Import and Export in Vietnam- Preview

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The EuropeanUnion-VietnamFreeTradeAgreement
marks the beginning of a new era in Vietnam’s
economic development, and paves the way for
deep and long-lasting integration of the EU into
the ASEAN economic space.
It comes just at the right
time, as ASEAN prepares for
implementationof theASEAN
Economic Community at the
close of 2015.
Vi e t nam’s compe t i t i ve
advantage lies in its low-
cost labor, strategic location,
and integration into global
supply chains through its
bilateral and multilateral
trade agreements. The country ’s business
environment is soon to become even more
rewarding for investors, as the Corporate Income
Tax rate will be only 20 percent from January 1,
2016. There are a number of incentives available
to investors, and professional tax planning advice
should be sought to make the most of this market
overflowing with opportunities.
In this issue of Vietnam
B r i e f i ng maga z i ne, we
discuss the key aspects
of Vietnam’s import and
export landscape, focusing
on textiles, telephones and
computer products, and
automotive parts. We then
analyze opportunities for
Vietnam among its inclusion
in multilateral regional trade
blocs, before examining the
European Union-Vietnam Free Trade Agreement
in detail. Finally, we give an overview of the
requirements for establishing a trading company
in Vietnam.
This Month’s Cover Art
Fishing net II
80x100cm
Green Palm Gallery
+84 97 762 7722
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Introduction
Kind regards,
Alberto Vettoretti