New customs policies introduced to Japanese firms
Japanese businesses were updated on Vietnam’s new taxation and customs policies at a dialogue held in southern Binh Duong province on April 3, which is expected to smooth the way for their operations.
The event was jointly organised by the provincial Department of Customs, the Vietnam Chamber of Commerce and Industry in Ho Chi Minh City and the Association of Japanese Businesses in Binh Duong.
Customs officials explained in detail new points of the new Law on Customs, which took effects as from January 1, 2015, and pointed to common mistakes that businesses often made in using digital signature and declaring customs formalities.
Representative from the Japanese Consulate in Ho Chi Minh City Miyake Taek appreciated the initiative to organise the dialogue, saying that she hopes similar events will be held in the future, bringing practical benefits to enterprises.
Japan is now the largest foreign investor in Binh Duong province, with more than 255 projects worth almost US$4.7 billion.
Previously, Binh Duong’s Department of Customs also hosted a similar dialogue with over 140 businesses from the Republic of Korea operating in the locality.
Customs officials explained in detail new points of the new Law on Customs, which took effects as from January 1, 2015, and pointed to common mistakes that businesses often made in using digital signature and declaring customs formalities.
Representative from the Japanese Consulate in Ho Chi Minh City Miyake Taek appreciated the initiative to organise the dialogue, saying that she hopes similar events will be held in the future, bringing practical benefits to enterprises.
Japan is now the largest foreign investor in Binh Duong province, with more than 255 projects worth almost US$4.7 billion.
Previously, Binh Duong’s Department of Customs also hosted a similar dialogue with over 140 businesses from the Republic of Korea operating in the locality.