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

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(Illustrative photo:SGGP)

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