Opportunities for Vietnamese businesses from the shift in US production chains

Opportunities for Vietnamese businesses from the shift in US production chains

VCN - Many US businesses continue to promote supply chain shifts into Vietnam with the expectation that every product sold in the world contains at least some components manufactured in Vietnam.
Ministry proposes new electricity tariffs

Ministry proposes new electricity tariffs

The Ministry of Industry and Trade (MoIT) has released a draft of the Prime Minister's decision on the structure of retail electricity tariffs for public feedback. The draft proposes a new pricing scheme based on a percentage of the average retail price of electricity for different groups of users.
Tariff table for the implementation of the AKFTA Agreement in the new phase: Ensuring the stability of the special preferential tariff table.

Tariff table for the implementation of the AKFTA Agreement in the new phase: Ensuring the stability of the special preferential tariff table.

VCN - On March 8, 2022, the Government issued Resolution No. 29/NQ-CP approving the List of ASEAN Harmonized Tariffs version 2022 (the AHTN 2022 List).
US waives tariffs on solar panels from Việt Nam

US waives tariffs on solar panels from Việt Nam

The US on Monday announced a two-year tax exemption period on solar panels manufactured in four Southeast Asian countries, including Việt Nam.
One more Vietnamese pangasius exporter to US enjoys zero tariffs

One more Vietnamese pangasius exporter to US enjoys zero tariffs

NTSF Seafoods Joint Stock Company, a Vietnamese fish filletnbsp;exporter, has obtainednbsp;zero anti-dumping duties on its pangasius exportednbsp;to the US between August 1, 2019 andnbsp;July 31, 2020.
Businesses must be well equipped to fully take advantage of EVFTA

Businesses must be well equipped to fully take advantage of EVFTA

VCN - Hapro is a large import-export enterprise. Every year, Hapro exports over US$100 million to markets in over 80 countries and territories around the world.
Tariffs are not the magic key that promotes the export of fruits and vegetables

Tariffs are not the magic key that promotes the export of fruits and vegetables

The implementation of the Vietnam-UK Free Trade Agreement (UKVFTA) has helped fruit and vegetable exports to the UK market increased by about 20%.
Regulation on goods exempted from export, import tariffs under int’l treaties

Regulation on goods exempted from export, import tariffs under int’l treaties

The Government’s Decree No.18/2021/ND-CP dated March 11, 2021 has added a stipulation on the exemption of export and import duties of goods in line with international treaties to which Vietnam is a member.
The latest trends in certification of origin

The latest trends in certification of origin

VCN- Regarding preferential rules of origin, the study compares the certification provisions found in 209 free trade agreements (FTAs), as against 149 in 2014.
Vietnam committed to cutting import tariffs under FTAs

Vietnam committed to cutting import tariffs under FTAs

The Ministry of Finance (MoF) has drafted legal documents to fulfil Vietnam’s commitments on import tariff cuts under free trade agreements (FTA) the country has signed with partners, said MoF Minister Dinh Tien Dung.
EVFTA tariff is in effect, opportunities for Vietnamese businesses are ready

EVFTA tariff is in effect, opportunities for Vietnamese businesses are ready

VCN- The Government issued Decree No. 111/2020/ND-CP dated September 18, 2020 on Vietnam's Preferential Export Tariffs and Special Preferential Import Tariffs to implement the free trade agreement between Vietnam and the European Union (EVFTA) for the period 2020-2022. Customs newspaper spoke with Pham Tuan Anh - Deputy Director of International Cooperation Department, Ministry of Finance around this.
Government issues Vietnam’s Preferential Import and Export Tariffs to implement EVFTA

Government issues Vietnam’s Preferential Import and Export Tariffs to implement EVFTA

VCN - The Government issues Decree No. 111/2020 / ND-CP on Vietnam's PreferentialExport Tariffs and Vietnam Special Preferential Import Tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) for the 2020-2022 period.
Positive changes in revenue structure of tax sector

Positive changes in revenue structure of tax sector

VCN- At the working session, Director General Cao Anh Tuan said the State budget revenue for 2016-2019 reached VND 5,384 trillion, 77.3% of the target for 2016-2019.
Vietnam imposes tariffs on foreign plastic film

Vietnam imposes tariffs on foreign plastic film

The ministry of Industry and Trade MoIT has applied anti dumping measures on some products with biaxially oriented polypropylene BOPP film originating from China Thailand and Malaysia
Plastic exporting enterprises enjoy preferential tariffs to EU market

Plastic exporting enterprises enjoy preferential tariffs to EU market

Criteria regarding flexible rules of origin stipulated within the European Union-Vietnam Free Trade Agreement (EVFTA) will make it easier for plastic enterprises to take full advantage of preferential tariffs when exporting to the EU market
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