Dong Nai Customs supports businesses to implement EVFTA to revive their production

VCN - Many key products in Dong Nai have opportunities to export to the EU when the EVFTA came into effect. Therefore, Dong Nai Customs Department has implemented many solutions to support businesses to take advantage of the incentives from the agreement, reviving export production activities in the area after the Covid-19 pandemic.
Dong Nai Customs accompany businesses through many support solutions Dong Nai Customs accompany businesses through many support solutions
Dong Nai Customs removes problems for Taiwanese businesses in analysis, classification and procedures for steel imports Dong Nai Customs removes problems for Taiwanese businesses in analysis, classification and procedures for steel imports
Complete examination of 60 containers of fined wood Complete examination of 60 containers of fined wood
4308-3442-5-3155-hinh-evfta
Leaders of Dong Nai Customs Department implement the EVFTA for enterprises.

Many opportunities for key items

According to Dong Nai Customs Department, in 2017-2019, Dong Nai's export turnover to the EU has grown and accounted for about 13% - 14% of businesses’ total export turnover in the area. Of which, export turnover in 2019 reached US$2.87 billion, up 6% compared to 2018.

In the first nine months of 2020, despite the Covid-19 pandemic, Dong Nai saw a trade surplus of US$1.34 billion into the EU. Of which, Dong Nai's export turnover to the EU hit nearly US$1.7 billion.

Items produced in Dong Nai for export to the European market are diverse, in which, the industries with export turnover account for a high proportion include: iron, steel and other metals accounting for more than 10%; and machinery, equipment and means of transport accounted for nearly 13%. Additionally, many agricultural products with potential in Dong Nai such as pepper, coffee, cashew nuts, and fresh fruits have a low proportion of exports to the EU, accounting for less than 5% of total export turnover to this market.

This showed there are many opportunities for businesses in Dong Nai to boost exports to the EU, especially agricultural products, footwear and textiles.

According to Dong Nai Customs Department, the use of incentives in the EVFTA to boost exports to the EU will revive export activities after the Covid-19 pandemic, and enhance competitiveness and the development of Vietnam’s export markets in general and Dong Nai province’s in particular.

Support businesses to implement EVFTA

Despite many opportunities, the EVFTA also brings challenges for Vietnamese enterprises if they want to take advantage of its incentives, including issues of rules of origin, trade remedies, technical barriers and product quality. Based on benefits and challenges of the EVFTA, when the agreement came into effect, Dong Nai Customs Department has gathered information materials on the EVFTA and translated them into Chinese, Korean and Japanese for foreign investors in Dong Nai.

In September, the unit held three seminars with more than 300 local import-export enterprises to provide detailed information related to the EVFTA. At these seminars, Dong Nai Customs Department specifically analysed the opportunities and challenges from the EVFTA and the regulations businesses need to comply with to enjoy tax incentives. The unit also answered many questions related to enjoying preferences when exporting goods to the EU.

Dong Nai Customs Department also said that in addition to providing information at conferences and seminars, other support channels have been ready to receive and answer questions from businesses. There are officials and civil servants in charge of directing the procedures for enterprises at every branch. Moreover, "Consulting on online customs procedures" on the Dong Nai Customs Department’ website has become a familiar information channel of the business community. Up to now, the unit has received and answered more than 23,000 questions from businesses.

Dong Nai Customs Department has implemented the Customs - Enterprise information exchange system, developed by Dong Nai Customs Department, allowing a quick, convenient and accurate two-way exchange of information to cut time and costs for businesses. The number of enterprises participating in the system as well as the number of their questions has increased. As of mid-September, more than 1,000 questions from enterprises have been handled and nearly 20,000 documents have been received and processed through the system with 1,640 enterprises participating.

By Nguyen Hien/ Ha Thanh

Related News

Southern Customs contributed many practical contents on customs supervision and control procedures

Southern Customs contributed many practical contents on customs supervision and control procedures

VCN - The contents related to the articles and clauses of the draft Decree amending and supplementing Decree 08/2015/ND-CP and the circulars have been specifically commented on by Southern Customs units based on practical experience.
Summary of Project A724p: Effectiveness from coordination work

Summary of Project A724p: Effectiveness from coordination work

VCN - Project A724p against drug crimes was implemented under coordination among four specialized agencies in charge of preventing drug crimes. The agencies arrested 10 suspects and seized 211 kg of various drugs.
Joint efforts to destroy many big drug crime rings

Joint efforts to destroy many big drug crime rings

VCN - The Department of Drug and Crime Prevention and Control (Border Guard Command); the Department of Drug-related Crime Investigation (Ministry of Public Security); the Department of Professional Affairs and Law (Coast Guard Command) and the Department of Anti-Smuggling Investigation (General Department of Customs) organized a conference among specialized agencies in charge of drug crime prevention and control at the central level in 2024.
Preliminary assessment of Vietnam international merchandise trade performance in the first 9 months of 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first 9 months of 2024

Highlights 1. According to trade statistics of Vietnam Customs, in September of 2024, a 8.0% downwards in total external merchandise turnover of Vietnam was recorded as compared to the result of August 2024. Exports went down 9.8 %, to USD 34.08 billion and imports decreased 5.9%, to USD 31.76 billion in terms of month-on-month basis. As a result, there was a USD 2.32 billion surplus in Vietnam’s trade balance in this month.

Latest News

Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

VCN - On November 21, 2024, more than 300 enterprises from Southern Vietnam with significant import-export (I/E) volumes participated in a workshop held in Ho Chi Minh City. The event, organized by the General Department of Vietnam Customs, sought feedback on the draft decree amending and supplementing Decree No. 08/2015/ND-CP dated January 21, 2015, and the draft circular amending and supplementing Circular No. 38/2015/TT-BTC dated March 25, 2015, and Circular No. 39/2018/TT-BTC dated April 20, 2018, issued by the Minister of Finance.
New Steering Committee to spearhead Customs Reform and Modernization

New Steering Committee to spearhead Customs Reform and Modernization

VCN - The General Department of Vietnam Customs has taken a decisive step toward transforming Vietnam's customs sector with the establishment of the Customs Reform and Modernization Steering Committee. The newly formed body is tasked with crafting strategies and guiding the sector's short-, medium-, and long-term reform and modernization efforts.
Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

VCN - On November 21, 2024, at the headquarters of the General Department of Vietnam Customs, Director General Nguyen Van Tho presided over the ceremony to announce the appointment of new leaders for the Customs Reform and Modernization Committee and the Anti-Smuggling Investigation Department.
Binh Duong Seaport Customs Branch supports and facilitates enterprises

Binh Duong Seaport Customs Branch supports and facilitates enterprises

VCN – Binh Duong Seaport Customs Branch (Binh Duong Customs Department) upgrades technology and modern equipment, creating conditions for businesses to clear goods quickly and effectively.

More News

Promoting Vietnam-Laos Customs cooperation

Promoting Vietnam-Laos Customs cooperation

VCN - On November 19, 2024, in Hanoi, Vietnam Customs held the Vietnam - Laos Customs Directors General Conference.
Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

VCN - Carrying out customs procedures for special imported goods, such as iron and steel, gasoline, Saigon Port Customs Sub-department, Region 3 is expected to generate large revenues, but the state budget revenue from these two items has decreased sharply.
Quang Nam Customs facilitates trade and increases revenue

Quang Nam Customs facilitates trade and increases revenue

VCN – Goods imported and exported across Quang Nam province’s border gates surges in the second half of the year. Quang Nam Customs Department has implemented solutions to facilitate enterprises, increasing the State revenue.
Quang Tri Customs: Revenue from imported coal plunges

Quang Tri Customs: Revenue from imported coal plunges

VCN - Coal and wood of all kinds are items that contribute greatly to the state budget revenue of Quang Tri Customs Department, but are fluctuating in a downward direction.
Closely control imported products traded via e-commerce

Closely control imported products traded via e-commerce

VCN – The General Department of Vietnam Customs has directed local customs departments to strengthen control and supervision for imported goods traded via e-commerce.
Mong Cai Customs sets new record in revenue collection

Mong Cai Customs sets new record in revenue collection

VCN - The Mong Cai Border Gate Customs Branch, under the Quang Ninh Customs Department, has set a new record for the highest state revenue collected to date.
Lao Cai Customs attracts over 100 new businesses for customs procedures

Lao Cai Customs attracts over 100 new businesses for customs procedures

VCN - Compared to the same period in 2023, the number of businesses handling procedures at Lao Cai border gate customs branch (under Lao Cai Customs Department) has grown by 109 companies.
Vietnam Customs attends WCO’s flagship conference

Vietnam Customs attends WCO’s flagship conference

VCN - The 2024 World Customs Organization (WCO) Technology Conference and Exhibition with the theme “Digital Frontiers: Customs Embracing Innovation with Traditional and New Partners” hosted by Brazil’s Secretariat of the Federal Revenue, took place from November 12-14, 2024 in Rio De Janeiro, Brazil.
Da Nang Customs joins efforts to establish free trade zone proposal

Da Nang Customs joins efforts to establish free trade zone proposal

VCN - The Da Nang Customs Department is actively collaborating with local authorities and agencies to develop a proposal for the Da Nang Free Trade Zone (FTZ), aiming to drive new economic growth for both the city and the wider region.
Read More

Your care

Latest Most read
Southern Customs contributed many practical contents on customs supervision and control procedures

Southern Customs contributed many practical contents on customs supervision and control procedures

VCN - Speaking at the workshop, Deputy Director General Au Anh Tuan emphasized that Decree 08/2015/ND-CP and Circular 38/2015/TT-BTC, issued since 2015, have basically created legal conditions for the Customs authority to carry out state management of cus
Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

More than 300 enterprises from Southern Vietnam with significant import-export (I/E) volumes participated in a workshop held by the General Department of Vietnam Customs in Ho Chi Minh City
New Steering Committee to spearhead Customs Reform and Modernization

New Steering Committee to spearhead Customs Reform and Modernization

The General Department of Vietnam Customs has taken a decisive step toward transforming Vietnam's customs sector with the establishment of the Customs Reform and Modernization Steering Committee
Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Director General Nguyen Van Tho presided over the ceremony to announce the appointment of new leaders for the Customs Reform and Modernization Committee and the Anti-Smuggling Investigation Department.
Binh Duong Seaport Customs Branch supports and facilitates enterprises

Binh Duong Seaport Customs Branch supports and facilitates enterprises

VCN - According to Binh Duong Seaport Customs Branch, the branch has processed import and export procedures for over 600 enterprises, up 41% compared to the same period of the year, with import and export turnover of US$431 million, up 12.3% year-on-year.
Mobile Version