EVFTA-Upcoming steps & Benificial facts

The Europe – Vietnam Free Trade Agreement (EVFTA) is the FTA that a lot of sewing factories in Vietnam has been waiting for.

On the end of June 30th, 2019, EVFTA was officially signed which will put the import – export between Vietnam and Europe to a whole new better step.

The upcoming procedures might end up with the effective date of this EVFTA on the very first half of 2020.

It was a pleasure to acknowledge that the Garment industry will take the most of this whenever it effects.

71% of the import tariff will be reduced and will be 99.2% (B7) after 7 years since the effective date of the EVFTA.

I am looking forward to further instruction to apply for EVFTA Certificate of Origin from MOIT and VCCI.

I’ll keep you posted on any news on EVFTA on our company website.

from Gold Garment Vietnam https://ift.tt/37DKf9L

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