Vietnamese PM urges support measures for businesses affected by U.S. tariff policy

HANOI, Nov. 19 (Xinhua) -- Vietnamese Prime Minister Pham Minh Chinh has called for specific support measures for enterprises affected by the United States' reciprocal tariff policy, Vietnam News Agency reported Wednesday.

In a directive urging macroeconomic stability and export growth, the prime minister instructed the Ministry of Finance to finalize these measures by the end of November.

The ministry was also tasked with reviewing and adjusting export and import tariff rates in line with international and regional integration roadmaps, aiming to boost exports and support domestic production.

According to a joint statement issued by Vietnam and the United States in October, Washington has agreed to maintain reciprocal tariffs at 20 percent on Vietnamese goods while extending zero tariffs on a range of products under U.S. executive orders.

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