No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

The Ministry of Finance has responded to the suggestions of VAMA regarding the adjustment of reducing automobile volume to apply a tax rate of 0% for imported components and spare parts used for manufacturing automobile
Take advantage to increase fruit and vegetable exports to nearby markets

Take advantage to increase fruit and vegetable exports to nearby markets

With close geographical distance, low cost and transportation time, and preferential tariffs... are great advantages that Vietnam's fruit and vegetable industry needs to take advantage of to increase exports
Rate of use of preferential tariffs in CPTPP

Rate of use of preferential tariffs in CPTPP

VCN - According to the Vietnam Trade Office in Canada, although the rate of using CPTPP preferential tariffs for Vietnamese exports has increased steadily over the past 5 years, there is still about USD 4 billion, or about 60% of products enjoying tax. CPTPP is equal to 0 but still cannot be taken advantage of.
Three more nations enjoy preferential tariffs under CPTPP

Three more nations enjoy preferential tariffs under CPTPP

Malaysia, Chile and Brunei have been eligible for preferential import and export taxes under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to the Ministry of Industry and Trade (MoIT)
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
Proposing two solutions on knock-down levels of imported automobile parts

Proposing two solutions on knock-down levels of imported automobile parts

As Customs News informed, both Customs authority and enterprises are facing difficulties relating to regulations for classifying and identifying tax rates of imported automobile parts to satisfy knock-down levels
Standards must be clearly understood to diversify export markets

Standards must be clearly understood to diversify export markets

The rate of using preferential tariffs from the UK-Vietnam Free Trade Agreement (UKVFTA) is not low, but there is still room for growth.
Quang Ngai Customs: Solving many problems for enterprises

Quang Ngai Customs: Solving many problems for enterprises

At the recent dialogue with more than 80 enterprises, Quang Ngai Customs Department answered many specific problems for export processing.
Customs sector collects nearly VND136,000 billion in state revenue

Customs sector collects nearly VND136,000 billion in state revenue

According to the General Department of Vietnam Customs, the revenue collection of the Customs sector reached VND135,366 billion to April 20, equaling 38.45% of the assigned target.
Impressive export growth after more than three years of CPTPP

Impressive export growth after more than three years of CPTPP's entry into force

After more than three years of the CPTPP taking effect, exporting goods to markets in the CPTPP has achieved impressive results
Making good use of UKVFTA: "Stepping out of the comfort zone" and accessing the big market

Making good use of UKVFTA: "Stepping out of the comfort zone" and accessing the big market

After nearly a year since coming into force, the UK-Việt Nam Free Trade Agreement (UKVFTA) has boosted the bilateral trade significantly despite the negative impact of the Covid-19 pandemic
Goods and gifts are no longer subject to preferential tariff under Resolution 106

Goods and gifts are no longer subject to preferential tariff under Resolution 106

For cases when an enterprise imports gifts or presents from a foreign organization to an organization in Vietnam, the policy of import duty and value-added tax will not be applied, per resolution No. 106/NQ-CP
VCCI Chairman: The "gravity" of tariffs in EVFTA will attract customers to return

VCCI Chairman: The "gravity" of tariffs in EVFTA will attract customers to return

EVFTA is expected to be one of the important driving forces and ways for businesses and the economy, including Vietnam, to endure the pandemic as well as regain growth momentum.
Rules of origin make it difficult for businesses to take advantage of preferential tariffs from FTAs

Rules of origin make it difficult for businesses to take advantage of preferential tariffs from FTAs

Answering and handling problems about rules of origin will help businesses make better use of tariff incentives under FTAs, thereby increasing the rate of import and export turnover.
Textile and garment exports are not as expected despite EVFTA

Textile and garment exports are not as expected despite EVFTA

The rate of using Certificate of Origin (C/O) form EUR.1 of Vietnamese textile and garment exporters to take advantage of preferential tariffs from EVFTA has not met the expected level.
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