Between 2018 and 2022, the export tax on certain products will be reduced to zero, creating new opportunities for the country to promote economic growth, Tran Thanh Hai, deputy head of the department of export and import under the ministry of industry and trade, said at the 4th Vietnam Textile Summit 2018 organised in Hanoi on June 27 by the ECV International and VCOSA.
Competitive labour costs and preferential policies will continue to help Vietnam become one of the ideal destinations for investors in the sector, a Vietnamese newspaper quoted Hai as saying. (DS)
ALCHEMPro News Desk – India
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