CPTPP

Update news CPTPP

Vietnam forgoes US$536.83 million tax under FTA commitments

The contribution of import duty to customs revenue has been declining over the past few years, from 21.85% in 2017 to 17.4% in 2018 and 16.7% in 2019.

US asks Vietnam to cut import tariffs on agricultural products

The proposed tariff cut is aimed to balance bilateral trade relations.

VN exporters can only take advantage of CPTPP with preparation

Japan, Malaysia, Singapore, Australia, New Zealand and Chile are countries that Viet Nam has bilateral or multilateral FTAs with.

VN garment export target of $40 billion a long shot

The domestic textile and garment industry was still striving to reach its export revenue target of US$40 billion this year despite facing many difficulties, said Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS).

​Farmers: Opportunities and challenges in global integration

In recent years, Vietnam has signed several important trade agreements with major economic partners, notably the CPTPP and the EVFTA.

Vietnam’s average annual growth seen at 7%

The Vietnamese economy is likely to grow at an annual average pace of 7% during the 2021-2015 period, according to a projection by the National Centre for Socio-economic Information and Forecast.

CPTPP creates opportunities for foreign investors in Vietnamese aviation sector

As a member of WTO and EVFTA, Vietnam has yet to permit foreign investors to offer air transport services, though aviation services and projects have been opened for investment since the signing of CPTPP.

 

VN logistics can benefit from growing economy

Vietnam’s logistics industry can reap the rewards of the country’s growing economy.

 

Vietnamese economy forecast to grow 7 percent during 2021-2025

Vietnam’s GDP is forecast to expand 7 percent during 2021-2025 on the back of new-generation free trade agreements, according to the Ministry of Planning and Investment’s National Centre for Socio-Economic Information and Forecast (NCEIF).

Vietnamese textile and garment firms aggressively seeking more orders

Thirty-eight Vietnam’s textile and garment companies recently attended ‘Global Sources Fashion and Global Sources Lifestyle’, the biggest fashion exhibition in Hong Kong, to seek buyers.

Vietnamese dairy brands go abroad as foreign brands arrive in VN

More and more foreign dairy producers have arrived in Vietnam as they can see the great potential of the market.

Changes in Canada’s politics unlikely to affect ties with Vietnam: experts

The relations between Canada and Vietnam will continue to develop despite recent changes in Canada’s politics, according to experts and diplomats.

Finding a place in international markets

Dr Tran Cong Thang, director of the Institute of Policy and Strategy for Agriculture and Rural Development, speaks to Countryside Today newspaper about Vietnam's efforts to promote local products in international markets.

Vietnamese dairy producers face big problems

Coca-Cola's announcement that it will enter the dairy sector will increase pressure on Vietnamese producers.

In Vietnam, business must be the center of all policies

The Ministry of Planning and Investment (MPI) is drawing up a plan to increase Vietnam’s national productivity, which remains at an alarmingly low rate compared with neighboring countries.

Vietnamese enterprises failing to grasp CPTPP opportunities

Vietnamese enterprises are not doing enough to learn about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which make them fail to grasp opportunities arising from the trade deal.

 

Vietnam considers safeguard measures for apparel sector under CPTPP

The Ministry of Industry and Trade (MoIT) is drafting a circular providing guidance for the application of safeguard measures for textile and apparel products under the CPTPP.

 

Experts issue warning about the EVFTA

The benefits brought by EVFTA, CPTPP and other free trade agreements are described as ‘tonics’ and ‘supplements’ for Vietnam.

VN textile & garment sector waiting for CPTPP benefits

The textile and garment industry has orders to export $18 billion worth of products, but the opportunities brought by CPTPP have not been that great so far.

Garment orders don’t increase as expected

Vietnam’s textile and garment companies are trying to find more orders to ensure continuous production from now to the end of the year.