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No ASEAN goods surge with tariff cuts
HA NOI (VNS) — 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.
Beginning January 1, 2015, Viet Nam will further cut 1,720 tariff lines from 5 per cent to zero under the ATIGA. About 7 per cent of tariff lines, or 600 items, are considered too sensitive to be cut to zero next year.
