Hongkong Brokerages Are Very Optimistic About Vietnam's Factory Textile Stocks.

According to Credit Suisse's report, after the TPP reached a consensus, high quality clothing and footwear manufacturers will be on the high side.

The bank pointed out that although it is not directly benefited from cash,

It can improve the competitiveness of products and increase orders, and can promote cooperation with other brands.

Credit Suisse believes that

,

Tianhong textile, Yuyuan group and Virginia may benefit from the implementation of TPP.

But at the same time, the bank also mentioned that the downside risks are the laws of the production area, the different views on the industry protection system, and the complicated examination and approval procedures. The export of products may take a long time to wait for approval, or even fail to pass.

The TPP reported that it will become a catalyst for Vietnam's textile industry. It is expected that the Chinese textile enterprises that set up factories in Vietnam will benefit from it.

The bank's favored stock includes Tianhong textile and hyper surplus International.

Credit Suisse also said Vietnam is one of the main manufacturing export countries benefiting from TPP zero tariff. However, due to extensive discussions on TPP over the past years, the bank believes that the positive factors have long been reflected in its commodity prices.

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Following the tariff reduction of some import commodities in June last year, China has further expanded the scope of tax reduction of import commodities since January 1st this year.

Among them, part of the daily life consumer goods closely related to the daily life of the people is down by more than 50%.

Then, if the import tariff is lowered, will the import price of the special products be reduced immediately? The answer is not necessarily.

In addition to paying customs duties, overseas merchandise also involves value-added tax, consumption tax, urban maintenance and construction tax and expensive pportation costs.

Therefore, the effect of tariff reduction on the price of imported goods is more reflected in the psychological level, and the actual price reduction is not necessarily very obvious.

In addition, the tax rate was reduced, and the postal tax was paid through the postal channel "Hai Tao", which was not affected by this reduction.

Jinling customs introduced that at present, our customs has two taxation rules for imported commodities: one is the goods tax, which includes the purchase of foreign goods into China and the sale of goods by the enterprises, customs duties on them (excise duty), consumption tax and import value-added tax. The duty rate under this downward adjustment is this tariff; the other is goods imported or sent by individuals. According to the types of imported goods, customs offices charge 10%, 20%, 30% and 50% of postal tax respectively.

According to the announcement of the General Administration of Customs on tariff implementation plan in 2016, the 16 imported consumer goods, such as luggage, wool or cotton coats, Mao suit suits, scarves and blankets, will be subject to tax reduction.

After tax reduction, the provisional import tax rate for luggage and wool suit suits is 10%, the provisional import tariff for fur coats, scarves and blankets is 8%, the provisional import tariff of vacuum thermos cups is 12%, and sunglasses are 6%.

The provisional duty rate for household water filters, including household filter bottles, fell from 12% to 5%. This is good news for people who are increasingly concerned about the health of drinking water.