Chinese locality boosts exports to Vietnam

China’s Yunnan Province Control and Quarantine Bureau has promoted exports to Vietnam, as foreign trade has experienced a decline recently, according to the China News.

Monday, November 30, 2015 19:32

Chinese locality boosts exports to Vietnam ảnh 1

The Vietnam-China trade fair (Source: VNA)

Hanoi (VNA) – China’s Yunnan Province Control and Quarantine Bureau has promoted exports to Vietnam, as foreign trade has experienced a decline recently, according to the China News.

Thebureau has carried out several measures to beef up exports to Vietnam, including facilitating the issuance of certificates of origin, which lays a foundation for enterprises to enjoy preferential tariffs in accordance with bilateral and regional free trade agreements (FTA).

It has also streamlined administrative procedures in order to help enterprises obtain certificates as soon as possible.

From January to September 2015, the province’s export turnover to Vietnam reached 1.05 billion USD, up 21.4 percent compared to the same period last year.

During the reviewed period, the bureau issued 8,302 FTA certificates of origin with total deducted tariffs of over 11 million USD.-VNA

VNA

#China #export #FTA #preferential tariff #certificates of origin China

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