Livestock products, including meat, eggs, milk, honey, etc., are one of the main agricultural export groups of Viet Nam. Commitments on preferential import tariff that CPTPP member countries grant to Vietnam's export livestock products are shown in the following table:
For the first time, Vietnam's ST25 rice has been used to process dishes on the menu of the Japanese Cabinet Office, Minister of Agricultural and Rural Development Le Minh Hoan has said at the recent government meeting.
UK customs and tariff regulations are established by the UK Revenue and Customs Authority (HMRC). In May 2020, the UK announced the UK Global Tariff (MFN) to replace the European Union's Common Tariff System after the Brexit. This UK tax system came into effect from January 1, 2021. Accordingly, the average UK MFN tax will be only 5.7%, lower than...
To implement the National Program on Trade Promotion in 2022, the Trade Promotion Agency (Ministry of Industry and Trade) in collaboration with the Vietnam Trade Office in Sweden (concurrently Norway, Denmark, Iceland, and Latvia) organized a trade transaction delegation in Sweden and Norway from August 6-16, 2022. These are two potential markets...
On September 7, 2022 (US time), Vietnamese Minister of Industry and Trade Nguyen Hong Dien had a bilateral meeting with US Secretary of State Gina Raimondo on the sidelines of the Ministerial Conference under the Indo-Pacific Economic Framework (IPEF) to exchange views on bilateral and regional trade issues.
After proving unable to agree to a post-12th ministerial conference work program for the agriculture negotiations, a number of World Trade Organization members are arguing that now is the time to shake up the talks and try to evaluate key issues from a “big picture” perspective.
Greater access to U.S. and Indian markets was a key reason Indonesia elected to join the Indo-Pacific Economic Framework for Prosperity negotiations, Indonesia’s economy minister said this week, calling on partner countries to work toward finalizing IPEF outcomes within a year.
According to a survey published by S&P Global Market Intelligence on October 24, economic activity in the Eurozone continued to decline sharply in October, and Germany, the largest economy in the region, faced with recession risk.
According to the Ministry of Agriculture of the Russian Federation, Deputy Minister of Agriculture of the Russian Federation, H.E. Sergey Levin will lead the delegation including representatives of agencies of the Russian Ministry of Agriculture, industry associations and leading agricultural corporations of the Russian Federation (in the fields...
The signing of a series of new-generation FTAs such as the CPTPP, the Vietnam-EU FTA, and the RCEP is expected to significantly impact the Vietnamese economy by helping expand import-export markets and open up new potential markets.