Hanoi: Vietnamese Prime Minister Pham Minh Chinh has called for specific support measures for enterprises affected by the United States' reciprocal tariff policy, Vietnam News Agency reported Wednesday. In a directive aimed at ensuring macroeconomic stability and boosting export growth, the prime minister instructed the Ministry of Finance to finalize these measures by the end of November.
According to Namibia Press Agency, the ministry has been tasked with reviewing and adjusting export and import tariff rates in accordance with international and regional integration roadmaps. This initiative aims to enhance exports and support domestic production.
A joint statement issued by Vietnam and the United States in October revealed that Washington has agreed to maintain reciprocal tariffs at 20 percent on Vietnamese goods. Additionally, zero tariffs will be extended on a range of products under U.S. executive orders.