VOV.VN - Amid shifting US tariff policies, it is crucial for Vietnamese businesses to grasp market trends and consumer demand in order to raise export turnover to this highly lucrative market.
Although intra-bloc tariffs have been almost eliminated, non-tariff barriers still increase costs and reduce the competitiveness of Vietnamese goods in the ASEAN market.
Experts gathered at a forum in Ho Chi Minh City on January 4 to seek ways for domestic firms to effectively exploit the US market as the two countries have upgraded their ties to a comprehensive strategic partnership.
The Ministry of Industry and Trade (MoIT) will strengthen efficiency in dealing with trade remedy cases at home and abroad in the second half of this year to protect the interests of Vietnam's manufacturing and exporting enterprises.
The Vietnamese Trade Office in Indonesia has been taking various measures to actively support Vietnamese enterprises in entering Indonesia, given that it is a protected market with many non-tariff barriers, according to Trade Counsellor Pham The Cuong.
VOV.VN - The enforcement of the Regional Comprehensive Economic Partnership (RCEP) on January 1, 2022, is anticipated to offer a wealth of fresh opportunities to businesses to penetrate a large market of 2.3 billion consumers and US$26.2 billion in global output, according to insiders.
VOV.VN - Vietnam should be striving to fine-tune the legal system in consistence with commitments set out in the EU-Vietnam Free Trade Agreement (EVFTA), reduce customs procedures and non-tariff barriers for imported goods to utilise benefits from the trade pact, according to industry insiders.
The UK-Vietnam Free Trade Agreement (UKVFTA) is expected to intensify economic cohesion and reciprocation between the two countries, thus deepening and elevating the bilateral strategic partnership, said a diplomat.
VOV.VN - Vietnam’s total export turnover during the past 11 months rose 5.5% to US$254.93 billion, with the US becoming Vietnam’s largest commodity consumer, according to the Ministry of Industry and Trade (MoIT).
The EU-Vietnam Free Trade Agreement (EVFTA), two months after taking effect, has brought back several opportunities for Vietnamese exporters, said Deputy Minister of Industry and Trade Tran Quoc Khanh at a conference held in Ho Chi Minh City on October 17.