US Commerce Department will not slap antidumping duty on Vietnam auto tires
A zero percent antidumping rate plays an important role in the local tyre production, which is facing fierce competition from imported products of Thailand and China.
A zero percent antidumping rate plays an important role in the local tyre production, which is facing fierce competition from imported products of Thailand and China.
Vietnam is an important partner for US in ASEAN as well as a growing market for American exports and increasingly an important part of global supply chains for American companies, said the Chairman of the US-ASEAN Business Council.
Vietnam is the fastest-growing nation brand in 2020’s ranking.
The two leaders agree that a strong bilateral relation will bring benefits to businesses and people of the two countries.
Collective economy is an inevitable trend during Vietnam’s efforts for global integration, Prime Minister Nguyen Xuan Phuc has said.
In total, Vietnamese enterprises exported over 1.3 billion medical face masks in the first 11 months of 2020.
In case the US unilaterally accelerates the process of imposing more tariffs on Vietnamese exports, this will no doubt cause negative impacts not only on bilateral trading activities, but also the two countries’ relations.
Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.
Given uncertainties surrounding the US – China relations and the serious Covid-19 situations globally, Vietnam has become a logical choice in the eyes of investors.
PM Nguyen Xuan Phuc assigned related ministries and agencies to continue working with their US counterparts on maintaining strong bilateral relations that would bring mutual benefits for the people and enterprises from two countries.