|Workers at Safoco Foodstuff JSC process instant noodles. — VNA/VNS Photo Vũ Sinh|
HÀ NỘI — Prime Minister Nguyễn Xuân Phúc asked ministries and relevant sectors to study the effects on Việt
The ministries of Finance and Planning and Investment will complete the report and send it to the Prime Minister before March 1 this year.
Phúc also assigned the Ministry of Industry and Trade to co-ordinate with relevant ministries and sectors to monitor policy responses of countries around the world as the
"It is necessary to review the products Việt Nam exported to the US, especially the products with the content of raw materials and components imported from China in order to give warnings and guide enterprises when the US imposes anti-dumping duties on these products," said the PM.
According to the PM’s economic advisory group, the
The advisory group of the Prime Minister said that the
"As other economies apply defensive measures such as adjusting exchange rate policies, foreign exchange controls will affect foreign investment flows, thereby affecting Việt
US President Donald Trump signed the tax reform package on December 22 last year. Analysts say this measure will improve corporate profits, boosting the economy.
Under the new tax law, up to 95 per cent of Americans will receive tax breaks, but cuts to the rich will outweigh the tax cuts for lower income people. According to the Non-partisan Tax Policy Centre in