The amount of scrap imported into Vietnam is likely to rise considerably, the Ministry of Finance has warned.
The import of scrap to use as material for production through road and railway border gates will be banned in Vietnam from February 22, according to a circular freshly issued by the Ministry of Industry and Trade.
As many as 158 individuals and organisations have been found illegally importing scrap into Vietnam as they are not certified to carry out such activities.
Minister of Industry and Trade Tran Tuan Anh has issued a directive on enhancing State management of scrap imports in order to implement the Prime Minister’s guidelines on strengthening the management of the import and use of scrap.
The General Department of Vietnam Customs will study and submit to the Ministry of Finance a proposal to the Government to restrict imports of scrap materials and move towards a ban on scrap imports to Vietnam.
The volume of second-hand products imported into Vietnam has rocketed in recent times, announced officials at a press conference on the management of waste imports, organized on July 30 by the General Department of Vietnam Customs.
Business associations have voiced their support for stricter management of scrap imports, but they also underlined the need to continue importing these goods to serve domestic production.
Illegal scrap importers will face prosecution as part of the efforts to prevent massive scrap imports to Vietnam, said Prime Minister Nguyen Xuan Phuc at a meeting on July 25.
An increasingly larger quantity of imported scrap has overloaded several seaports in Ho Chi Minh City, which has become an ‘alternative destination’ for the waste dumping after China ceased buying it earlier this year.