EVFTA – for a mutual future beyond tariff elimination

EVFTA – for a mutual future beyond tariff elimination 3

In the context of still depressed global trade, the long-awaited EU-Vietnam Free Trade Agreement (EVFTA) has come into force in August 2020. A bit of light in these dark times, this FTA offers significant benefits to Vietnam in the years to come.
Vietnamese leather and footwear sector yearns for EVFTA incentives

Vietnamese leather and footwear sector yearns for EVFTA incentives 1

Businesses in the leather and footwear industry await the ratification of the EVFTA to cash in on the enormous tax incentives coming with the landmark deal.
US suspends tariff privileges on over 500 Thai products

US suspends tariff privileges on over 500 Thai products

The United States suspended tariff privileges under the Generalised System of Preferences (GSP) on 573 Thai products from April 25 as originally scheduled.
US, China set to sign vital trade truce

US, China set to sign vital trade truce

The world's two dominant economic powers, the United States and China, are poised to sign a trade truce Wednesday (Jan 15) that will allow businesses around the globe to breathe a sigh of relief.
US-China tension hampers prospects of HSG

US-China tension hampers prospects of HSG

The heavy US tariffs on local steel products may be encouragement for local giant Hoa Sen Group's (HSG) conservative 11 per cent profit growth target.
US trade negotiators to return to China next week

US trade negotiators to return to China next week

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will return to Beijing next week as the United States and China inch toward resolving their trade war, a senior administration official told AFP on Tuesday (Mar 19).
European stocks rise as US-China trade talks loom

European stocks rise as US-China trade talks loom

LONDON: European stock markets closed higher on Monday (Feb 11) as US and Chinese officials in Beijing geared up for crunch trade talks aimed at averting fresh tariff escalations that have triggered fears of a global economic slowdown.
US-China summit ends with signals of progress in defusing trade war

US-China summit ends with signals of progress in defusing trade war

U.S. President Donald Trump and Chinese President Xi Jinping held high-stakes trade talks in Argentina on Saturday, and both sides signaled they made progress toward defusing a damaging tariffs war between the world's two largest economies.
Minh Phu attempts to rise

Minh Phu attempts to rise

Minh Phu is making attempts to expand in the US, but investors call on the company to keep an eye on short-term benefits too.
US sets new trade talks with EU, Japan, Britain

US sets new trade talks with EU, Japan, Britain

US Trade Representative Robert Lighthizer said the administration notified Congress of its intent to negotiate the three separate trade agreements.
Ford executive says may boost production in China to avoid tariffs

Ford executive says may boost production in China to avoid tariffs

Ford is looking at speeding up plans to build more Lincoln models in Chinese plants amid the growing trade war with the United States that has made US exports less attractive, a senior executive said on Monday (Sep 24).
As new tariffs hit, US, China seek to avert more economic damage

As new tariffs hit, US, China seek to avert more economic damage

Thousands of American and Chinese products became 25 per cent more expensive overnight, but talks are underway on Thursday (Aug 23) to try to avert more economic damage from President Donald Trump's multifront trade confrontations.
Breakthrough reforms needed to keep CPTPP benefits

Breakthrough reforms needed to keep CPTPP benefits

The Ministry of Planning and Investment warned that Vietnam's CPTPP benefits could be heavily reduced without breakthrough reforms.
Tax cut will help Vinacomin maintain business: official

Tax cut will help Vinacomin maintain business: official

The Ministry of Industry and Trade proposes lowering the coal export tariff in a bid to help Vietnam National Coal and Mineral Industries Group (Vinacomin) survive the tough times and preserve its credit rating to take out soft loans.
Exports to Chile to enjoy zero per cent status

Exports to Chile to enjoy zero per cent status

Tariffs on most exports between Vietnam and Chile will be lowered to zero per cent under the Vietnam-Chile free trade agreement which has just been approved by the Vietnamese Prime Minister.
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