The impact of China's accession to the WTO on Vietnam's goods exports - 17


Hungary

41

4.52

35

-6

Italy

42

4.46

38

-4

India

43

4.44

45

2

Kuwait

44

4.41

49

5

South Africa

45

4.36

40

-5

Cyprus

46

4.36

41

-5

Greece

47

4.33

47

0

Poland

48

4.30

43

-5

Bahrain

49

4.28

50

1

Indonesia

50

4.26

69

19

Croatia

51

4.26

64

13

Jordan

52

4.25

42

-10

Costa Rica

53

4.25

56

3

China

54

4.24

48

-6

Mauritius

55

4.20

55

0

Kazakhstan

56

4.19

51

-5

Panama

57

4.18

65

8

Mexico

58

4.18

59

1

Turkey

59

4.14

71

12

Jamaica

60

4.10

63

3

El Salvador

61

4.09

60

-1

Russian Federation

62

4.08

53

-9

Azerbaijan

64

4.06

62

-2

Colombia

65

4.04

58

-7

Brazil

66

4.03

57

-9

Trinidad and Tobago

67

4.03

66

-1

Romania

68

4.02

67

-1

Argentina

69

4.01

54

-15

Morocco

70

4.01

76

6

Philippines

71

4.00

73

2

Bulgaria

72

3.96

61

-11

Uruguay

73

3.96

70

-3

Peru

74

3.94

77

3

Guatemala

75

3.91

95

20

Algeria

76

3.90

82

6

Vietnam

77

3.89

74

-3

Ukraine

78

3.89

68

-10

Sri Lanka

79

3.87

80

1

Macedonia, FYR

80

3.86

75

-5

Botswana

81

3.79

72

-9

Armenia

82

3.75

81

-1

Dominican Republic

83

3.75

91

8

Namibia

84

3.74

79

-5

Georgia

85

3.73

86

1

Moldova

86

3.71

89

3

Serbia and Montenegro

87

3.69

85

-2

Venezuela

88

3.69

84

-4

Bosnia and Herzegovina

89

3.67

88

-1

Maybe you are interested!

The impact of Chinas accession to the WTO on Vietnams goods exports - 17



Ecuador

90

3.67

87

-3

Pakistan

91

3.66

94

3

Mongolia

92

3.60

90

-2

Honduras

93

3.58

97

4

Kenya

94

3.57

93

-1

Nicaragua

95

3.52

96

1

Tajikistan

96

3.50

92

-4

Bolivia

97

3.46

101

4

Albania

98

3.46

100

2

Bangladesh

99

3.46

98

-1

Suriname

100

3.45

n/a


Nigeria

101

3.45

83

-18

Gambia

102

3.43

109

7

Cambodia

103

3.39

111

8

Tanzania

104

3.39

105

1

Benin

105

3.37

106

1

Paraguay

106

3.33

102

-4

Kyrgyz Republic

107

3.31

104

-3

Cameroon

108

3.30

99

-9

Madagascar

109

3.27

107

-2

Nepal

110

3.26

n/a


Guyana

111

3.24

108

-3

Lesotho

112

3.22

n/a


Uganda

113

3.19

103

-10

Mauritania

114

3.17

n/a


Zambia

115

3.16

n/a


Burkina Faso

116

3.07

n/a


Malawi

117

3.07

114

-3

Mali

118

3.02

115

-3

Zimbabwe

119

3.01

110

-9

Ethiopia

120

2.99

116

-4

Mozambique

121

2.94

112

-9

Timor-Leste

122

2.90

113

-9

Chad

123

2.61

117

-6

Burundi

124

2.59

n/a


Angola

125

2.50

n/a


Source: The Global Competitiveness Report 2006-2007, WEF

Appendix 18: Ranking of ease of doing business according to 10 index groups of Vietnam (the lower the better)


Criteria

VN ranking

2005 (155 countries)

2006 (175 countries)

Ease of doing business

99

104

Business formation

82

97

Investment licensing

18

25

Use of labor

122

104

Property Registration

39

34

Access to credit

106

83


Investor protection

143

170

Pay taxes

107

120

Cross-border trade

83

75

Contract performance

102

94

Close the business

95

116


Source: Business Activity Report 2006, WB

Appendix 19: Awareness of Ho Chi Minh City's preparation for WTO accession


The results of a survey using a questionnaire to consult with leaders of district People's Committees, departments, businesses, university lecturers of economics and selected journalists in Ho Chi Minh City at the end of May 2003 on awareness of preparation for WTO accession in the city are as follows:

1. What is the correct full spelling of the abbreviation WTO: 100%

2. Correctly say which year the WTO was founded: 71%

Correctly state which organization is the predecessor of WTO: 86%

3. Why should Vietnam join the WTO:

a. Increased exports: 91%

b. Better attraction of FDI, better living standards: 57%

c. Being treated fairly: 54%

d. More legal convenience in dispute resolution: 34%

4. Disadvantages of joining the WTO:

a. Domestic competitive pressure increases, risk of bankruptcy of Vietnamese enterprises: 86%

b. Import tax collection decreased, affecting national productivity: 31%

5. Are the implementation of BTA and preparation for WTO accession related?

a. Yes: 100% (why: yes answer 50%)

b. No: 0%

c. Is the content of the BTA based on WTO principles: 54%

d. Implementing the Trade Agreement is a rehearsal for Vietnam to join the WTO: 37%

6. What has the Vietnamese government done to prepare for Vietnam's accession to the WTO:

a. Improving the legal framework in Vietnam: 60%

b. Restructuring state-owned enterprises: 43%

7. What has the Ho Chi Minh City People's Committee done to prepare businesses and people to join the WTO?

a. Propaganda on international economic integration: 42%

b. Administrative reform, improving management skills: 34%

c. Organizing many trade and investment promotion delegations abroad: 31%

d. Organizing regular dialogues between the city government and businesses: 28%

e. Human resource training: 29%

8. What should district People's Committees and Departments do to prepare for joining the WTO:

a. Creating a good legal environment for businesses to feel secure in production and business: 43%.

b. Human resource training for enterprises: 37%

c. Dissemination of information about WTO: 26%


9. What should businesses do to prepare to join the WTO:

a. Increasing investment and modernizing production: 51%

b. Access to international information: 29%

10. What should the Government and the People's Committee of Ho Chi Minh City do to prepare for joining the WTO:

a. Change Vietnam's laws accordingly: 57%

b. Training human resources to be capable of implementing WTO: 34%

c. Dissemination of information on WTO integration: 23%

11. What is dumping?

a. Selling below cost: 74%

b. Selling lower than the selling price in the country where the goods are produced: 17%

12. If Vietnam had been a member of the WTO, the US Catfish Association's lawsuit against Vietnam for dumping Pangasius and Tra fish would still have happened:

a. Still happening: 59%

b. Not happening: 41%

13. The three biggest opportunities for Vietnamese businesses when Vietnam becomes a member of the WTO:

a. Expanding export markets: 83%

b. Acquiring new technology to improve competitiveness: 63%

c. General legal protection and equal treatment: 29%

14. The three biggest difficulties for Vietnamese businesses when Vietnam becomes a member of the WTO:

a. Domestic competitive pressure increases sharply, risk of bankruptcy of Vietnamese enterprises: 100%

b. Technical infrastructure human resource level is not met: 40%

c. Lack of information about international law: 40%

Comments and summary: (by Mr. Nguyen Thien Nhan - Vice Chairman of Ho Chi Minh City People's Committee)

- Understanding of WTO (questions 1, 2, 5, 11, 12): relatively good, but not deep (question 12)

- Understanding of WTO benefits (3, 13): in the right direction, but not broad and deep enough.

- Understanding of disadvantages of joining the WTO (4, 14): in the right direction but not broad and deep enough.

- Understanding of how the Government has prepared (6): limited (40% did not answer)

- Understanding of how HCMC has prepared (7): limited (43% did not answer).

- Visualize the measures the Government and the city must take (question 10): limited (43% did not answer)

- Departments and districts must do (question 8): limited (57% did not answer)

- What businesses must do (question 9): also limited (49% did not answer).

Source: Ho Chi Minh City Institute of Economics


Appendix 20: Interpretation of Vietnam's average tariff commitment to the WTO



General and industry BQ


Current MFN tax rate

(%)

Committed tax rate upon joining WTO (%)

Committed tax rate at the end of the roadmap ( % )

Reduction compared to current MFN tax

(%)


China 's WTO Commitments

Overall tax cuts in the Round

Uruguay


Developed country

water

is playing

development


Agricultural products

23.5

25.2

21.0

10.6

16.7

40%

30%

attack

career

16.6

16.1

12.6

23.9

9.6

37%

24%

Shared

performance

17.4

17.2

13.4

23.0

10.1




Source: http://vnexpress.net/Vietnam/Kinh-doanh/Duong-vao-WTO/2006/11/3B9F0224/


Appendix 21: Summary of commitments to reduce import taxes in WTO accession negotiations for some important commodity groups



TT


Industry/Tax Rate

Commitment to WTO

Dr. MFN

Ts when joining

The last Ts

Time of execution

I

Some agricultural products






- Beef

20

20

14

5 years


- Pork

30

30

15

5 years


- Raw milk

20

20

18

2 years


- Finished milk

30

30

25

5 years


- Processed meat

50

40

22

5 years


- Confectionery (average tax rate)

39.3

34.4

25.3

3-5 years


Beer

80

65

35

5 years


Alcohol

65

65

45-50

5-6 years


Cigarettes

100

150

135

5 years


Cigars

100

150

100

5 years


Animal feed

10

10

7

2 years

2.

Some industrial products






- Gasoline

0-10

38.7

38.7



- Iron and steel (average tax rate)

7.5

17.7

13

5-7 years


- Cement

40

40

32

2 years


- Chemical fertilizers (average tax rate)

0.7

6.5

6.4

2 years


- Paper (average tax rate)

22.3

20.7

15.1

5 years


- TV

50

40

25

5 years


- Air conditioner

50

40

25

3 years


- Washing machine

40

38

25

4 years


- Textiles (average tax rate)

37.3

13.7

13.7

As soon as

join*


- Shoes

50

40

30

5 years


- Car






+ Vehicles from 2,500 cc and above, running on gasoline

90

90

52

12 years


+ Vehicles from 2,500 cc or more, 2-wheel drive type

90

90

47

10 years


+ Under 2,500 cc and other types

90

100

70

7 years


- truck






+ Type not exceeding 5 tons

100

80

50

10 years



+ Other current Ts types 80%

80

100

70

7 years


+ Other current Ts types 60%

60

60

50

5 years


- Auto parts

20.9

24.3

20.5

3-5 years


- Motorbike






+ Type from 800 cc and up

100

100

40

8 years


+ Other types

100

95

70

7 years



*Actually implemented according to textile agreement with US and EU

Source: http://vnexpress.net/Vietnam/Kinh-doanh/Duong-vao-WTO/2006/11/3B9F0224/

Comment


Agree Privacy Policy *