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Tuesday, 14:19, 27/04/2021 VOV.VN - Two years after coming into force, the rate of Vietnamese exports making use of the tax incentives brought about by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has reached only 4%, according to the latest announcement published by the Vietnam Chamber of Commerce and Industry (VCCI). With the rate of local exports taking advantage of the CPTPP tariff preferences in 2019 accounting for just 1.67%, there have been plenty of inadequacies recorded in terms of utilising the direct export benefits brought about by the trade pact. Last year witnessed the nation’s exports to markets which have ratified the CPTPP gross an equivalent turnover to that of 2019 due to the adverse impacts brought about by the novel coronavirus (COVID-19) pandemic. This therefore saw the rate of taking advantage of the tariff preferences set out within the CPTPP reach only 4%. ....
VIETNAM BUSINESS NEWS APRIL 17 vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
Mixed bag for first phase of CPTPP deal 21:00 | 13/04/2021 After a slow start, the CPTPP is now hoped to benefit Vietnam more After two years of implementation, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has created some positive initial impacts, especially in new markets, but benefits for Vietnam from remain modest. Nguyen Cam Trang, deputy director of the Agency of Foreign Trade under the Ministry of Industry and Trade, said that the growth rate of exports to CPTPP markets was 7.2 per cent lower than the 8.4 per cent growth rate of exports worldwide in the same period. There is very little information about the effects and impacts of the CPTPP on foreign-invested enterprises (FIEs), what they know about this agreement, and how to take advantage of it, as well as what is preventing them from accessing what is considered significant opportunities from the agreement. ....
Thursday, 12:16, 08/04/2021 VOV.VN - Two years after coming into force, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has had initial positive influence on Vietnamese exports at a time when most CPTPP partners have been reducing imports due to the impact of the COVID-19 pandemic, according to insiders. Vietnam s footwear products enjoy comparative advantages in the CPTPP market Statistics indicate that Vietnamese exports to CPTPP partners throughout last year recorded an average of 7.2% growth in comparison to 2018’s figures, while imports enjoyed a slight increase of 0.7%. Most notably, the country’s exports to emerging markets within the CPTPP recorded impressive growth of between 26% and 36%. ....
CPTPP exerts positive impact on Vietnamese exports vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vov.vn Daily Mail and Mail on Sunday newspapers.