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Philippines lifts tariffs on electric vehicles

Philippines lifts tariffs on electric vehicles

A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr has approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs, according to foreign media.
Circular on origin rules in EVFTA issued

Circular on origin rules in EVFTA issued

Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT on rules of origin in the European Union – Vietnam Free Trade Agreement (EVFTA).
EVFTA to sustainably boost Vietnam’s wood exports to EU

൲ EVFTA to sustainably boost Vietnam’s wood exports to EU

Vietnam and the European Union (EU) last week signed a landmark free trade deal that will slash tariffs on almost all goods, including wood and timber products. It is expected to give Vietnamese wood exporters better market access and more opportunities to expand their business.
Vietnam’s rubber exports drop in May

Vietnam’s rubber exports drop in May

Vietnam's rubber exports fell in May due to China’s changing policies and fears over the US-China trade war, a representative of the Vietnam Rubber Group (VRG) has said.
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