Authorized economic operators accounts for 34.4% of the country’s total import and export turnover

VCN – According to the Customs statistics, in 2018 66 authorized economic operators (AEO) accounted for 34.4% of the country’s total import and export turnover (US$ 165 billion).
authorized economic operators accounts for 344 of the countrys total import and export turnover Vietnam Customs improve capacity for implementation of TFAs
authorized economic operators accounts for 344 of the countrys total import and export turnover Awarding decision on recognition of Regina Miracle International Vietnam as an AEO
authorized economic operators accounts for 344 of the countrys total import and export turnover Authorized economic operators are exempted from post clearance audit at customs office

authorized economic operators accounts for 344 of the countrys total import and export turnover

The conference on AEO program took place from 20th to 22nd February 2019. Photo: Q. H

This was information announced by the representative of Post Clearance Audit Department (PCA) under the General Department of Customs at the Conference on AEO program issued by the General Department of Customs in collaboration with Japanese Customs on the morning of 20 February 2019 in Hanoi

Also according to the PCA Department, enterprises joining the AEO program at the General Department of Customs were divided into 5 groups including import and export enterprises, agricultural product exporters, seafood exporters, hi-tech enterprises and Customs agents.

There are specific requirements for each group to be considered as an AEO.

For example, in order to be recognized as AEOs, hi-tech enterprises must be certified by the Ministry of Science and Technology.

On the other hand, import and export enterprises must reach a turnover of US$ 100 million or more to become an AEO.

At the beginning of February, 2019, total number of enterprises recognized as AEOs by the General Department of Customs is 66 units, in which there are 53 import and export enterprises, 10 seafood exporters and 1 hi-tech enterprise. There are not any Customs agents joining the AEO program.

Recently, the Ministry of Finance has issued Circular No. 07/2019/TT-BTC dated 28 January 2019, to amend and supplement some articles of Circular No. 72/2015/TT-BTC dated 12 May 2015, stipulating the application of priority regime in the Customs clearance, inspection and supervision for import and export goods.

Accordingly, amending and supplementing Article 19 on appraising conditions to apply the priority regime, and within 30 days from the date of receiving completed dossiers, the General Department of Customs appraises and concludes for AEO recognition.

For complicated cases that require consultation with concerned ministries and sectors, the appraisal time might be longer, but this does not exceed 30 days.

Regarding the application appraisal, the General Department of Customs shall check the completeness, legality and validity of enterprises and key projects (submitted according to the provisions of Clauses 1 and 2, Article 18 of this Circular); compare information provided by enterprises, information about enterprises from the tax authority and customs authority, where enterprises are headquartered and have export and import activities with the conditions on application of priority regime.

In the case when an application has not yet been completed as prescribed, within 5 working days after receiving a written application for the priority regime, the General Department of Customs shall send a written notice to the enterprise for additional submission.

authorized economic operators accounts for 344 of the countrys total import and export turnover LG Vietnam is certified as an Authorized Economic Operator

VCN- On July 24th 2017, authorized by the Director General of Vietnam Customs, Hai Phong Customs Department ...

If the enterprise does not meet the conditions when applying for the priority regime as prescribed, the General Department of Customs conducts a physical appraisal at the enterprise. The General Department of Custom’s physical appraisal at the enterprise includes: Comparing the physical inspection results with the enterprise's declared information; conducting PCA at the enterprise’s office to assess the compliance with the law if within the latest 24 consecutive months to the time the enterprise applies for AEO recognition, or the enterprise has not been inspected after customs clearance to assess compliance with customs laws and tax laws.

By Quang Hung/ Huyen Trang

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