Reduced revenue from cutting taxes on imported goods in accordance with various FTAs Vietnam had signed was unlikely to affect State revenue, said the finance ministry in a conference held on December 12 in Hanoi.

 China has imposed tariffs of up to 25% on 128 US imports, including pork and wine, after US President Donald Trump raised duties on foreign steel and aluminium imports earlier in March.

VietNamNet Bridge – Vietnam’s newly-signed free trade agreement with the Republic of Korea is expected to provide significant economic benefits— but for rice and other agricultural exports the impact will not be felt in the short term.