The General Department of Customs will focus on cracking down origin frauds and illegal transshipment as violations are becoming more rampant and complex as Vietnam integrates more deeply into the global economy.
Tax policies are being specified while customs procedures simplified to improve the legal framework to facilitate the European Union – Vietnam Free Trade Agreement (EVFTA) enforcement.
Vietnam has no regulations on criteria for goods to be labeled ‘made in Vietnam’, so consumers have no basis to distinguish ‘made in Vietnam’ and foreign-made products.
VOV.VN - Some 300 goods are expected to enjoy preferential tariffs under a pending decree detailing tariff cuts under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Vietnamese are buying cars and motorbikes like there's no tomorrow.
VOV.VN - Vietnam’s clothing and textiles industry has recorded average annual growth of 15% over the past five years and experts anticipate this trend to continue in the near term with gross export revenue reaching a record high US$30 billion by 2020.
Non-tariff measures included in free trade agreements (FTAs) were the highlight of a seminar held in central Danang city on October 29.
The national one-door customs mechanism was officially launched at ports in five localities, namely Quang Ninh, Haiphong, Danang, HCM City and Ba Ria-Vung Tau on May 6.
(VOV) -The Mekong Delta province of Tien Giang's six-month total exports were US$621 million, fulfilling more than 53.1% of the set target for 2014.
(VOV) - African and Middle Eastern countries are potential markets having a high import demand for food, agricultural, seafood and consumer products that are Vietnam’s strengths.
(VOV) - Vietnam should take advantage of free trade agreements (FTAs) signed with foreign countries to achieve its set target of 10-percent export growth in 2013.