Vietnam Exports EU To Enjoy Preferential Policy Of GSP

< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Vietnam < /a > April 16th, according to the latest stipulation of the preferential tariff preferential policy (GSP), since January 1, 2014, Vietnam's many categories of commodities including "a href=" //www.sjfzxm.com/news/index_c.asp "shoes and hat" /a "category" enjoy preferential tariff preferences.

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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201404/18/20140418095828_sj.JPG "/" < > > "

At the same time, China, Thailand, India and Malaysia were cancelled the "a href=" //www.sjfzxm.com/news/index_c.asp "discount" /a "P".

Therefore, Vietnam's textile, aquatic products, plastics, tea, coffee and footwear products have great advantages for EU exports.

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< p > Vietnam's Ministry of industry and Trade said that during the 2014-2016 years, GSP will bring more opportunities for Vietnamese enterprises.

According to GSP, in 2014, Vietnam's export tariffs on footwear to EU will be reduced from 8-17% to 4.5%.

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< p > 2013, Vietnam exported about 3 billion 400 million US dollars to the EU, accounting for 33% of Vietnam's total footwear exports.

Reported that in 2013, Vietnam's total exports to the EU amounted to about 24 billion 300 million US dollars, and it is expected to increase to 30 billion US dollars in 2014.

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< p > reported that according to the requirements of the European Union, raw materials imported from ASEAN account for more than 50% of Vietnam's exports to the EU, so that preferential tariff policies can be enjoyed.

But at present Vietnam's textile and chemical industry raw materials are mostly imported from China.

Therefore, Vietnamese enterprises face greater difficulties in meeting this requirement.

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P Vietnam's economic experts said that in order to continue to develop the EU market and enhance the competitive advantage of enterprises, Vietnam should continue to invest in producing raw materials and pform the mode of economic growth.

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< p > Vietnam's cotton output is very small at present, which can only meet the domestic cotton demand of less than 1%.

Therefore, Vietnam imported a large number of cotton for the continuous development of the textile industry.

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< p > the United States Department of agriculture has kept Vietnam's 2013/2014 cotton output estimated at 3250 tonnes (14 thousand and 900 packs).

Vietnam's 2013/2014 sales year import forecast was revised to grow by 20% to 633 thousand metric tons, mainly due to the strong export of Vietnamese cotton yarn and the expansion of the cotton textile industry.

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< p > 2013, Vietnam imported 58.1 tonnes (2 million 665 thousand packs) of cotton, an increase of 39% over the same period last year, while the United States accounted for 37% of Vietnam's imports.

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In the sales year of < p > 2014/2015, Vietnam's cotton production and trade volume is expected to grow by 13% over the previous year, mainly due to the implementation of the cotton farm project by Vietnam textile and Garment Group (Vinatex), a leading textile and apparel industry in Vietnam.

In the 2014/2015 sales year, Vietnam's cotton imports are expected to decline slightly, mainly due to the reduction of cotton yarn imports from Vietnam.

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