The Trans-Pacific Partnership (TPP) negotiations were officially concluded at the end of 2015, and is expected to be signed on 4 February, 2016. It is the biggest and most complicated agreement of Vietnam so far, and thus is expected to have large impacts on the Vietnamese economy and enterprises in the future.
With the support of the Embassy of United Kingdom and North Ireland in Vietnam, the Vietnam Chamber of Commerce and Industry (VCCI) has conducted a research on Reviewing Vietnamese laws and regulations against EVFTA commitments on GP.
The Government is determined to make custom procedures quick and transparent in line with the World Trade Organisation Trade Facilitation Agreement (TFA) which Viet Nam signed in 2013.
The Trans-Pacific Partnership FTA, the EU-Vietnam FTA, and the WTO Trade Facilitation Agreement all contain similar provisions on Customs Procedures and Trade Facilitation, which will help reform and modernize customs procedures in Vietnam.
Vietnam's FTAs coverage has evolved to cover not only the movement of goods, but also trade in services, investment and other trade-related aspects
While Vietnamese exports are facing, or have been subject to, antidumping tariffs in many nations, Vietnam has, for the first time ever, decided to levy duties on steel imports from four markets to protect domestic steelmakers.
Vietnam is the world’s fourth-largest exporter of wood products, although the industry relies on import for about 80% of its timber. This raises concerns for a FLEGT/VPA, as much of the timber imported into Vietnam comes from places where it is not always possible to establish the legality of the source.
One of the most important principles in international economic intergration is diverse and multi-lateral international relations accompanied with independent economic developments as well as sustainable and stable developments.
The conference aims to introduce Google tools to Vietnamese enterprises to enhance their production and business operations, as well as popularise and advertise their brands.
It would be better for Vietnamese enterprises to be able to certify and be responsible for the declared origins of goods themselves, because this would help them save time and costs for import-export activities.