Vietnam Leather Shoes Industry Will Benefit From The 15 Year Tax Reduction Plan

Vietnam's Ministry of Finance said that TPP, Vietnam - EU FTA, Vietnam - Korea FTA required Vietnam's exports of goods 60%~65%.

It must come from Vietnam.

Therefore, the Vietnamese government supplements the preferential policies for the implementation of enterprise income tax on supplementary industrial products to the Congress.

According to policy, enterprises should give priority to development.

The catalogue of new products will be implemented in 10% years within 15 years, and 4 years tax free and 9 years tax reduction 50%. For enterprises that invest in expanding products belonging to the catalogue of auxiliary industrial products, if they can meet any of the three indicators of the enterprise income tax law (32/2013/QH13), then preferential tax policies (including tax rates and tax reduction periods) can be enjoyed within the remainder of the project implementation.

In addition, in order to ensure that

Preferential policies are applied to the preferential production of auxiliary industrial products in order to give full play to competitive advantage, domestic production capacity, export potential and the ability to participate in the global production chain or to participate in the production chain of equipment and products for multinational enterprises. The Vietnamese government proposes to Congress that the indicators and principles of preferential development of preferential industrial products should be determined:

It is used for high-tech auxiliary industrial products according to the "high tech technology"; used for auxiliary products of the lathe, electronic spare parts and automobile machinery that Vietnam has not been able to produce or produce before January 1, 2015, but has not yet met the quality and technical standards; it is used for the products and accessories of textile and leather shoes which Vietnam has not been able to produce or produce before January 1, 2015, but has not yet met the quality and technical standards.

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According to recent reports in Pakistan media, the The Pakistan Tanners Association (PTA) and Pakistan Footwear Manufacturers Association (Pakistan Footwear Manufacturers Association, PFMA) have decided to jointly hold the first Pakistan leather exhibition in March 2015 (Pakistan Pakistan Tanners).

The exhibition will be held in Lahore, Pakistan's second largest city (Lahore).

The leather exhibition is a long - expected event in the Pakistan leather industry, a spokesman for the tannery Association said.

All major activities in the leather industry will be held in Lahore Convention and Exhibition Centre from 6 to 8 March 2015.

At this exhibition, Pakistan's tanneries, footwear, fur clothing, leather gloves and all kinds of leather products manufacturers will display their products nationwide.

The spokesman said the exhibition is expected to attract a large number of foreign buyers, media reporters and visitors from 20 different countries, including China, Italy, India, Germany, France, Turkey and South Korea.