While many people believe that sugarcane farmers will face difficulties after Viet Nam implements the ASEAN Trade In Goods Agreement, there are also some who say it could offer bright prospects.
The final round of negotiations for RCEP – a trade agreement between the ten member states of ASEAN and its six partners: Australia, China, India, Japan, New Zealand and S Korea – will focus on resolving issues and reaching mutual ground on market openness,...
Viet Nam’s sugar industry is expected to face a great deal of difficulties as the country will tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.
After stopping car exports to Viet Nam for more than a month, Japanese auto giant Honda Motor suddenly decided to import around 2,000 vehicles from Thailand in early March.
The implementation of tariff reduction of zero per cent under the ASEAN Trade in Goods Agreement (ATIGA) from January 1, is an obsession with the Vietnamese sugar industry.
The tax on imported sugar, as stipulated by the ASEAN Trade in Goods Agreement (ATIGA), will be maintained at 5 per cent from the beginning of this year, instead of zero per cent as previously rumoured.
The establishment of the ASEAN Economic Community (AEC) this year is expected to bring opportunities and challenges for Viet Nam.Vu Nhu Thang, head of the Ministry of Finance''s External Relations Department, spoke the Vietnam News Agency, about the issues.
Vietnamese businesses should be well prepared emotionally and physically
to tap opportunities from the ASEAN Trade in Goods Agreement (ATIGA),
experts said at a dialogue yesterday.
Samsung Electronics CE Complex JSC has submitted a proposal to the Prime
Minister, relevant ministries and departments, seeking preferential
treatment for its Samsung CE Complex project.
The reduction of tariffs under the ASEAN Trade in Goods Agreement
(ATIGA) next year won''t lead to a surge in ASEAN goods to Viet Nam, an
official of the Ministry of Finance said.
Some Singaporean firms have expressed their interest in Vietnamese
rice, especially jasmine rice, and affirmed to continue importing the
rice, reported Nguyen Hung Linh, chairman of Vietnam Food Association.