In preparing for FTAs, Vietnam needs to install non-tariff barriers
19/09/2011 
Pham Chi Lan, a well known economist in Vietnam, has urged relevant ministries to consider installing non-tariff barriers to control the imports, which she believes a very important thing that needs to be done in preparing for the implementation of free trade agreements (FTAs). From now to 2015, under the commitments Vietnam has made in six bilateral and multilateral FTAs, Vietnam will have to gradually cut down the tariffs of thousands of goods items to 0-5 percent, mostly to 0 percent, and open the domestic market widely for imports. Lan said that the low import tariffs will pave the way for foreign made products to flow to Vietnam which later may dominate the domestic market. This should be seen as big worry for the national economy, where the technical barriers remain imp
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