Vietnamese Businesses Position

VCCI to conduct a survey on the Rule of Origin in TPP negotiations

The “Rule of Origin” is one of the most important issues in the TPP negotiations. According to leaked documents, the U.S. is proposing a strong “rule of origin”, which is not favorable for Vietnamese exports which depends largely on imported materials. If the U.S. proposals are approved in TPP, Vietnamese exports will face numerous difficulties to meet requirements to be considered as “originated” and so they it will be hardly for them to get preferential tariff treatment in TPP. In order to help Vietnamese negotiators have appropriate negotiating strategies for each industry, the Committee on International Trade Policies of VCCI is conducting a survey to collect opinions from business community about this issue.

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