‘Vietnam getting zero tariff EU trade deal a challenge for Bangladeshi exporters’ | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
May 28, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, MAY 28, 2025
‘Vietnam getting zero tariff EU trade deal a challenge for Bangladeshi exporters’

Trade

TBS Report
04 March, 2020, 07:20 pm
Last modified: 04 March, 2020, 07:25 pm

Related News

  • China explores cross-border trade cooperation with Bangladesh
  • France, Vietnam set to sign dozens of deals as Macron visits Hanoi
  • Telegram 'surprised' as Vietnam orders messaging app to be blocked
  • Land port restrictions and the Kaladan project: Is bilateral trade between India and Bangladesh falling apart?
  • Vietnam says second round of trade talks started in Washington

‘Vietnam getting zero tariff EU trade deal a challenge for Bangladeshi exporters’

The tariff commission chairman said Bangladesh needs skilled manpower to increase export earnings like Vietnam and South Korea

TBS Report
04 March, 2020, 07:20 pm
Last modified: 04 March, 2020, 07:25 pm
Picture: Collected
Picture: Collected

Vietnam securing a zero tariff trade agreement with the European Union will be a challenge for Bangladeshi exporters, said Bangladesh Trade and Tariff Commission Chairman Tapan Kanti Ghosh on Wednesday.

He said 37 products exported from Bangladesh are getting cash incentives, but this is not a long-term facility. 

"We are assisting the entrepreneurs who are making these products so that they can do better in business, create jobs and increase exports," said Tapan.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

He was addressing a seminar as the chief guest at the Bangabandhu conference hall of the World Trade Centre in Chattogram's Agrabad area.

The tariff commission and the Chattogram Chamber of Commerce and Industry jointly arranged the seminar.

Vietnam is our big competitor in the readymade garment sector, Tapan said.   

He said Bangladesh needs skilled manpower to increase export earnings like Vietnam and South Korea.  

"Doing business should be made easier. Security and certainty should be provided for foreign investors. A variety of products, including light engineering products, should be produced instead of hinging on the clothing sector," Tapan explained.  

He described international trade as an arena of brutal competition where valid documents and transparency need to be ensured. 

"Foreigners can come and check our documents. One needs to focus on certifications, human rights and labour rights to do global trade."

Tapan said the tariff commission is taking research-based steps to create jobs, increase export earnings and develop local industries in the light of government policies. 

He also discussed backward linkage, reducing lead time and cost of doing business. 

M Fakhrul Alam, commissioner of Chattogram Customs House, said government offices are trying to protect the interests of local industries.   

"Tariff rate is based on SRO, tariff schedule and other duty structures," he said. We maintain transparency and extend maximum facilities to importers," he said. 

Mahbubul Alam, president of the Chattogram Chamber of Commerce and Industry, said there would be no jobs without local industries. 

"Many entrepreneurs do not know that the tariff commission makes recommendations to the National Board of Revenue and to the Ministry of Commerce. 

"That is why entrepreneurs should go to the tariff commission," he added.   

Mahbubul Alam presided over the seminar and tariff commission member Shah Md Abu Raihan Alberuni moderated it. 

Economy / Top News

Bangladesh Trade and Tariff Commission / Vietnam / Trade

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Israeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting in the prime minister's office in Jerusalem, 19 March, 2023. File Photo: Reuters
    Netanyahu says Hamas Gaza chief Mohammed Sinwar has been eliminated
  • Leaders and activists of BNP gather at Nayapaltan ahead of the rally of three BNP affiliated organisations on Wednesday, 28 May 2025. Photo: Rajib Dhar/TBS
    Start preparing to ensure election is held within December: Tarique issues instructions at youth rally
  • News of The Day, 26 MAY 2025
    News of The Day, 26 MAY 2025

MOST VIEWED

  • Google Pay. Photo: Collected
    Google Pay likely coming to Bangladesh soon
  • Graphics: TBS
    Suspicious banking activities surge by 56% since July: Cenbank
  • Representational image of cable car/Freepik
    Cable car to be installed from Himchari to Reju Khal in Marine Drive Road
  • Illustration: TBS
    Bangladesh sees highest-ever per capita income of $2,820 in FY25, BBS provisional data shows
  • IFIC Bank receives Tk6,000 cr in new deposits in six months
    IFIC Bank receives Tk6,000 cr in new deposits in six months
  • Abdul Awal Mintoo, chairman of National Bank Limited. Sketch: TBS
    'Regulatory support must for National Bank to restore depositors' confidence'

Related News

  • China explores cross-border trade cooperation with Bangladesh
  • France, Vietnam set to sign dozens of deals as Macron visits Hanoi
  • Telegram 'surprised' as Vietnam orders messaging app to be blocked
  • Land port restrictions and the Kaladan project: Is bilateral trade between India and Bangladesh falling apart?
  • Vietnam says second round of trade talks started in Washington

Features

In recent years, the Gor-e-Shaheed Eidgah has emerged as a strong contender for the crown of the biggest Eid congregation in the country, having hosted 600,000 worshippers in 2017. Photo: TBS

Gor-e-Shaheed Boro Maath: The heart of Dinajpur

2d | Panorama
The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

2d | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

3d | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

3d | Wheels

More Videos from TBS

News of The Day, 26 MAY 2025

News of The Day, 26 MAY 2025

40m | TBS News of the day
Google Pay likely coming to Bangladesh soon

Google Pay likely coming to Bangladesh soon

1h | TBS Programs
Poor documentation, evidence plague stolen asset recovery efforts

Poor documentation, evidence plague stolen asset recovery efforts

2h | TBS Insight
Donald Trump warns Vladimir Putin he is 'playing with fire' over Ukraine

Donald Trump warns Vladimir Putin he is 'playing with fire' over Ukraine

3h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net