Thai Nguyen products start enjoying EVFTA’s incentives
The free trade agreement between Vietnam and the European Union EVFTA has officially taken effect for more than 1 month. Up to now, Vietnamese exporters have initially taken advantages of tariff preferences when exporting to the European market.
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Thai Nguyen products start enjoying EVFTA’s incentives |
Particularly in August, authorized organizations issued over 7,200 certificates of origin with the turnover of US $ 277 million. In which, the main beneficiaries are shoes, seafood, plastic, coffee, textiles, rattan and bamboo products. In Thai Nguyen, textile is the first sector benefiting when the agreement comes into effect. Tea products are the next one benefiting from the agreement when exporting to European market. Currently, businesses are focusing on improving competitiveness, renewing business models and strategies towards sustainable development to meet the needs of European market.