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Taxing time
The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.
HCM City, Lao provinces strengthen trade, investment ties
Việt Nam and Laos have immense potential for cooperation across multiple sectors, particularly in education and training, information technology, trade promotion, investment, culture, and tourism, delegates emphasised at the Lao-Việt Nam Trade and Investment Promotion Conference held in Savannakhet Province, Laos, on April 2.