Thousands of Japanese goods imported into Việt Nam, including cars, will enjoy a zero percent tariff, in line with the Southeast Asian country’s commitments to lower tariffs from 2018. (Source: VNA) Hanoi (VNA) – Thousands of Japanese goods imported into Vietnam willenjoy a zero percent tariff, in line with the Southeast Asian country’scommitments to lower tariffs as outlined in the Vietnam – Japan EconomicPartnership Agreement (VJEPA) and the ASEAN – Japan Comprehensive EconomicPartnership Agreement (AJCEP) for 2016-19.Under Vietnam’s new importtariffs, 5,545 products imported from Japan in 2018 will have lower tax ratesthan last year.
(VOV) - Vietnamese garment and textile businesses are expecting Trans-Pacific Partnership (TPP) signatories to offer their products. Preferential zero percent tariffs when entering foreign markets. This stage of the international integration process creates a huge opportunity for the Vietnamese garment and textile industry. In order to receive these preferential import tariffs, garment and textile manufacturers must make use of materials originating in TPP member nations. Businesses are therefore striving to accelerate their rates of localization in the hopes of avoiding squandering such a valuable advantage. The Government has approved a development strategy for the garment and textile sector until 2020,…... [read more]
Thousands of goods imported from Japan will enjoy a zero tariff in Vietnam starting April 1 in the next implementation stage of a bilateral trade agreement between the two countries. Vietnam will reduce the tariffs for 3,234 classes of imports to 0 percent under the Japan-Vietnam Economic Partnership Agreement for the 2015-2019 period, according to the Ministry of Finance. The beneficiaries of the zero tariff are material, machinery, equipment, spare parts, computers, electronics products and raw materials for footwear, textile and garment production. The products must be imported directly from Japan to Vietnam and meet the rules of origin as…... [read more]
VGP - Thousands of goods imported from Japan will enjoy a 0% tariff beginning April 1, according to the Ministry of Finance (MOF). Viet Nam will reduce the tariffs for 3,234 classes of imports to 0%, in implementing the Viet Nam-Japan economic partnership agreement for the 2015-2019 period. The beneficiaries of the 0 tariff are material, machinery, equipment, spare parts, computers, electronics products and raw materials for footwear, textile, garment production, and accessories, footwear and pharmaceuticals. The products must be imported directly from Japan to Viet Nam and meet the rules of origin as stated in the Japan-Viet Nam Economic…... [read more]
Tariffs on most exports between Vietnam and Chile will be lowered to zero percent under the Vietnam-Chile free trade agreement which has just been approved by the Vietnamese Prime Minister. Under the FTA signed on November 11, 2011, Chile has committed to removing 99.62 percent of tariff lines for imports from Vietnam within ten years. Immediately after the agreement takes effect, 83.54 percent of tariff lines on Vietnam’s exports to Chile will be cut to zero percent. Meanwhile, Vietnam will also eliminate 87.8 percent of tariff lines for Chile’s goods within 15 years. Among the remaining 12.2 percent of tariff…... [read more]
Hanoi (VNA) – Rice and dried tobacco leaves imported from Cambodia will enjoy a import tariffs of zero percent from January 1 – December 31, 2017. The decision was made in a circular recently issued by the Ministry of Industry and Trade. It states that the imported goods must have certificates of origin licensed by the Cambodian Ministry of Commerce or concerned agencies and go through customs clearances at border gates listed in the circular’s Appendix 02. Merchants who import dried tobacco leaves must also have licenses. The circular will be effective from January 18 – December 31, 2017.-VNA... [read more]