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 Issues related to re-processing as below: A re-processing company performed re - processing for processing company (who have processing contract with overseas) but was fined for penalties becauce they did not report the processing to customs before. The re - processing was entrusted to an EPE company, but issues were raised due to the equipment was deliveried in the factory before customs permission. So, we are pleased to provide related laws for your reference to avoid doing wrong customs regulations about re-processing and do not get penalties. Below are Official Dispatch No. 2687/TCHQ-TXNK related to customs regulations about re-processing: 1. Goods imported for further...

Vietnam - Korea have just signed a Joint Statement on technical connection of EODES Electronic Origin Data Exchange System, supporting the transmission and reception of Certificate of Origin (C/O) data through the EODES system between the two countries effective from 1st July 2023. The transmission and reception of Certificate of Origin (C/O) data through the EODES system between Vietnam and Korea speeding up the process and procedures for issuing C/O in the exporting country as well as customs clearance of goods based on electronic C/O data to get the VKFTA and AKFTA tariff preferences in the importing country, reducing the pressure...

In addition to connecting the National Single Window, the General Department of Customs is coordinating with relevant ministries and agencies in connecting the Single Window with partners inside and outside the ASEAN region. As the Standing Agency of the National Steering Committee on ASEAN Single Window, National Single Window and Trade Facilitation (Steering Committee 1899), the General Department of Customs has been urging and closely working with ministries and agencies to implement the National Single Window, the ASEAN Single Window, and ASEAN Trade Facilitation. Accordingly, the General Department of Customs has mobilized resources to build a master plan for developing an information...

Mr. Nguyen Thanh Son, Head of Finance and Administration Department, Office of the General Department of Customs was appointed to hold the position of Deputy Chief of the Office of the General Department of Customs. On May 4, under his authorization, Deputy Director of the General Department of Customs Nguyen Van Tho chaired the ceremony to announce and hand over the appointment decision to Mr. Nguyen Thanh Son. At the ceremony, the representative of the Personnel and Organization Department (General Department of Customs) announced the decision on the appointment of officers. Previously, on April 28, the Director General of the General Department of...

These days, Vietnam's customs conducts strict inspection of imported shipments (especially from Korea, China, ...) on the matter of labeling of goods. The improper labeling of goods has caused delays in the import clearance procedures. In that case, the business will also be subject to some form of administrative sanction. We are pleased to provide one sample of the correct original label of goods as below:                                                                       ...

The Customs’ revenue in the first quarter 2023 saw a year-on-year decrease of 17% The turnover and revenue from import and export activities plunged in the first quarter of 2023. According to the General Department of Vietnam Customs on April 3, the revenue from imports and exports in March reached VND33,476 billion. In the first quarter, the Customs sector’s revenue decreased by 17% to VND 91,267 billion compared with the previous year, meeting 21.5% of the estimate. In the month, the total trade in goods is estimated to increase by 18.6% to US$ 58.49 billion compared with a month ago. The export turnover and...