As the EU-Vietnam Free Trade Agreement (EVFTA) will make doing business easier and reduce export related costs, the SMEs will be important beneficiaries of this trade agreement. For the SMEs interested in doing business in Vietnam, to the services of the Commission have prepared a number of on-line website or guides.
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Additionally, on September 18, 2020, the Vietnamese Government issued Decree 111/2020 / ND-CP on Vietnam’s preferential export tariff and special preferential import tariff schedule to implement the Free Trade Agreement between Vietnam and the European Union in the period 2020 – 2022. It foresees the retroactive reimbursement of tariffs levied in excess of the preferential tariff from 1 August. According to the Decree, for all Customs import & export declarations registered from 01st August 2020 until the effective date of the Decree, if the goods satisfied all conditions to benefit from the preferential/special-preferential export/import duty rate as required by law, but the Customs declarant had already declared and paid Customs duties applying the higher rate (normal duty rate or MFN import duty rate), the declarant will be allowed to claim back the overpaid duty amount.
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Viet Nam has lifted 14-day mandatory quarantine for foreign experts, investors, managers and diplomats entering the country for less than 14 days. Following this decision, The Ministry of Health has released guidelines for temporary medical surveillance of incoming travellers entering Viet Nam.
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Based on approval of the Ministry of Transport’s proposal by Deputy Prime Minister, Foreign Minister Pham Binh Minh, Vietnam resumed some commercial international flights to six Asian destination (Guangzhou (China), Taiwan (China), Seoul (the Republic of Korea), and Tokyo (Japan) from September 15, and to Phnom Penh (Cambodia) and Vientiane (Laos) from September 22). The first flight Tokyo-Hanoi took place on Saturday, 19 September and brought nearly 60 passengers back to Vietnam.
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