RESTORE OPERATIONS AT MUONG KHUONG BORDER GATE, LAO CAI

RESTORE OPERATIONS AT MUONG KHUONG BORDER GATE, LAO CAI

Lao Cai Provincial People's Committee has just decided to restore operations at Muong Khuong border gate in Muong Khuong district. It is expected that from 27th July, 2023, activities will be restored at the Muong Khuong border gate (Lao Cai, Vietnam) - Kieu Dau (China) to restore import-export activities through this border gate. In the coming time, Lao Cai Provincial People's Committee will assume the prime responsibility and coordinate with the forces involved in the management of Muong Khuong border gate to organize the restoration of import and export activities through this border gate. At the same time, the Management Board...

NEW EXPORT AND IMPORT TARIFF SCHEDULE UNDER DECREE NO.26/2023/ND - CP AND DECISION NO.15/2023/QD-TTg EFFECTIVE FROM 15TH JULY 2023

NEW EXPORT AND IMPORT TARIFF SCHEDULE UNDER DECREE NO.26/2023/ND - CP AND DECISION NO.15/2023/QD-TTg EFFECTIVE FROM 15TH JULY 2023

On 31st May, 2023: 1. The Government issued Decree No. 26/2023/ND-CP (Decree 26) promulgated the export tariff schedule, Most Favoured Nation (“MFN”) import tariff schedule, list of goods and absolute tariff, mixed tariff, out-of-quota tariff. 2.  The Prime Minister signed off Decision No. 15/2023/QD-TTg (Decision 15) promulgating the normal import tariff applied to imported goods. The new export and import tariff schedule will be effective from 15th July 2023. In Decree No. 26, three main groups of contents have been amended and supplemented, such as: Converting the export tariff schedule, Most Favoured Nation import tariff schedule, list of goods and absolute tariff, mixed...

PLAN FOR CHANGING REGULATION OF ON – THE – SPOT EXPORT AND IMPORT

PLAN FOR CHANGING REGULATION OF ON – THE – SPOT EXPORT AND IMPORT

On 29th May, 2023 the General Department of Customs has just issued Official Letter 2588/TCHQ-GSQL 2023 on commenting on the draft amendment and supplement to Article 35 of Decree 08/2015/NĐ-CP for on-the-spot export and import. 1. Currently, Customs procedures of on-the-spot exported and imported goods is regulated as Article 35 Circular 08/2015/NĐ-CP dated 21st January, 2015: Article 35. Customs procedures that must be followed by on-the-spot exports and imports 1. On-the-spot exports and imports shall include: a) Those produced in Vietnam under contract manufacturing arrangements and sold to Vietnamese organizations or individuals by overseas ones; b) Those traded under the sale and purchase contract between...

SOME NEW POINTS IN NEW CIRCULAR 33/2023/TT-BTC ABOUT ORIGIN CARGO (REPLACE: 38/2018/TT-BTC)

SOME NEW POINTS IN NEW CIRCULAR 33/2023/TT-BTC ABOUT ORIGIN CARGO (REPLACE: 38/2018/TT-BTC)

On 31st May, 2023, the Ministry of Finance issued Circular 33/2023/TT-BTC about the regulations the origin of exported and imported cargos. Circular 33/2023/TT-BTC officially takes effect from 15th July, 2023 and will replace the following Circulars: 38/2018/TT-BTC  about checking origin cargo 62/2019/TT-BTC  update circular 38/2018/TT-BTC  47/2020/TT-BTC  about time to submit CO in Covid time 07/2021/TT-BTC about time to submit CO from EU The regulation of origin of exported cargos: Article 5. Declare Origin of export cargo on the CD 1. Declare Origin of cargo with Description of Goods          Origin Vietnam: Description of Goods#&VN          Other country Origin: Description of Goods#&(country)      ...

APPLYING NORMAL IMPORT TAX RATE TABLE FOR IMPORTED GOODS FROM 15TH JULY 2023

APPLYING NORMAL IMPORT TAX RATE TABLE FOR IMPORTED GOODS FROM 15TH JULY 2023

The Deputy Prime Minister has just signed Decision 15/2023/QĐ-TTg stipulating the application of normal tax rates for imported goods as following Point c, Clause 3, Article 5 of the Law on Import Tax and Export Tax. Decision 15/2023/QĐ-TTg takes effect from 15th July, 2023. Subjects of application include: Owners of imported and exported goods; Organizations and individuals have rights and obligations related to imported and exported goods activities; Customs authorities, customs officers; Other agencies, organizations and individuals when implementing export tax and import tax policies in accordance with the Law on Import Tax and Export Tax. The new normal tax rates in the...

FIRST ALL-CARGO AIR SERVICE BETWEEN VIETNAM, UK LAUNCHED

FIRST ALL-CARGO AIR SERVICE BETWEEN VIETNAM, UK LAUNCHED

TT Meridian, a leading international logistics and trading company specialising in the UK and Vietnam markets, on May 19 announced a new all-cargo air route between the UK and Vietnam via Turkmenistan.                                                                                           Turkmenistan Airlines cargo plane at London Stansted Airport is about to fly back to Vietnam, transiting Turkmenistan The new route, announced by the company on May...

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