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At the end of the year, the number of import and export goods passing through the Vietnam - China border gate is increasing sharply. Along with facilitating the most favorable conditions for import-export businesses, the customs has implemented many measures to strictly control, monitor and prevent trade fraud, strictly handle violations, strengthen inspection, supervision of import and export goods and prevent loss of taxes. Grasping the sharp increase in import and export at the end of the year, customs has implemented many measures to achieve the highest efficiency of clearing customs situation as follows: Prioritizing the customs clearance of agricultural products. Shipments...

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...

 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...

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...

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...

The latest preliminary statistics of the General Department of Customs show that the total import and export value of Vietnam's goods in the period of second half of April 2023 (from 16th to 30th April, 2023) reached 26, $78 billion, an increase of 2.7% (equivalent to an increase of $702 million) compared to the results in the first half of April 2023.         The results achieved in the second half of April 2023 brought the total import-export value of the whole country in the four months of 2023 to reach US$ 206.76 billion, down 15.3% (equivalent to US$ 37.47...