7,200 C/Os form EUR.1 issued in first month of running EVFTA
Garment sector poised to grasp EVFTA opportunities for higher exports | |
Digital transformation, where should SMEs start? | |
"Disillusioned" when wanting to boost wood exports to the EU thanks to EVFTA |
Items that have been granted a C/O form EUR.1 are mainly footwear, seafood. Photo: N.Hue. |
The Vietnam-EU Free Trade Agreement (EVFTA) took effect on August 1, bringing a great opportunity for Vietnam's exports, helping to diversify export markets and commodities. Vietnam's advantageous export products have high tax cuts such as: Agricultural products, seafood, wooden products, garments and textiles, footwear, electronics.
Motivated by the EVFTA, goods originating from Vietnam will improve their competitive advantage over goods originating from competitors in the EU market.
The Ministry of Industry and Trade assessed that the number of issued Certificates of Origin (C / O) form EUR.1 since the EVFTA took effect showed the level of interest of businesses as well as the importance of this market for Vietnamese exports.
The items that have been granted the C/O form EUR.1 C / O are mainly footwear, seafood, plastic and plastic products, coffee, garments and textiles, bags, suitcases, vegetables, rattan and bamboo products.
EVFTA puts great pressure on Vietnamese retailers |
Most import markets are countries which have ports,distribution and transshipment centers of the EU such as Belgium, Germany, the Netherlands, France and the UK. In particular, many shipments have arrived in the EU market, cleared customs and enjoyed preferential treatment.
Related News
7 key export groups bring in US$234.5 billion
13:54 | 28/11/2024 Import-Export
Why seafood exports to some Middle Eastern Countries are stalled
14:47 | 20/11/2024 Import-Export
Vietnam’s exports to the U.S. near US$100 billion milestone
09:46 | 21/11/2024 Import-Export
Developing supporting industries for the billion-dollar export commodity groups
09:26 | 20/11/2024 Import-Export
Latest News
MoIT sets export growth at 6% in 2025
11:00 | 12/12/2024 Import-Export
Vietnam's first logistics park opens in Lang Son
10:58 | 12/12/2024 Import-Export
Vietnam’s coffee exports possibly top 5 billion USD for first time
10:56 | 12/12/2024 Import-Export
Support aggregate demand to promote economic growth
09:41 | 12/12/2024 Import-Export
More News
Plastics demand growing, says industry association
15:12 | 11/12/2024 Import-Export
Vietnam’s tuna exports gain larger market shares in key markets
15:09 | 11/12/2024 Import-Export
Efficiency in emission reduction and sustainable development for wood enterprises
14:46 | 11/12/2024 Import-Export
US emerges as biggest consumer of Vietnam’s pepper
16:57 | 10/12/2024 Import-Export
Why are seafood exports to some Middle Eastern countries blocked?
10:32 | 10/12/2024 Import-Export
Seafood exports increase competitiveness through quality
10:24 | 09/12/2024 Import-Export
Textiles, footwear enterprises need support to green the supply chain
10:22 | 09/12/2024 Import-Export
Vietnam’s seafood export hits 1 billion USD mark for October
18:21 | 08/12/2024 Import-Export
Opportunities for export breakthroughs through e-commerce
09:45 | 08/12/2024 Import-Export
Your care
MoIT sets export growth at 6% in 2025
11:00 | 12/12/2024 Import-Export
Vietnam's first logistics park opens in Lang Son
10:58 | 12/12/2024 Import-Export
Vietnam’s coffee exports possibly top 5 billion USD for first time
10:56 | 12/12/2024 Import-Export
Support aggregate demand to promote economic growth
09:41 | 12/12/2024 Import-Export
Plastics demand growing, says industry association
15:12 | 11/12/2024 Import-Export