Machine made in Vietnam export to US, Japan and France



Ha Noi, March 16 (VNA) -- Mechanical Engineering Company A74, a subsidiary of the Industrial Machinery and Equipment Corporation, has won contracts worth USD 1 million to export its products to the U.S., Japan and France.

The company will export mechanical tools to the U.S., forklift trucks to Japan and sewing machines to France.
The contract with the U.S. is of 10 years. It provides for an import tax rate of 34 percent against 5 percent levied on machines of the same kind made by other countries.--VNA