Vietnam import policies tariffs and restrictions

According to this agreement, some processed products, including oysters, scallops, squids, octopus, clams, and abalones, with high base tariffs when being exported to the EU market will be immediately cut to zero percent. Besides, Vietnamese lobsters, peeled frozen or smoked tiger shrimps, dried fish, smoked fish, and tunas, when being exported to the EU, will also receive a zero-percent import tariff. Currently, these products are imposed import duties from 8 percent to 22 percent. The EU is currently the second-largest aquatic product importer of Vietnam, accounting for 17 percent of the total aquatic exports. Of which, shrimp exports to the EU accounted for 22 percent of the market share, pangasius fish exports 11 percent, and other seafood products 30-35 percent. … [Read more...] about Vietnamese seafood exported to EU receive zero-percent import duty from August 1

In May 2016, President Obama visited Vietnam and announced the lifting of a three-decade-old U.S. arms embargo on Vietnam. Obama said the move aimed to ensure Hanoi had access to necessary weapons for self-defense. This was a step that showcased the U.S.’s commitment to completely normalize relations with Vietnam, including defense relations. … [Read more...] about Vietnam-US relations: 25-year testament to realpolitik success

The strategic trust between the two countries’ peoples and leaders have been substantially boosted, as seen through mutual high-level visits such as the trips to Vietnam by President Barack Obama in May 2016 and President Donald Trump in November 2017 and February 2019, along with the visits to the US by Party General Secretary Nguyen Phu Trong in July 2015 and Prime Minister Nguyen Xuan Phuc in May 2017. … [Read more...] about Vietnam’s first ambassador to US believes in bright future for bilateral ties

As the great ideals expressed in our own Declaration of Independence are meeting an ominous challenge from those dark forces of our national history, we Americans should stop telling the Vietnamese people how to deal with their problems and instead deal with our own problems as well as problems we are inflicting on the world, including wars on other nations and on the Earth itself.  Perhaps we have much to learn from Vietnamese people, including, first of all, how to respond to the global pandemic threatening us all.   … [Read more...] about What does the future hold for relations between Vietnam and US?

Honda City, the only domestically-assembled model of Honda Vietnam, accounted for 68 percent of its total auto sales, with 2,183 units sold. This is also the highest sales of the model since it was introduced to the market in Vietnam. … [Read more...] about Honda Vietnam’s motorcycle sales down, auto sales up in June