The US TRADING FRANCTION OFFICE (USR) has removed threatening to apply taxes to Vietnamese goods after the two countries reached an agreement on exchange rate policy.0: 00/2: 43 nam Date 23/7 , Ustr has announced the official decision on the Section 301 survey on currency activities of Vietnam, whereby this agency will not take any tariff action against Vietnam. American Trade Representative Office Officially unload the tariff threat to Vietnam. Photo: The Patriarchet was announced on July 23, said that the agreement reached between the US Finance Ministry and the State Bank of Vietnam provided a satisfactory solution to the issue being investigated, so there was no Which commercial action was conducted at this time. According to this statement, USTr cooperated with the US Finance Ministry to monitor the implementation of Vietnam in the future
. Katherine Tai - American Trade Representative July 19 welcomed Vietnam to commit to solving US concerns in the field of monetary and considering this is typical important for the Indian Ocean - Pacific region. "I welcome the general statement between the Ministry US Finance Head Janet Yellen and the Governor of the State Bank of Vietnam Nguyen Thi Hong to address Washington's concerns about Vietnam's currency practices. Countries cannot manipulate their exchange rates to achieve unfair competitive advantages in international trade, and I praise Vietnam committed to address our concerns
Vietnam can do an important example for the Indian Ocean - Pacific region by allowing their exchange rates to move in accordance with the basic economic principles "- Mrs. Katherine Tai said. Ms. Tai, Enterprises and US Workers will be stronger when trading partners pricit their local currency fairly and compete on an equal playground. In the coming time, with the coordination of the Ministry of Finance, USTR will work with Vietnam to ensure the implementation, and will continue to check the monetary practices of other major trading partners. On July 19, the US Finance Ministry and the State Bank of Vietnam reached an agreement to address Washington's concerns about Hanoi's currency practices. The US Department of Finance said the Ministry said the Ministry Finance Head Janet Yellen met online Governor of the State Bank of Vietnam Nguyen Thi Hong and the two sides came to the agreement after the "constructive" discussion. The report also emphasized the Ministry of Finance and the US and Ngan Vietnamese State goods in recent months have "constructive discussions through the process of strengthening commitments". The party reaches an agreement to address concerns of the US Department of Finance on behaviors Vietnam's currency as described in the Finance Ministry's report before the US National Assembly on macroeconomic and foreign exchange policies of trading partners Large American. The State Bank of Vietnam confirms that Vietnam is obliged to follow the agreement terms of the International Monetary Fund (IMF) in avoiding manipulating exchange rates to prevent rolling adjustment Payment scales, winning unfair competition or competitive devaluation of Vietnam currency
The State Bank of Vietnam is continuing to efforts to modernize and transparent monetary policy and exchange rate framework My guild. Nguyen Thu (under Bloomberg) . Dịch vụ:
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