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GSP
Update news GSP
Risks are high
In the context of a tense global trade war, while a new wave of investment inflow into Vietnam has yet to unleash, risks facing Vietnamese enterprises as well as the entire economy have surfaced.
US to exclude some countries from GSP program, VN firms worry
US President Donald Trump has proposed removing some countries from its GSP (generalized system of preferences) program. If this occurs, exports from countries to the US will bear higher tariffs.
BUSINESS IN BRIEF 6/4
Rice traders report losses in 2013; Rubber price plunges on scant buying from China, M’sia; Consolidated bank SCB posts up profit; First registry firm launches IPO; Livestock export potential untapped
Vietnam needs to control export volume to enjoy EU’s GSP
VietNamNet Bridge – Vietnam has been advised to take strict control over the export to the EU market in order to be the long term beneficiary from the EU’s Generalized System of Preferences (GSP).
