Hue businesses actively adapt bet88 slot US reciprocal tariffs

Over 200 businesses in Hue City will be directly impacted by the US reciprocal tariffs, particularly those operating in textiles and garments, yarn, raw and auxiliary materials, auto parts, seafood, machinery, and equipment spare parts.

This issue was the focus of the workshop "Business Response bet88 slot US Reciprocal Tariffs," recently organized by the Hue City Department of Finance.

Addressing the workshop, Vice Chairman of the Hue City People's Committee, Mr. Phan Quy Phuong, highlighted the city's commitment bet88 slot fostering a supportive business environment.

"Hue considers businesses bet88 slot be central bet88 slot all economic development policies," he affirmed, noting that the city has actively pursued administrative reforms, developed digital government initiatives, enhanced digital infrastructure, and engaged regularly with businesses bet88 slot resolve challenges.

Hue’s continuous efforts bet88 slot improve its investment climate have yielded tangible results. For four consecutive years, the city has ranked among the top ten localities in the Provincial Competitiveness Index (PCI), climbing bet88 slot sixth place nationwide this year—a testament bet88 slot its dedication bet88 slot creating a favorable business ecosystem.

Experts and business leaders at the workshop examined the profound impacts of countervailing duty policies between major economies. These trade policy shifts are directly influencing Vietnamese import-export activities, production chains, and investment flows, including those in Hue.

Representatives from various businesses shared their difficulties in adjusting bet88 slot market fluctuations, restructuring supply chains, and navigating risk forecasting. Many emphasised the need for an early warning mechanism and legal consultations bet88 slot mitigate the effects of sudden changes in international trade policies.

VCCI Deputy Secretary General Dau Anh Tuan underscored the urgency of proactive adaptation in the face of fierce competition. “Businesses cannot solely rely on the government,” he stated. “They must enhance their governance capabilities, invest in technology, and develop long-term strategies based on global policy analysis.”