WTO and International Trade Center (WITC)

Activities

On May 29, 2013, WTO center-VCCI sent comment on negotiation positions on opening the investment and services market in EVFTA and Vietnam-EFTA to the Ministry of Industry and Trade. More

On May 27, 2013, WTO center sent Letter updating news on TPP and providing recommendation on actions for enterprises and business associations. Download the document here:

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On April 16, 2013, VCCI sent comment on negotiation positions on list of non-conforming measures in TPP to the Ministry of Industry and Trade. Accordingly, VCCI's main position is liberlization and opening investment and services market in TPP. However, it is necessary to protect public services which are ignificant to communities and environment.

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Ministry of Justice is preparing Project on dispute settlement between the Government and foreign investors and collected opinions from concerned agencies and VCCI on this issue. WTO center sent 2 consultations on December, 2011 and February, 2013 respectively to the Ministry of Justice in which VCCI supposed that this issue is very important and necessary. VCCI also gave comments on some certain specific regulations.

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To prepare for the second round of Vietnam-EU free trade agreement negotiation, Ministry of Finance collected opinions from enterprise community on goods market opening in this agreement.Comment of the WTO center sent to the Ministry of Finance on Vietnam's first tariff offer in Vietnam-EU free trade agreement (EVFTA) on January 13, 2013. 

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Consultation of WTO center sent to the Ministry of Finance on Vietnam's first tariff offer in Vietnam-EU free trade agreement (EVFTA) on January 13, 2013. 

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To implementing the Decision No. 06/2012/QĐ-TTg issued on January 20, 2012 by the Prime Minister on consultation with Business Community on international trade negotiation, WTO Center under the Vietnam Chamber of Commerce and Industry (VCCI) made an Action Plan to business associations. On this document, the business associations are recommended to develop a Sector Strategy. The Strategy will provide important basic data and information on drafting recommendation and proposal on sector’s negotiation strategy.

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Implementing the Decision 06/2012/QĐ-TTG of the Prime Minister on Consulting the business community about international trade negotiations, following other Recommendations on TPP specific issues, the WTO Center of VCCI has studied and made a Recommendation on negotiating IP Chapter in TPP.

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“Rules of origin” is one of important issues in TPP negotiations. According to leaked information, the US is proposing a strong “rule of origin”, which is not favourable for Vietnamese exports which depend greatly on imported materials. If the US proposal is accepted in TPP, it will be very difficult for Vietnamese exports to meet requirements to be considered as “originated" and then, to get preferential tariff treatment in TPP.

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In the framework of the VCCI policy advocacy program on TPP negotiating strategies, VCCI has drafted a Recommendation of Vietnamese business community on negotiating strategies of the Labour and Dispute Settlement Chater in TPP. In order to make this Recommendation truly reflect the interests of the Vietnamese economy in general and related subjects in particular, the Committee on International trade policies of VCCI is making a survey to get business community opinions about this Recommendation.

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