The European Union (EU) will remove 85.6% of tariff lines for Vietnam’s goods exports immediately after a bilateral free trade agreement (FTA) between the two sides comes into force.
Many foreign investors are turning to Vietnam as a production base as part of their long-term global business network thanks to the country’s political stability, large population and innumerable investment opportunities.
The signing of a free trade agreement (FTA) between the European Union and Viet Nam will bring significant long-term macro-economic benefits for Viet Nam, Fitch Ratings said.
Decision 1233/QD-TTg, which took effect August 3, has set new trade targets and regulations for the 2016-20 period.
The State Bank of Vietnam (SBV) on Wednesday allowed the Vietnamese dong to be traded more flexibly within a widened trading band in response toChina’s depreciation of its currency, theChinese yuan.
The Vietnam-EU free trade agreement will bring benefits worth billions of U.S. dollars to Vietnamese firms.
Vietnam continues to grow as a manufacturing destination and topped the Growth Index in the Cushman & Wakefield (C&W) Manufacturing Index 2015 report released recently.
A decree to guide implementation of the Enterprise Law is expected to be issued this month, a Ministry of Planning and Investment official said.
To simplify the tax payment process, the Ministry of Finance has issued Circular No. 110/2015/TT-BTC on electronic transactions in tax administration
HSBC explained in a report released on August 10 that the agreement in principle must now be fleshed out in detail by the negotiating teams, who will “settle some remaining technical issues and finalize the legal text.”
| The site is done with the technical support of the project BWTO |
