The project aims to realise the strategy on exports and imports for 2011-2020, which targets an average annual export growth rate of 11% and keeping import growth below 10% from 2016-2020 while guaranteeing trade balances by 2020.
The project will apply tax and non-tax measures in compliance with commitments to the World Trade Organisation (WTO) and bilateral and multilateral free trade agreements (FTAs).
Vietnam will intensify the application of regulations on Technical Barriers to Trade (TBT), Sanitary and Phytosanitary (SPS) measures and safeguard measures.
Foreign trade management laws will be set up to ensure policy stability and unity as well as feasible regulations that facilitate enterprise operations.
The country will also comprehensively apply import management measures, evaluate the measures’ efficiency and abrogate unnecessary administrative procedures.
The project will apply tax and non-tax measures in compliance with commitments to the World Trade Organisation (WTO) and bilateral and multilateral free trade agreements (FTAs).
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Foreign trade management laws will be set up to ensure policy stability and unity as well as feasible regulations that facilitate enterprise operations.
The country will also comprehensively apply import management measures, evaluate the measures’ efficiency and abrogate unnecessary administrative procedures.
