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The General Department of Customs has just issued a official letter no 6087/TCHQ-GSQL answering questions about the issue of customs procedures for temporary import and re-export after ending the rental period. Currently, some companies are facing difficulties with customs procedures for rented goods from foreign companies that have ended for temporary import and must be re-exported but are designated  delivery to other companies in Vietnam for renting by foreign companies. Faced with the above difficulties, the General Department of Customs has clearly noticed that in this case, the goods must be re-exported and returned to foreign companies according to the Regulation of...

From now until the end of the year, the Customs sector will focus resources to facilitate trade, support businesses in import and export, strictly control tax collection and prevent loss of state budget, ... to complete target of state budget of the Customs sector in 2023 through the following specific methods: 1. Focus on promoting administrative procedure reform; focus on resolving difficulties for businesses promptly; create favorable conditions for businesses to develop stably and firmly, attract investment and promote economic growth in order to create a premise for increasing state budget. 2. Along with creating favorable conditions for businesses, customs continues to increase...

Israel’s Civil Aviation Authority (CAA) has said international flights continue to operate to and from Israel following attacks on the country by Hamas over the weekend. The CAA said that currently “the Israeli airlines are operating as usual”. The organisation added that currently “there are still international flights to and from Israel by many airlines”. However, a number of airlines worldwide have cancelled or delayed flights in response to the situation, and cargo carriers have warned of potential disruption to shipments. FedEx said on its website on October 9: “In light of the events unfolding in Israel, our inbound and outbound flights...

 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...

Based on the nature of the transaction of goods, the Ministry of Finance recently sent a report to the Government proposing alternative policies when customs procedures are not carried out for spot import and export activities specified at Point c, Clause 1, Article 35 of Decree No. 08/2015/ND-CP as below. Case 1: The Enterprise is not an EPE company: If there happens the import – export trading under the direction of a foreign trader without presence in Vietnam, it can be converted into an EPE Company. Because according to the current Law, the exchange of goods between the domestic and EPE Company...

On 8th August 2023, The General Department of Customs has issued Official Letter 4146/TCHQ-GSQL 2023 to answer questions of Associations and Enterprises related to on-the-spot export and import after issuing Official Letter 2588/TCHQ-GSQL 2023. Based on the provisions of the Commercial Law, the Law on Foreign Trade Management, and the transactional nature of the goods, the exported or imported goods must be brought out/into the Vietnamese territory or brought out/into the customs area. But to on-the-spot export and import activities, goods are bought and sold within the domestic market and there is no movement of goods out of the border of...