The early start of negotiations signals that Vietnam is among a group of countries prioritized by the U.S

The early start of negotiations signals that Vietnam is among a group of countries prioritized by the U.S

The result recorded in the first half of April brought the country’s total import - export turnover to US$237.97 billion as of April 15, up 16.5% year on year.

Vietnam's government is serious about taking proactive steps to demonstrate a real commitment to addressing the trade imbalance while solving burdens and barriers faced by American companies and investors, according to an AmCham representative.

Of the Q1 trade turnover, exports reached $102.84 billion, up 10.6 per cent year-on-year.

Notable adjustments include a reduction in the preferential import tax rate for automobiles under HS codes 8703.23.63 and 8703.23.57, from 64% to 50%.