SWITZERLAND OFFICIALLY WAIVE IMPORT TAXES OF INDUSTRIAL GOODS

SWITZERLAND OFFICIALLY WAIVE IMPORT TAXES OF INDUSTRIAL GOODS

From 1st January 2024, industrial goods are officially waived import taxes when imported to Switzerland from all of the countries over the world. This is an important trade policy, implemented by this country after many years of research and preparation In Switzerland, industrial goods include intermediate inputs to the production process such as raw materials, semi-finished products, machinery and equipment, salt and industrial salt, as well as consumer goods such as automobiles, household appliances, clothes, shoes,... The waiving of import taxes of industrial goods does not change the customs clearance process. Importers still have to declare imports and pay other fees and...

THE ISSUANCE OF HARD COPY OF C/O FORM AI FOR EXPORTING GOODS IN ASEAN-INDIA TRADE IN GOODS AGREEMENT (AITIGA)

THE ISSUANCE OF HARD COPY OF C/O FORM AI FOR EXPORTING GOODS IN ASEAN-INDIA TRADE IN GOODS AGREEMENT (AITIGA)

Following Notice No. 1089/XNK-XXHH of Agency of Foreign Trade (AFT) on the issuance of electronic C/O for 11 C/O forms E, AI, AJ, AANZ, AHK, RCEP, S, VC, VJ, VN-CU and CPTPP which were announced to you in KEN NEWS on 2nd January 2024, AFT issued Notice No. 14/TB-XNK to announce the issuance of C/O form AI under the framework of the ASEAN-India Trade in Goods Agreement (AITIGA) for Vietnam's exported goods as follows: At the request of Indian customs authorities, the C/O issuing organizations continue to issue hard copies of C/O form AI for goods exported to AITIGA’s member countries. After...

BORDER GATE SITUATION NEAR LUNAR NEW YEAR IN VIETNAM

BORDER GATE SITUATION NEAR LUNAR NEW YEAR IN VIETNAM

As Tet is approaching, import and export are also bustling through Vietnam - China border gates especially Lang Son and Lao Cai border gates. The number of vehicles clearing import and export have been increasing sharply these day because at this time domestic businesses promote export activities of Tet goods. At the same time, domestic manufacturing businesses also increase the import of consumer goods, products, machinery components,... to serve production at the end of the year and near Tet. In Lang Son, the number of vehicles clearing import and export through 6 road border gates: Huu Nghi, Chi Ma, Tan Thanh, Coc...

OVERVIEW OF SOME NOTABLE POINTS OF CUSTOMS REGULATIONS IN 2023

OVERVIEW OF SOME NOTABLE POINTS OF CUSTOMS REGULATIONS IN 2023

When Lunar New Year (Tet Holiday) is coming closely, Customs Department is also managing strictly to confine smuggling and trade fraud. So we are so pleased to provide you about overview of some notable of customs regulations in 2023 based on cases Ken handed as following. Please kindly refer customs regulations we provied to ensure that you company will comply right regulations, avoid fines and always have smooth import – export activities. We hope that the provided information will be helpful to your side and we will strive to provide you useful information related to logistics in the future. CUSTOMS REGULATIONS No. Field Circular No. Content 1 EPE (EXPORT PROCESSING...

ISSUING ELECTRONIC FORMS WITH 11 TYPES OF CERTIFICATE ORIGIN (EFFECTIVE FROM 1ST JANUARY 2024)

ISSUING ELECTRONIC FORMS WITH 11 TYPES OF CERTIFICATE ORIGIN (EFFECTIVE FROM 1ST JANUARY 2024)

Starting from 1st January 2024, the Ministry of Industry and Trade (MOIT) will apply electronic C/O forms for 11 forms such as E, AI, AJ, AANZ, AHK, RCEP, S, VC, VJ, VN-CU and CPTPP. Excepting C/O forms such as EUR.1 (EVFTA), EUR.1-UK (UKVFTA), EAV and some specific cases with forms E, AI granted for exporting to Thailand. Because the C/O will be issued as electronic forms, businesses may not have to submit a hard copy. But in case of necessity, businesses will print the C/O according to the instructions of the MOIT.

SITUATION OF CARGO VESSELS AFTER OCCURRING ATTACKS IN THE RED SEA

SITUATION OF CARGO VESSELS AFTER OCCURRING ATTACKS IN THE RED SEA

On 15th and 16th December 2023, on the Red Sea – out side of Suez Canal have attacks on ships of Hapag-Lloyd and Maersk. Therefore, four major shipping companies, including Denmark's Maersk, Germany's Hapag-Lloyd, Switzerland's MCS and France's CMA CGM, have temporarily suspended operations across the Red Sea. The Red Sea has the Suez Canal at its northern and the narrow Bab el-Mandeb strait at its southern, leading into the Gulf of Aden. It is a busy maritime route with ships passing through the Suez Canal to transport goods between Asia and Europe. Therefore, the Bab-el-Mandeb Strait along with Egypt's Suez...

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