(VOVWORLD) - The American Chamber of Commerce in Vietnam (AmCham Vietnam) has welcomed the swift and prompt response of the Vietnamese Government to the new US tariffs.
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In a press release issued on Tuesday, AmCham Vietnam expressed delight at learning about the constructive phone talk between Vietnamese Party General Secretary To Lam and President Trump on April 4, while appreciating the Party chief’s leadership and pragmatic approach in addressing one of the US’s key concerns regarding “non-reciprocal” tariffs.
AmCham Vietnam believed that continued dialogue between the two governments will create significant opportunities for US exporters, including those in the agricultural sector.
The US business community is eager to push for a free trade agreement with Vietnam, which would enhance market access and reduce tariffs, particularly when compared with other nations that already have trade agreements with Vietnam.
Backing the Vietnamese Government’s proposal to delay the enforcement of countervailing tariffs in favor of negotiations, AmCham Vietnam suggested that the US take the time to carefully consider mutually beneficial proposals. The organization also called on its members, particularly companies involved in US exports to Vietnam, to put forward concrete proposals to increase the volume of US imports into Vietnam.
AmCham Vietnam represents over 550 businesses and 2,500 individual members from the US business community in Vietnam. Its mission is to boost trade and investment ties between the US and Vietnam.