Hanoi’s export-driven economy faces new challenges as the US, one of its top trading partners, considers imposing steep tariffs on Vietnamese goods.
Total retail sales of consumer goods and services hit VNĐ524.6 trillion ($21.4 billion) in September, up 2.4 per cent month-by-month, indicating a recovery in demand.
An item of VNĐ5,000 would have a new price tag of VNĐ4,909 after the VAT cuts, causing inconvenience to both buyers and cashiers.
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