Free trade agreements (FTAs) are when two or more countries agree on the terms of trade between them. They determine the value of tariffs and duties that countries impose on imports and exports. In 2007, with Vietnam’s ascension into theWorld Trade Organization(WTO) – it took a significa...
Vietnam's Free Trade Agreements Vietnam’s accession to the World Trade Organization (WTO) in 2007 marked its ascension as a committed and robust trade partner for the global community. Since then, the country has entered into numerous Free Trade Agreements and Double Tax Avoid...
Why did you search for Vietnam Free Trade Agreements Are you trying to find out the duty you will have to pay for your garment? Are you trying to confirm if a free trade agreement has gone into effect? Either way I can assist you. I am not an expert but I do have a basic knowled...
New Free Trade Agreements (FTAs) signal a promising outlook for the Vietnamese textile industry, with tariff concessions providing the biggest stimulus, according to the country's trade officials.Michael TatarskiTwist
Vietnam to publish FTA index by year end Vietnam's Ministry of Industry and Trade is focusing on improving provinces and cities' capabilities in helping local businesses take advantage of free trade agreements (FTAs) by the end of 2023, V...
Vietnam has signed 15 free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP). China and Vietnam have strong economic and trade co...
With robust taxation policies, competitive labour costs and multilateral free trade agreements with the EU, ASEAN, and other partners, Vietnam is emerging as a major manufacturing hub in Asia. The country also aspires to move up the manufacturing value chain, with a focus on high-tech products...
Samsung Electronics is boosting its investment in Vietnam, its largest smartphone manufacturing hub. Samsung's Chief Financial Officer Park Hark-kyu and Vietnamese Prime Minister Pham Minh Chinh met last week to shake hands on these latest financial agreements. According to state-owned Vietnamese ...
the average growth rate has been 17.4%, far higher than the 7.9% growth in Asia. The key-driven factors are Vietnam joining several free trade agreements, a growing tourism industry with 19% growth rate for domestic passengers and 29% for international travelers in 2017, and the emergence of...
The positive effects of these new free trade agreements are now being felt after the removal of Covid-related restrictions and as economic activity returns to pre-pandemic levels. Foreign investments increasing again During 2023, foreign direct investment (FDI) surged by 32.1% to US$36.61 billion...