Prime Minister: Hope the US side has a tax policy suitable for the good relationship between the two countries

Prime Minister Pham Minh Chinh chairs a meeting on the US's new tax rate on goods imported from Vietnam. (Photo: Duong Giang/VNA)

Also attending were: Permanent Deputy Prime Minister Nguyen Hoa Binh ; Deputy Prime Ministers Nguyen Chi Dung and Ho Duc Phoc; Ministers, Heads of ministerial-level agencies; leaders of ministries, branches and central agencies.

After leaders of ministries, branches and Deputy Prime Ministers discussed and assessed the situation and the impact of the US tariffs, as well as proposed solutions to adapt to the situation, concluding the meeting, Prime Minister Pham Minh Chinh emphasized that the current situation shows that trade competition is becoming more fierce, more complicated and more unpredictable.

Over the past time, Vietnam has made great efforts to implement synchronous and comprehensive solutions in politics, diplomacy, economy, and people-to-people exchange to respond to the situation.

Vietnam hopes that the US side will have a policy that is consistent with the good relations between the two countries, with the wishes of the people of both sides and Vietnam's efforts in recent times, in accordance with the conditions and circumstances of Vietnam as a developing country, still having to overcome the severe and prolonged consequences of many years of war.

In the coming time, the Prime Minister requested ministries and branches to be calm, courageous, have proactive, flexible, timely and effective responses to all developments to continue to overcome difficulties, obstacles and external shocks as they have done in recent years in the context of the pandemic, conflicts in many places around the world, and supply chain disruptions...

Prime Minister Pham Minh Chinh chairs a meeting on the US's new tax rate on goods imported from Vietnam. (Photo: Duong Giang/VNA)

Along with directing a number of comprehensive, harmonious, reasonable, effective, both short-term and long-term measures with the US side, the Prime Minister requested the immediate establishment of a rapid response team on this issue headed by Deputy Prime Minister Bui Thanh Son; assigned Deputy Prime Minister Ho Duc Phoc to chair and direct ministries and branches to organize listening to opinions from businesses, including large export enterprises.

The Prime Minister emphasized that this is also an opportunity to affirm the nation's mettle and strength; restructure the economy towards rapid but sustainable development, greening, digitalization, relying on science and technology, innovation; promote the building of an independent, self-reliant economy associated with deep, substantive, and effective international integration; expand markets, diversify markets, products, and supply chains; promote localization; exploit domestic markets and resources.

The Prime Minister emphasized that the GDP growth target of 8% or more in 2025 remains unchanged./.

According to VNA

Source: https://baothanhhoa.vn/thu-tuong-mong-phia-hoa-ky-co-chinh-sach-thue-phu-hop-voi-quan-he-tot-dep-giua-hai-nuoc-244437.htm