On May 22nd, Dezan Shira & Associates' Business Intelligence Manager, Maxfield Brown, will be presenting at the Singapore Investment Seminar on Vietnam's free trade agreement network and the associated rules of origin compliance.
For the past year, manufacturers and investors in Asia have been working to understand the impliactions of the US-China trade dispute and find solutions to mitigate its effects. Vietnam has emerged as a preferred destination for export producers looking for an alternative to China, in large part due to its proximity to the Middle Kingdom, cheap labor force, stable government, good infrastructure, and expansive network of free trade agreements. The government's commitment to open trade through free trade agreements make Vietnam stand out amongst ASEAN countries competitng for foreign investment. Therefore, in his presentation Max will cover:
- The background on the trade war and its impact on Singaporean Businesses exporting to the Untied States, longer term pressures being placed on manufacturing in China, and why companies are choosing to invest in Vietnam;
- Comparison of FTA networks between Singapore, China, and Vietnam, and preferential rules of origin requirements in Vietnam;
- The technical process to obtain certificates of origin; and
- Case studies on the China +1 model and Singapore +1 model.
If you are interested in attending his presentation in Singapore, please reach out to DSA's marketing associate, Roy Forney, by email.
Singapore | June 10, 2019