Deputy Prime Minister Bui Thanh Son chaired a meeting of the Working Group on economic and trade cooperation with the United States.

Deputy Prime Minister Bui Thanh Son chaired a meeting of the Working Group on enhancing cooperation and proactively adapting to adjustments in US economic and trade policies - Photo: VGP/Hai Minh

Attending the meeting were Minister of Industry and Trade Nguyen Hong Dien, Governor of the State Bank of Vietnam Nguyen Thi Hong, representatives of the ministries of Finance, Foreign Affairs, National Defense, Public Security, Agriculture and Environment, Science and Technology, Construction, Health, Culture, Sports and Tourism, and the Government Office .

At the meeting, members of the Working Group updated the situation with new developments and discussed solutions after the US side announced the imposition of reciprocal tariffs on goods from many countries, including Vietnam.

After listening to the opinions of ministries, branches and agencies, Deputy Prime Minister Bui Thanh Son asked the members of the Working Group to continue to perform well the assigned tasks; continue diplomatic measures through different channels to influence US agencies to have solutions suitable to Vietnam's conditions and circumstances and the comprehensive strategic partnership between the two countries.

Deputy Prime Minister Bui Thanh Son asked members of the Working Group to continue to perform well the assigned tasks - Photo: VGP/Hai Minh

Regarding taxes, the Deputy Prime Minister assigned the Ministry of Finance to continue reviewing and perfecting the import tax reduction plan.

Regarding non-tariff issues, ministries and branches review legal regulations and consider removing any unreasonable content, including for Vietnamese enterprises, or propose to competent authorities to remove it.

Regarding the origin of goods, the Deputy Prime Minister requested the Ministry of Industry and Trade to review and strictly control the origin of goods, to prevent any unfortunate incidents from happening; the Ministry of Finance to increase the exchange of customs information with the US on trade defense measures and tax evasion.

Regarding copyright and intellectual property issues, the Deputy Prime Minister assigned the Ministry of Science and Technology to review legal regulations and address the concerns of the United States.

Deputy Prime Minister assigned the Ministry of Finance to develop a comprehensive plan to support businesses - Photo: VGP/Hai Minh

The Ministry of Finance coordinates with ministries and sectors in developing a bilateral agreement with the United States towards upgrading the Bilateral Trade Agreement (BTA), including adding content on tax and intellectual property.

Regarding business support, the Deputy Prime Minister assigned the Ministry of Finance to develop a comprehensive plan to support businesses.

The Ministry of Industry and Trade will strengthen the promotion and dissemination of the contents of 17 free trade agreements, further promote trade to new markets and support businesses in adapting to new markets, and promptly inform businesses about policies of export markets./.

Source: https://baotuyenquang.com.vn/pho-thu-tuong-bui-thanh-son-chu-tri-hop-to-cong-tac-ve-hop-tac-kinh-te-thuong-mai-voi-hoa-ky-209703.html