Vietnam Shoes And Cap Continue To Enjoy EU GSP Preferential Policies

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< p > > a href= "//www.sjfzxm.com/news/hangye/20140418/382283.html" > Vietnam < /a > related media reported on April 16th that the latest preferential tariff preferential policy (GSP) stipulates that since January 1, 2014, Vietnam's many categories of commodities, including shoes and caps, have enjoyed preferential tariff preferences.

At the same time, China, Thailand, India and Malaysia were abolished.

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%.

In 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 < a href= "//www.sjfzxm.com/news/shichang/20140418/382291.html" > EU < /a >, only 50% of Vietnamese products imported from ASEAN can be exported to EU so as to enjoy preferential tariff policy.

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 raise the competitive advantage of < a href= "//www.sjfzxm.com/news/hangye/20140418/382283.html" > Enterprise < /a >, Vietnam should continue to invest in the production of raw materials and pform the mode of economic growth.

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