Fdi

Under EVFTA, most yarn and fabric products will enjoy tax exemption as soon as the agreement takes effect, while the tariffs will be cut step by step to zero percent within 6-8 years. However, in order to be eligible for the preferential tariffs in EVFTA, Vietnam’s products need to satisfy the requirements of the origin rule. This means that Vietnamese enterprises have to use Vietnam-made or EU sourced materials to make products. … [Read more...] about Two textile and garment companies to benefit the most from EVFTA