Vietnam's New RCEP Origin Rules Take Effect
Vietnam’s new rules of origin under the Regional Comprehensive Economic Partnership took effect this month, allowing Vietnamese exports to RCEP countries to benefit from preferential tariffs, the Hong Kong Trade Development Council reported April 8. RCEP goods imported into Vietnam…
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will also benefit from low tariffs when they are accompanied with a certificate of origin, HKTDC said, and importers must submit that proof of origin to the country’s customs authority, with some exemptions.