Ministry of Finance cooperates with other ministries to reform specialized inspections

VCN- Recently, in the written response to the recommendations of the Presidium of the Central Committee of the Vietnam Fatherland Front, the Ministry of Finance said that, as a focal point, the Ministry continued to actively coordinate with other ministries to implement many solutions to reform the specialized inspections under the Prime Minister's Decision 2026 / QD-TTg.
ministry of finance cooperates with other ministries to reform specialised inspection Already has “judge” to handling the overlap in specialized inspection
ministry of finance cooperates with other ministries to reform specialised inspection Over 70,000 items subject to specialized inspection
ministry of finance cooperates with other ministries to reform specialised inspection Businesses raise problems in specialized inspection
ministry of finance cooperates with other ministries to reform specialised inspection
Officials of Customs Branch of North Thang Long Industrial Park inspect import and export goods. Photo: N.Linh

Specifically, the Ministry of Finance gave comments on projects on elaboration of legal documents related to specialized management and inspections developed by ministries and sectors.

In addition, the Ministry of Finance has actively reviewed the legal provisions on management and specialized inspections, thereby promptly detecting inadequacies and problems; gathered comments of specialized units of the ministries and sectors to amend and supplement the regulations on specialized management and inspections or give comments to promptly guide the customs departments and enterprises for consistent implementation.

Thereby, many documents have been amended, supplemented or promulgated towards facilitating enterprises. Specifically, ministries and sectors have amended and supplemented 84 of 87 legal documents on specialized inspections as required in Decision 2026 / QD-TTg. In addition, according to statistics of Customs, the ministries and sectors have cut 12,600 items (from 82,698 items in 2015 to 70,087 items) subject to specialized inspection before customs clearance.

In 2019, the Ministry of Finance (General Department of Customs) has chaired and coordinated with a number of ministries and sectors to review the specialized inspection law and tasks of specialized inspection reform under the direction of the Prime Minister in Decision No. 1254 / QD-TTg dated September 26, 2019, approving the Action Plan to promote the National Single Window, ASEAN Single Window, specialized inspection reform and trade facilitation for the period of 2018-2020; reviewing and applying HS codes for the List of goods subject to specialized inspections of ministries and sectors. At the same time, reviewing overlapping items in specialized inspection and subject to many procedures and forms in specialized management and inspection.

In parallel, the Ministry of Finance is actively deploying many solutions such as: completing the Decree on implementation of administrative procedures under the National Single Window, ASEAN Single Window and specialized inspection for import and export goods; building the National Trade Information Portal (VTIP); completing the content of customs guarantee; drafting a scheme on e-commerce management for import and export goods.

ministry of finance cooperates with other ministries to reform specialised inspection Specialized inspections are slow to change

VCN- That is the comment of the Minister cum Chairman of the Office of Government, Mr. Mai ...

Currently, ministries and sector are implementing comprehensive reforms of specialized inspections for import and export goods (eliminating the overlapping regulations in specialized inspection activities; reviewing and reducing the list of goods subject to specialized inspection; promulgating a list of goods subject to specialized inspection together with HS codes; promulgating standards and regulations for goods subject to specialized inspection).

By Ngoc Linh/ Huyen Trang

Related News

Counterfeit goods in small e-commerce parcels challenge enforcement agencies

Counterfeit goods in small e-commerce parcels challenge enforcement agencies

VCN - The rapid growth of e-commerce has introduced significant challenges for authorities dealing with counterfeit goods. Counterfeit products, often concealed in small parcels sent through e-commerce channels, have become a prominent issue for enforcement agencies.
Search for owners of 59 containers of backlogged machinery and equipment at port

Search for owners of 59 containers of backlogged machinery and equipment at port

VCN - 59 containers of imported goods through Phuoc Long ICD port have not been carried out customs procedures for many months, the Customs has counted and searched for the owners of these shipments.
Budget revenue is about to be completed for the whole year estimate

Budget revenue is about to be completed for the whole year estimate

VCN - After 10 months of 2024, the budget collection progress has almost completed the assigned estimate for the whole year. From now until the end of the year, the entire Finance sector is striving to achieve the revenue exceeding the set target.
GDVC gets feedback from Vietnam Logistics Business Association

GDVC gets feedback from Vietnam Logistics Business Association

VCN - On the afternoon of November 8, 2024, Deputy Director General of the General Department of Vietnam Customs Au Anh Tuan worked and got feedback from representatives of the Vietnam Logistics Business Association related to legal policies and orientations for the development of the customs broker system.

Latest News

Many shortcomings in process and manual book on handling administrative violations

Many shortcomings in process and manual book on handling administrative violations

VCN - Legal policies on handling administrative violations have effectively supported the technical work of the Customs sector. However, some legal bases and regulations have been amended, replaced, and supplemented, which have limited the efficiency of handling administrative violations of the customs sector.
Implementing the SAFE Framework in Vietnam: Lessons from practice

Implementing the SAFE Framework in Vietnam: Lessons from practice

VCN - The Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework) is a strategic international instrument introduced by the World Customs Organization (WCO) to enhance security and trade facilitation in global supply chains. It contributes significantly to the economic development of the 21st century.
Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

VCN - Recognizing the significance, impact, and benefits of the SAFE Framework in customs modernization and reform, Vietnam Customs is advancing the implementation of SAFE. This involves both capacity building and phased deployment aligned with Vietnam Customs’ development strategy and practical needs.
Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

VCN - The Ministry of Finance said that the abolition of regulations on tax exemption for imported goods valued at less than VND1 million must comply with international practices in the context of the growing trend of cross-border e-commerce activities.

More News

Policy adaptation and acceleration of digital transformation in tax and customs management

Policy adaptation and acceleration of digital transformation in tax and customs management

VCN - In order to contribute to economic growth, tax, customs and logistics management policies need to ensure high adaptability, stability and predictability so that they require little amendment or supplementation.
Implement regulations on special preferential import tariffs under VIFTA

Implement regulations on special preferential import tariffs under VIFTA

VCN - The General Department of Vietnam Customs (GDVC) requests provincial and municipal customs departments to implement Vietnam's special preferential import tariffs under the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel for the period 2024-2027 (referred to as the VIFTA) from October 15, 2024.
Perfecting tax policy for goods traded via e-commerce

Perfecting tax policy for goods traded via e-commerce

VCN - In order to ensure the goal of developing e-commerce activities without causing loss of state budget revenue, the Customs authority is actively coordinating with policy advisory units of the Ministry of Finance to research and review regulations on tax exemption for import and export goods transacted via e-commerce.
Are belongings of foreigners on business trip to Vietnam exempt from tax?

Are belongings of foreigners on business trip to Vietnam exempt from tax?

VCN - That is the question of Nhat Viet Relocation Company Limited, which has just been answered by the Customs Department and given specific instructions on providing a confirmation of residence of foreigners on business trip to Vietnam to follow tax exemption procedures for movable assets.
Amending regulations on enforcement measures in tax administration

Amending regulations on enforcement measures in tax administration

VCN - In draft of 1 law amending 7 laws in the financial sector, the Ministry of Finance proposed to amend the regulations on enforcement measures in tax administration in the Law on Tax Administration.
Customs procedures for import and export goods during system disruptions

Customs procedures for import and export goods during system disruptions

VCN - When the electronic customs data processing system experiences a disruption, customs procedures for export and import goods, goods under customs supervision, and goods sent via express delivery will follow a separate set of procedures.
Procedures for customs processes when the VNACCS/VCIS system experiences disruptions

Procedures for customs processes when the VNACCS/VCIS system experiences disruptions

VCN - The General Department of Vietnam Customs has issued Decision No. 2537/QD-TCHQ, establishing procedures for customs processes for import, export, and goods under customs supervision when the VNACCS/VCIS system encounters disruptions.
Proposal extending 50% green tax cut for fuel products in 2025

Proposal extending 50% green tax cut for fuel products in 2025

VCN - The Ministry of Finance has just proposed extending 50% green tax cut in 2025 for gasoline (except ethanol), oil, and grease; reducing about 70% on jet fuel and 40% on kerosene. According to calculations, the total state budget will decrease by about VND44,224 billion under this policy.
Which authorities have the right to request taxpayer information?

Which authorities have the right to request taxpayer information?

VCN - The General Department of Vietnam Customs has recently issued a response to the Asset Valuation Council for Criminal Proceedings of An Giang Province concerning the provision of information on imported goods prices for asset valuation purposes.
Read More

Your care

Latest Most read
Many shortcomings in process and manual book on handling administrative violations

Many shortcomings in process and manual book on handling administrative violations

VCN - Legal policies on handling administrative violations have effectively supported the technical work of the Customs sector. However, some legal bases and regulations have been amended, replaced, and supplemented, which have limited the efficiency of h
Implementing the SAFE Framework in Vietnam: Lessons from practice

Implementing the SAFE Framework in Vietnam: Lessons from practice

The SAFE Framework is a strategic international instrument introduced by the World Customs Organization (WCO) to enhance security and trade facilitation in global supply chains
Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

Recognizing the significance, impact, and benefits of the SAFE Framework in customs modernization and reform, Vietnam Customs is advancing the implementation of SAFE.
Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

VCN - The Ministry of Finance said that the abolition of regulations on tax exemption for imported goods valued at less than VND1 million must comply with international practices in the context of the growing trend of cross-border e-commerce activities.
Policy adaptation and acceleration of digital transformation in tax and customs management

Policy adaptation and acceleration of digital transformation in tax and customs management

VCN - In order to contribute to economic growth, tax, customs and logistics management policies need to ensure high adaptability, stability and predictability so that they require little amendment or supplementation.
Mobile Version