EVFTA is valid, is GSP still applied?

Question: EVFTA is valid, is GSP still applied?

Answer:  

EVFTA and GSP will be applied as below:

The first 2 years from the effective date of EVFTA:   + Parallel application of EVFTA and GSP
+ Applying EVFTA:  C / O form EUR 1
+ Apply GSP:  Self-certification according to REX of EU,  
Next 5 years: + Apply GSP tax in case GSP tax is smaller than EVFTA tax
+ Apply rules of origin in EVFTA  
After 7 years:   + Apply fully EVFTA

Source:  Lecture of Ms. Hien – Import and export Department MOIT dated 26 Aug 2020

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