VIETNAM'S INTERNATIONAL FREE TRADE AGREEMENTS AND CERTIFICATE OF ORIGIN
Vietnam’s accession to the World Trade Organization (WTO) in 2007 marked its ascension as a committed and robust trade partner for the global community. Since then, the country has entered into numerous Free Trade Agreements and Double Tax Avoidance Agreements.
A Free Trade Agreement (FTAs) is a type of agreement utilized by two or more countries in order to agree on the terms of trade between them. Such agreements determine the value of tariffs and duties that countries impose on imports and exports.
This document plays a crucial role in international trade, enabling parties to ascertain that the goods fulfill the origin requirements necessary to qualify for tariff advantages or to adhere to regulations imposed by the importing country.
Each type of C/O is governed by distinct requirements and procedures for the issuance and certification of the goods' origin. Understanding the specific compliance requirements is essential to ensure smooth international transactions and to avoid potential penalties or delays at customs.
Let’s take a look on FTAs’s list and Certificate of Origin form for cargo export from Vietnam as below:
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