Viet Nam promote Chinese exports and strive to reduce the trade deficit

According to Viet Nam news, the first five months of this year, Viet Nam on China's export 23.2 billion, an increase of 43.7%; China imported $ 73.73 billion, up 32%; trade deficit 50.53 billion, is Viet Nam on Chinese exports of 2 times, China is Viet Nam's biggest trade deficit countries. To reduce the trade deficit with China, Viet Nam to promote enterprises take full advantage of the ASEAN-China free trade agreement, there are 7000 2009 commodities tariff rates of 0-5% discount and enjoy preferential tariffs of ACFTA agreements E-certificate to increase exports to China. Moreover, the commitments under the free trade agreement, 2013 more preferential tariff, to Viet Nam Enterprise China market to create favorable conditions.