VIETNAM: US-Vietnam Trade Agreement To Boost Exports
Excited apparel industry chiefs in Vietnam said today that they expected the new US-Vietnam Bilateral Trade Agreement (BTA) to boost export revenues by opening up new channels for garment exporters to the states. The treaty is in line for approval by Vietnam's National Assembly later this month. Once it comes into force, tariffs on export goods into the US will drop to around three per cent, from the current rate of 40 per cent.
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