Revising policies to adapt to two-way impact of FTAs

Revising policies to adapt to two-way impact of FTAs

VCN - One of the most obvious positive impacts of Free Trade Agreements (FTAs) is to promote export growth, thereby contributing to increasing state budget revenue. However, the implementation of FTAs ​​also has a negative impact on state budget revenue u
Perfecting the law on import and export tax towards exemption and reduction for the right subjects

Perfecting the law on import and export tax towards exemption and reduction for the right subjects

According to Deputy Director General of Vietnam Customs Luu Manh Tuong, there are still many issues to take full advantage of FTAs including the need to perfect legal policies on import and export taxes
Taking advantage of FTAs ​​to promote exports of many products to Japan

Taking advantage of FTAs ​​to promote exports of many products to Japan

VCN - Vietnam and Japan are participating in 4 bilateral and multilateral free trade agreements, Vietnamese enterprises need to take advantage of this to increase exports.
Removing difficulties on the road to agricultural and aquatic product exports

Removing difficulties on the road to agricultural and aquatic product exports

VCN - Failure to grasp and comply with the technical requirements of the importing country will create difficulties for businesses on the export path.
Vietnam

Vietnam's GDP in 2024 could achieve nearly 7% growth

According to Nguyen Anh Duong, Head of the General Research Department at the Central Institute for Economic Management (CIEM), Vietnam achieved significant socio-economic results in the first half of 2024
Multiple tasks directed by the Government to stimulate growth and control inflation

Multiple tasks directed by the Government to stimulate growth and control inflation

VCN - The government recently issued Resolution No. 93/NQ-CP concerning the principal tasks and solutions for fostering growth, controlling inflation, and stabilizing the macroeconomy.
Vietnam automobile market and support problem

Vietnam automobile market and support problem

In the first 4 months of 2024, the number of cars consumed on the market is still falling to a worrying level, high inventory, causing difficulties for automobile manufacturing and trading enterprises
Understanding commitments to make effective use of tariff preferences to implement FTAs

Understanding commitments to make effective use of tariff preferences to implement FTAs

VCN - Workshop on Effective implementation of commitments on preferential export tax and special preferential import tax of Vietnam in implementing free trade agreements (FTAs) has just been held by the Department of International Cooperation (Ministry of
Customs answer enterprises

Customs answer enterprises' questions to make use of the advantages of FTAs

Customs authority also actively implemented solutions to facilitate businesses in taking advantage of preferential tariffs and creating fairness in import-export activities
Making goods to go deep into the EU market

Making goods to go deep into the EU market

VCN - Exports (exports) of domestic enterprises to the EU market grew at a double-digit rate, but it is not a breakthrough.
Help and create opportunities for businesses to expand into new markets

Help and create opportunities for businesses to expand into new markets

Mr. Nguyen Van Nam, said that free trade agreements help businesses export and trade more smoothly, but the economic difficulties of the world have forced businesses to diversify and find new markets.
The Government promulgates 16 Decrees on special preferential import and export tariffs

The Government promulgates 16 Decrees on special preferential import and export tariffs

The Government signed and promulgated 16 Decrees specifying Vietnam’s special preferential import tariff schedule for the implementation of the Trade Agreements and Economic Partnership Agreements.
FTAs to generate more benefits for Vietnam in 2023: minister | Businesllll

FTAs to generate more benefits for Vietnam in 2023: minister | Businesllll

The implementation of free trade agreements (FTAs) will continue to prove fruitful for Vietnam in 2023, said Minister of Industry and Trade Nguyen Hong Dien.
FTAs continue to bolster trade in 2023 despite global uncertainties: Minister

FTAs continue to bolster trade in 2023 despite global uncertainties: Minister

On the eve of the New Year, Việt Nam News Agency spoke with Minister of Industry and Trade Nguyễn Hồng Diên about difficulties which hit the economy and businesses in 2022 and new directions to create momentum for boosting production and export in the coming year.
Make good use of new generation FTAs to increase FDI attraction

Make good use of new generation FTAs to increase FDI attraction

VCN - In recent years, FDI trends have changed significantly under the influence of very important global factors. These are the US-China trade war, the Covid-19 pandemic, the Russia-Ukraine conflict and the energy crisis.
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