Online certification applied for textile exports to Mexico

The Ministry of Industry and Trade has officially granted online certification for Vietnamese garment-textile exports to Mexico.
Online certification applied for textile exports to Mexico ảnh 1The Ministry of Industry and Trade applies online certification for garment-textile exports to Mexico. (Photo: Duc Duy/VietnamPlus)

Hanoi (VNA) – The Ministry of Industry and Trade has officially granted online certification for Vietnamese garment-textile exports to Mexico.

Vietnam is an important trading partner of Mexico and an effective Comprehensive and the Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be a message to the world that member countries will continue opening their markets.

At the launch ceremony of the online certification in Hanoi on June 20, Deputy Minister of Industry and Trade Tran Quoc Khanh described it as a new generation free trade agreement, with commitments covering a wide scale. Countries engaging in the pact account for 13.5 percent of the global gross domestic product (GDP) and they are expected to gain various opportunities from the agreement, especially for the garment and textile industry.

Meeting rules of origin is the most difficult task as Vietnam’s textile industry is yet to be well developed and relies heavily on imports. However, according to the Ministry of Industry and Trade, Vietnam has agreed to launch an online certification system aiming at long-term goals, as the deal serves as a catalyst to attract investment in raw materials.

However, to ensure online certificates for export reach the right products and to deter those taking advantage of the rules of origin, the ministry has worked with the Mexican side to build a joint online monitoring mechanism.

"The implementation of such an online monitoring mechanism will create the maximum advantage for businesses and closely link the supply chains between Vietnamese and Mexican businesses," the deputy minister said.

Sara Valdés Bolano, Mexican Ambassador to Vietnam, said Vietnam is an important trading partner of Mexico and an effective CPTPP will be a message to the world that member countries will continue opening their markets.

Mexico appreciates Vietnam's commitments in the textile sector and is interested in strengthening cooperation and facilitating trade between the two countries, the diplomat added.

Earlier, on January 14 this year, the CPTPP came into force. Signed in March 2018, it is the successor to the Trans-Pacific Partnership (TPP) Agreement, a similar deal that included the US. President Donald Trump withdrew the US from the TPP soon after he was elected.

The trade deal was joined by 11 member states, namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

According to Tran Thanh Hai, Deputy Director of the ministry’s Import and Export Department, Vietnam must comply with its commitments in the CPTPP and with the contents of two bilateral pacts signed between ministers of Vietnam’s Ministry of Industry and Trade and Mexico’s Ministry of Economy on textile tariff quota and textile supervision.

On April 19, the ministry issued Circular 07/2019/TT-BCT regulating the export of textiles and garments to Mexico under the CPTPP. Taking effect on June 20, the circular includes five chapters and 12 articles to incorporate into national law the commitments of the two pacts.

Regarding preferential tax regulations, Hai explained textile and garment products must meet conditions like having Certificate of Origin C/O and Certificate of Eligibility C/E and meeting one of the rules of origin provided in Paragraph 3, Article 4 of Circular 07.

In addition, textile and garment products subject to tariff quotas for exports to Mexico provided in this circular include those using cotton and acrylic fibres and children's clothes and diapers.

However, the leader of the Import and Export Department also noted that the tariff quotas have only applied to 2019, while those of the following years will be announced by the ministry after receiving notice from the Mexican side.

Vietnam’s total garment-textile export turnover was estimated at 14.5 billion USD in the first five months of 2019, a year-on-year rise of 9.11 percent.-VNA

VNA

See more

At the February 14 meeting between Lao Prime Minister Sonexay Siphandone and a delegation of Vietnamese businesses and international enterprises from various countries. (Photo: VNA)

Vietnam strengthens business and investment ties in Laos

Highlighting Laos's vast potential for trade and investment cooperation, Lao Prime Minister Sonexay Siphandone said that Laos is an attractive investment destination, particularly in agriculture, tourism, logistics, and infrastructure development.

Lao government officials and representatives of Vietnamese businesses at the seminar (Photo: VNA)

Vietnamese firms eye investment in Laos

He reaffirmed Laos as a key investment destination for Vietnamese and global firms, highlighting opportunities in agriculture, tourism, logistics, and infrastructure.

Vice Chairman of the Bac Giang People's Committee Mai Son (Photo: bacgiang.gov.vn)

Bac Giang speeds up non-state budget investment projects

In the coming period, the northern province of Bac Giang will focus on addressing challenges to non-state budget investment projects and expediting their progress, affirmed Vice Chairman of the provincial People's Committee Mai Son.

Representatives from industry associations share insights on Vietnam’s market trends. (Photo: VNA)

Vietnam, Thailand boost industrial trade exchange

Trade between Vietnam and Thailand reached 20.18 billion USD in 2024, up 6.4% year-on-year. Thailand remained Vietnam’s top ASEAN trade partner, accounting for 24% of its total trade with the bloc.

Representatives from Lao and Vietnamese agencies at the signing ceremony. (Photo: VNA)

Vietnam, Laos strengthen energy cooperation

A 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province is expected to export 1,526 kWh to Vietnam annually once its first phase completes by the end of 2027, and additionally 1,112 million kWh per year after its second phase becomes operational in 2030./

A view of the Hanoi skyline. While rental properties continue to be in demand, there has also been a notable rise in the number of foreigners looking to buy houses. (Photo: VNA)

Housing demand from foreigners in Hanoi rises

Over several years, Hanoi has increasingly become an attractive destination for foreign workers, with approximately 10,000 new foreign workers are granted licences to work in the city each year.