Building and developing trademarks and obtaining certificates of origin are considered effective ways to create added value for products, thus expanding markets for specialties of the Mekong Delta.
After 2 years of implementing the EU-Vietnam Free Trade Agreement EVFTA (August 2020 - July 2022), total export turnover reached nearly 83.6 billion USD, 24% higher than the average export turnover during the 2016-2019 period.
Minister of Industry and Trade Nguyen Hong Dien has signed Circular No. 06/2022/TT-BCT stipulating regulations on the import of rice and dried tobacco leaves originating from Cambodia under tariff quotas for 2021 and 2022.
The Republic of Korea (RoK) and Vietnam held a video conference on April 13 to share ideas on ways to expand their economic ties despite the strain caused by the pandemic on global business activities, according to the Yonhap News Agency.
Some Vietnamese exports have been investigated for origin fraud and tax evasion, which requires tougher action from the Vietnamese Government to settle the problem and keep its exports growing.
The Ministry of Industry and Trade (MoIT) late last week informed the Ministry of Finance’s General Department of Customs to accept a new C/O (certificate of origin) form E in accordance with the ASEAN-China Framework Agreement on Comprehensive Economic Cooperation.
The General Department of Vietnam Customs (GDVC) has ordered customs agencies in provinces and cities to intensify inspections to fight origin-related frauds, violations of intellectual property (IP) rights and illegal transport of import-export goods.
China's sudden application of the new C/O (certificate of origin) form E has left lots of goods imported from China stuck at northern Lang Son province's border gates since August 20, according to the Lang Son Customs Department.
The Ministry of Industry and Trade (MoIT) officially launched an electronic certificate of eligibility (C/E) issuance system for garment and textile exports to Mexico on June 20.
Preferential export taxes offered by CPTPP are expected to be promulgated this month. However, the tax reduction is only one of the incentives for Vietnamese goods when entering markets, not a ‘lifesaver’ for businesses, said the Ministry of Industry and Trade.
As many as 173 administrative procedures of 13 ministries and sectors have been connected to the National Single Window (NSW) window since it was implemented in 2015.
Cambodia has unveiled several measures to support local manufacturers and exporters in case the European Union (EU) decides to temporarily strip trade preferences from the country, according to China’s Xinhua News Agency.
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