Vietnam to push for trade and industrial cooperation with American partners
Despite the severe Covid-19 impacts, trade revenue between Vietnam and the region rose 11.8% year-on-year in the first eight months this year to US$69.3 billion.
Despite the severe Covid-19 impacts, trade revenue between Vietnam and the region rose 11.8% year-on-year in the first eight months this year to US$69.3 billion.
Benefits from FTAs have not brought along breakthrough changes for Vietnam, as most partners have similar economic structure, or even directly compete with Vietnam.
The proposed tariff cut is aimed to balance bilateral trade relations.