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Rules of product origin in CPTPP: Businesses should be mindful

by VTV406 March 2019 Last updated at 10:04 AM

VTV.vn - There are only three days left until Circular 03 of the rules of product origins in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) issued by the Ministry of Industry and Trade takes effect.

This Circular promises to bring many benefits to export businesses from the 10 countries in the trade pactBut to take advantage of this agreement, businesses will have to strictly comply with the regulations regarding the origin of their products.

The Ministry of Industry and Trade also emphasized that in recent years, many products exported from Vietnam are being investigated, due to suspicion of using fake origins to enjoy tax incentives. That's why businesses need to follow strict rules and avoid being investigated. It affects the entire industry.

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