HCMC to guide enterprises to enjoy benefits from FTA

Vietnam signed 12 free trade agreements (FTA) with 56 nations and economies in the world and ten agreements have been taken in effectiveness.

Illustrative photo:SGGP

Illustrative photo:SGGP

In the period of 2017- 2020, the most of tax incentives from the free trade agreements focused on a huge tax reduction or deletion.
If Vietnam takes opportunities from FTA, the country could increase export turnover into foreign markets.
In order to help Vietnamese enterprises to update information as well as enjoy tax incentives, the Ho Chi Minh City Trade and Industry Department in collaboration with Ministry of Trade and Industry respectively will hold two seminars named “FTA between Vietnam and Europe for footwear” and “Taking advantage of FTA tax incentives in garment and textile” at Ho Chi Minh City Conference Center from August 2-3.
The seminars will guide how way to report and prepare for documents to gain preferential certificate of origin (C/O), and provide guidlines to overcome difficulties in targeting C/O.



BY XUAN MINH- Translated by Huyen Huong

Other news

Most view

Shares recover after two-day decline

Shares recover after two-day decline

Vietnamese shares rebounded on the two exchanges on Wednesday as strong buying boosted almost all local stocks following the market’s two-day decline.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

DIG issue 14 million shares

Development Investment Construction Joint Stock Corp (DIG)’s shareholders have approved its plan to issue 14.3 million shares in the second and third quarters of 2018.