The free trade agreements have a common goal of reducing or eliminating tariffs in accordance with the roadmap agreed in each FTA for a majority of the 9,578 tariff lines in the import tariff table so as to reach a common tariff between 0% and 5%. Businesses that depend on importing or exporting goods will realize preferential tariff rates when engaging in trade with business partners located in FTA jurisdictions.
Read an August 2016 report [PDF 372 KB] prepared by the KPMG member firm in Vietnam
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