European UnionVietnam Removal of Vietnam from the Generalised System of Preferences (GSP) scheme 18 January 2023257 views1 min read When a country enters into a bilateral trade agreement with the EU, it can no longer benefit from the unilateral GSP scheme. Vietnam and the EU entered a bilateral trade agreement on 1 August 2020 and following the transition period, Vietnam was removed from the GSP scheme on 1 January 2023. Source Revenue.ie Customs Comments on ECJ C-677/21: Concept of ‘economic activity’ – Charging by the competent distribution network operator for illegally consumed electricity Actionable VAT Policy Gap in Europe