JD Airlines has just launched its first international cargo route connecting China and Vietnam to serve cross-border e-commerce needs. The new route is cooperated with aviation services company CSAA and will operate three times per week using Boeing 737-800BCF aircraft. In China, the service will operate to Shenzhen, while in Vietnam the service will be at Ho Chi Minh City. JD Airlines is formerly known as JD Logistics Airlines received an air transport certificate from the Civil Aviation Administration of China (CAAC) last September. With the launch of its first flight between Shenzhen and Ho Chi Minh City, JD Airlines remains committed to...
KOREAN AIR WILL FULLY TRANSIT TO ELECTRONIC AIR WAYBILLS IN THE UPCOMING TIME
Korean Air is beginning to move towards electronic air waybills (e-AWB) for all shipments to create efficiencies in the shipping process. The carrier said that initially e-AWBs would replace paper documents for general cargo departing from Korea bound for North America, Europe, Japan and “other select markets”. The airline will mandate e-AWB for Korea-outbound cargo starting from January 2024, and plans to expand the digital transition for all Korean Air Cargo departing from all global stations in due course. Whereas paper air waybills require in-person visits for documentation, printing, and submission, the digital transition will streamline the entire process from reservations to...
APPLE HAS COMPLETED MOVING OF 11 FACTORIES PRODUCING AUDIO-VISUAL EQUIPMENT TO VIETNAM
Apple Corporation has completed moving of 11 factories producing audio-visual equipment to Vietnam. This is a great opportunity for Vietnamese Enterprises to participate in the Apple's global supply chain as providing components and equipment for Apple's manufacturing factories. The completion of moving 11 factories to Vietnam is expected to increase Apple's demand to coordinate with domestic enterprises that have the qualifications and standards to participate in Apple's value chain. At the same time, Apple will also actively consider increasing the number of domestic suppliers and increasing the use of domestic services and goods in Apple products in the near future. However, being...
THE MINISTRY OF FINANCE PROPOSED AN ALTERNATIVE POLICY WHEN ABOLISHING ARTICLE 35 ABOUT SPOT IMPORT AND EXPORT
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...
LAUNCHING OF ASEAN TARIFF FINDER
The Secretariat of the Association of Southeast Asian Nations Asia (ASEAN) in collaboration with the Indonesian Ministry of Trade and the Australian Government launched ASEAN TARIFF FINDER on 19th August 2023 of the 55th ASEAN Economic Ministers Meeting (AEM). ASEAN TARIFF FINDER is an online portal that provides information in English on customs tariffs and taxes, origin regulations and import regulations of more than 160 countries. ASEAN TARIFF FINDER also provides detailed information on Most Favored Nation (MFN) tariff, import quotas and preferential taxes for all types of goods originating from ASEAN member countries, as well as additional taxes on import. In addition,...
UPDATE REGULATION OF ON – THE – SPOT EXPORT AND IMPORT AFTER OFFICIAL LETTER 2587/TCHQ-GSQL 2023
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...