The Prime Minister has just signed Decree 111/2020 / ND-CP on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union (EVFTA) for the period 2020-2022.

Preferential export tax rates specified in Appendix I issued together with Decree 111/2020 / ND-CP include product code, description of goods, and preferential export tax rates according to stages when exporting to territories under the EVFTA Agreement, including: member territories of the European Union; United Kingdom of Great Britain and Northern Ireland for each code.

The Decree specifies conditions for applying the preferential export tax rates under the EVFTA Agreement.

Accordingly, goods exported from Vietnam to be eligible for preferential export tax rates must satisfy the following conditions:

Be allowed to import into the territories under the EVFTA Agreement, including: member territories of the European Union, United Kingdom of Great Britain and Northern Ireland.

Have a transport document (copy) showing the destinations which are the territories specified in (a) above.

Having the import customs declaration of the export consignment of Vietnamese origin to be imported into the above-mentioned territories (copy of English or Vietnamese translation in case the language used on the declaration is not in English).

The Decree details Vietnam’s special preferential import tariff schedule to implement EVFTA in Appendix II of this Decree, including: product code, description of goods, import tax rate special offers in stages for the imported from the member territories of the European Union; United Kingdom of Great Britain and Northern Ireland; The Principality of Ando; The Republic of San Marino the Socialist Republic of Vietnam (the imported goods from non-tariff zones to the domestic market) for each product code.

Imported goods eligible for special preferential import tax rates under the EVFTA Agreement must meet the following conditions:

Belonging to the Special Preferential Import Tariff specified in Appendix II to this Decree.

Be imported into Vietnam from: member territories of the European Union specified in Appendix III to this Decree; United Kingdom of Great Britain and Northern Ireland; The Principality of Ando; Republic of San Marino; and the Socialist Republic of Vietnam (Goods imported from non-tariff zones to the domestic market).

Meet the requirements of origin of goods and have proof of origin in accordance with the provisions of the EVFTA Agreement.

Decree No. 111/2020 / ND-CP takes effect from September 18, 2020.

For customs declarations of exported and imported goods registered from August 1, 2020 to before September 18, 2020, if all requirements are met to enjoy preferential export tax rates, Vietnam’s preferential imports under Decree No. 111 and for which higher tax rates have been paid, shall be handled by the customs office for the overpaid tax.

Source: Financial Times

By September 21, the Government allowed to reopen 7 international routes including: Vietnam – Taiwan, Vietnam – Guangzhou (China); Vietnam – Japan; Vietnam – Korea; Vietnam – Cambodia; Vietnam – Laos, Vietnam – Thailand. Passengers on commercial flights to Vietnam need to have a negative nCoV test, then quarantine and continue a PCR testing.

People are allowed to enter: Diplomats, experts, foreign businesses, international students, Vietnamese

Things to note before boarding:
Test negative in your home country for 3-5 days
Have visa entry, a place of stay
Check your body temperature
Install electronic declaration application
Transiting guests sitting in a private area
Foreigners must purchase international health insurance

Notes after getting off the plane:

Long-term entry:
PCR test 2 times / 6 days – cost 734,000 VND / time
Centralized isolation
If the result is negative for the second time, the person will be self – isolated

Short entry (less than 14 days)
Test for PCR every 2 days

o Quarantine location:
The diplomats will be stayed on quarantine at the Official House.
Foreign experts and enterprises are isolated at the Factory
The Vietnamese will be in army locations (cost 120,000 VND / day)
Alternatively, you can opt for hotel isolation (cost determined by the establishment).

Source: vnexpress

On September 5, 2020, on the occasion of the opening new school year, the Party Committee of Viglacera Corporation – JSC together with the Fatherland Front Committee and Cau Giay District Labor Federation visited and presented gifts at the village of Birla children – The place is nurturing nearly 100 children with special circumstances of Hanoi City.

In order to contribute to the cause of protecting, caring for and educating children, pioneering in humanitarian missions, Mr. Nguyen Quy Tuan – Deputy Secretary of the Party Committee, Chairman of Viglacera Corporation Trade Union graciously encouraged children and donated 5 sets of computers in the time of the Covid 19 epidemic, supporting them to study online during the period.

Mr. Nguyen Quy Tuan – Deputy Secretary of Party Committee, Chairman of Viglacera Corporation Trade Union presented gifts to Birla Children’s Village in Hanoi

The donated computers will be helping children as useful tools as well as essential foundation to learn, improve knowledge and working skills in the future.

Currently, the epidemic of Covid-19 in the country is basically controlled. Accordingly, Viglacera has implemented the policy of the Party and State, it has been preventing and fighting epidemics, concurrently restoring production and business activities, promoting socio-economic development, taking advantage of new opportunities, especially catching the trend of transferring foreign investment capital into Vietnam.

Specifically, in August 2020, Viglacera collaborated with the People’s Committee of Quang Ninh Province, the Ministry of Planning and Investment, the Korean Embassy in Vietnam, and Korean international organizations in Vietnam (KCCI, KOTRA ) organized a program to promote investment of Korean enterprises with the theme “Quang Ninh 2020 – Investment destination”. Within the framework of the program, Mr. Jeong Woo Jin, Deputy Ambassador, Consul General of the Korean Embassy in Vietnam and Korean business leaders visited and worked in Dong Mai Industrial Park (IP).

The delegation of Korean businesses visited and worked in Dong Mai Industrial Park – Viglacera

Speaking at the meeting, the representative of Quang Ninh province said that the province always identified Korea as a potential and key market to call for and promote investment attraction, especially in the fields of high and clean technology, saving natural resources and supporting sustainable socio-economic development. At the same time, the Deputy Ambassador also expressed his belief in the potential for development as well as the support for Korean investors from Quang Ninh province and reputable industrial zone infrastructure developers such as Viglacera.

Through this program, representatives of Korean businesses wishing to expand production in Vietnam exchanged and made an appointment to work with Viglacera in the shortest time to learn more about cooperation opportunities.

Mr. Jeong Woo Jin, Deputy Ambassador, Consul General of the Korean Embassy in Vietnam expressed his confidence in the cooperation opportunities between Vietnam – Korea.

In addition to face-to-face meetings in conditions to ensure disease safety control, Viglacera also maintains regular online communication with foreign investors who cannot directly travel to Vietnam. Thanks to this dynamism and positivity, Viglacera Industrial Parks (Ips) have successfully attracted many new businesses with a total leased land area of nearly 40 hectares recently.

Up to now, Viglacera has developed 11 industrial parks in Vietnam and 1 economic zone in Cuba, attracting nearly $15 billion of FDI capital from more than 300 domestic and foreign enterprises, creating jobs for tens of thousands of workers in the area. Thanks to the favourable advantage of its location in many provinces, Viglacera IPs offer a variety of choices for investors, meeting the particular needs of business. All industrial zones have clean land and adequate, synchronous and modern infrastructure, ready to welcome businesses to rent and build factories.