{"id":5081,"date":"2019-04-29T12:57:04","date_gmt":"2019-04-29T03:57:04","guid":{"rendered":"https:\/\/asia-prop.com\/?p=5081"},"modified":"2022-06-11T17:54:53","modified_gmt":"2022-06-11T08:54:53","slug":"cptpp-issue-in-vietnam","status":"publish","type":"post","link":"https:\/\/asia-prop.com\/en\/column\/cptpp-issue-in-vietnam\/","title":{"rendered":"Vietnam CPTPP tariff issues"},"content":{"rendered":"<p>Vietnam, January 14, 2019, Trans-Pacific Partnership (CPTPP:)  <br>Comprehensive and Progressive Agreement for Trans-Pacific Partnership) has officially come into effect. From a customs perspective, there is a notable issue.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_36_1 counter-hierarchy ez-toc-counter ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of contents\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;\"><svg style=\"fill: #999999;color:#999999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999999;color:#999999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/asia-prop.com\/en\/column\/cptpp-issue-in-vietnam\/#%E5%A4%A7%E5%B9%85%E3%81%AA%E9%96%A2%E7%A8%8E%E6%92%A4%E5%BB%83\" title=\"Significant tariff elimination\">Significant tariff elimination<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/asia-prop.com\/en\/column\/cptpp-issue-in-vietnam\/#%E9%AB%98%E5%BA%A6%E3%81%AA%E5%8E%9F%E7%94%A3%E5%9C%B0%E8%A6%8F%E5%89%87\" title=\"Advanced rules of origin\">Advanced rules of origin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/asia-prop.com\/en\/column\/cptpp-issue-in-vietnam\/#ASEAN%E5%8E%9F%E7%94%A3%E5%9C%B0%E8%A8%BC%E6%98%8E%E3%81%AE%E7%B0%A1%E6%98%93%E6%89%8B%E9%A0%86\" title=\"Simple procedure for ASEAN certificate of origin\">Simple procedure for ASEAN certificate of origin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/asia-prop.com\/en\/column\/cptpp-issue-in-vietnam\/#CPTPP%E5%B0%8E%E5%85%A5%E3%81%AE%E9%81%85%E3%82%8C\" title=\"Delay in introducing CPTPP\">Delay in introducing CPTPP<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%E5%A4%A7%E5%B9%85%E3%81%AA%E9%96%A2%E7%A8%8E%E6%92%A4%E5%BB%83\"><\/span>Significant tariff elimination<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>CPTPP member countries have agreed to eliminate tariffs on imports from Vietnam from 97% to 100%. For example, tariffs are applied to 78% of the total amount of imported goods from Vietnam, but we will eliminate the tariffs of 95% of the total amount of imported goods in the future. In particular, fish and shellfish and furniture are completely exempt from tariffs.<\/p>\n\n\n\n<p>Vietnam will also abolish the tariff rate of 66% when the CPTPP comes into effect and raise the tariff rate exempted within 3 years to 86.5%. Meanwhile, tariff quotas on cars, sugar, eggs and salt will be maintained.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"%E9%AB%98%E5%BA%A6%E3%81%AA%E5%8E%9F%E7%94%A3%E5%9C%B0%E8%A6%8F%E5%89%87\"><\/span>Advanced rules of origin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>CPTPP has inherited advanced rules of origin and procedures of origin from the Trans-Pacific Partnership (TPP). In particular, the CPTPP&#039;s rules of origin promote the integration of production in member countries and promote the formation of a complete supply chain between member countries. In this regard, the percentage of added value generated by the CPTPP member countries will be used to determine the origin of the applicable trade goods. You can build a supply chain more globally. <\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"ASEAN%E5%8E%9F%E7%94%A3%E5%9C%B0%E8%A8%BC%E6%98%8E%E3%81%AE%E7%B0%A1%E6%98%93%E6%89%8B%E9%A0%86\"><\/span>Simple procedure for ASEAN certificate of origin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1.jpg\"><img decoding=\"async\" loading=\"lazy\" src=\"http:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1.jpg\" alt=\"Tan Thuan Export Processing Zone Q INDUSTRIES (1)\" class=\"wp-image-81276\" width=\"435\" height=\"326\" srcset=\"https:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1.jpg 900w, https:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1-768x576.jpg 768w, https:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1-150x113.jpg 150w, https:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1-680x510.jpg 680w, https:\/\/asia-prop.com\/wp-content\/uploads\/2020\/11\/Tan-Thuan-Export-Processing-Zone\u3000Q-INDUSTRIES-1-400x300.jpg 400w\" sizes=\"(max-width: 435px) 100vw, 435px\" \/><\/a><\/figure>\n\n\n\n<p>For the first time in Vietnam, importers will be able to prove their origin by themselves.<\/p>\n\n\n\n<p>First, in principle, it is only certified by the exporter or manufacturer, after which the certificate of origin is issued by the competent authority of the exporting country. In more advanced procedures, certificates of origin may be issued by the exporter \/ manufacturer (ASEAN Commodity Trade Agreement).<\/p>\n\n\n\n<p>The CPTPP is a simpler method that allows importers to create a certificate of origin for the goods they import. Therefore, importers of CPTPP member countries that meet certain conditions set by regulatory agencies can prove themselves the origin of the products they are importing.<\/p>\n\n\n\n<p>However, the certificate of origin by the importer does not apply to goods shipped to Vietnam within 5 years after the entry into force of the CPTPP. In a cautious way to prevent forgery of certificates of origin, Vietnamese importers must wait until January 14, 2024 to self-certify the origin of their imports.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"CPTPP%E5%B0%8E%E5%85%A5%E3%81%AE%E9%81%85%E3%82%8C\"><\/span>Delay in introducing CPTPP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Vietnamese government entered into force on January 14, 2019, but the Vietnamese government has delayed the promulgation of related legislation for the development of the CPTPP. Resolution 72\/2018 \/ QH14 to approve the CPTPP is expected to be delayed and the procedure for self-certification of certificates of origin is expected to be delayed, which is not a good situation for importers. ..<\/p>\n\n\n\n<p>Currently, the customs schedule based on the CPTPP is applied directly, so if the upper limit of origin is met, you must undergo the appropriate customs treatment agreed on by the CPTPP. The Ministry of Industry and Trade (MOIT) has stated the possibility of implementing a retroactive response in this regard. .. For example, a certificate of origin may be granted to the exporter after the goods have been exported from Vietnam, and the importer may later claim tariff incentives for the goods imported from Vietnam during this period.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Investment in Vietnam is Ho Chi Minh Suzuki Real Estate<\/span><\/p>\n\n\n\n<p>We support rental and purchase of condominiums, offices and investment real estate, mainly in Ho Chi Minh, Vietnam.<\/p>\n\n\n\n<p>Our strength is to provide buyers with accurate and accurate information in a timely manner.<\/p>\n\n\n\n<p>This website introduces the latest news articles on real estate, economy, travel, and events related to Vietnam.<br>Based on my experience as a consultant in Hong Kong, the article also introduces real estate, management, accounting, tax, and labor affairs.<br>If you like, please take a look.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/asia-prop.com\/en\/contact\/\" style=\"border-radius:10px;background-color:#ffa41c\">Inquiries about Condominiums for rent (free)<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On January 14, 2019, Vietnam announced the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)\u2026<\/p>","protected":false},"author":1,"featured_media":6241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"categories":[67,136],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/5081"}],"collection":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/comments?post=5081"}],"version-history":[{"count":9,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/5081\/revisions"}],"predecessor-version":[{"id":92596,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/posts\/5081\/revisions\/92596"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media\/6241"}],"wp:attachment":[{"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/media?parent=5081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/categories?post=5081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asia-prop.com\/en\/wp-json\/wp\/v2\/tags?post=5081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}