Tag: tariffs
EVFTA fuels Vietnam’s imports from EU
Since the EU - Vietnam Free Trade Agreement (EVFTA) took effect, the country’s imports from the EU have been rising sharply, with many commodities posting import value of billions of US dollars.
US removes tariff threats against Vietnam
The Office of the United States Trade Representative (USTR) on July 23 issued a formal determination in the Vietnam Currency Section 301 investigation, under which the agency will not take any tariff action against Vietnam.
MoF proposes to impose tariff on exported gold
The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95% purity to 2% from 0%.
Canada launches fourth exclusion inquiry on imported steel products
The Canadian International Trade Tribunal (CITT) has issued a notification on the launching of inquiry for exclusion requests concerning imports of a number of imported steel products originated from some countries, including Vietnam.
Vietnam removed from list of beneficiaries of EAEU tariff preferences under GSP
Vietnam will be removed from the list of countries entitled to tariff preferences offered by the Eurasian Economic Union (EAEU) under the Generalised Scheme Preferences (GSP) from October 12, according to the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade).
Nearly US$5 billion of exports to EU benefit from EVFTA
Almost US$5 billion worth of Vietnamese goods exported to the EU has benefited from preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).
Key export sectors the target of M&As by foreign investors
Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
RCEP to benefit key Vietnamese exports due to flexible rule of origin
VOV.VN - The Regional Comprehensive Economic Partnership (RCEP) is expected to bring about a range of practical benefits for Vietnamese exports due to the feasible rule of origin in comparison to other free trade agreements (FTAs), especially with regard to textile, garment, and agricultural products, according to industry insiders.
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.
Pakistan initiates anti-dumping investigation into Vietnam’s cold rolled steel
Pakistan’s National Tariff Commission has initiated an anti-dumping investigation into cold rolled coils and sheets originating in or exported from certain countries, including Vietnam.
