Opportunity for a high open economy like Vietnam Cooperation with Vietnam among EU’s priorities in Indo-Pacific: official Vietnam earns 1.43 billion USD from rice exports in Q1
Instructions for inspecting preservation of goods in case of Covid-19 outbreak

Instructions for inspecting preservation of goods in case of Covid-19 outbreak

25/07/2021 08:10 Regulations

General Department of Vietnam Customs has guided provincial customs departments to inspect preservation of goods in case of Covid-19 pandemic outbreak
Need to specify counterfeit origin of goods

Need to specify counterfeit origin of goods

23/07/2021 20:35 Regulations

From the detected cases of violations on labelling of imported goods, HCM City Customs Department suggested it is necessary to supplement the violations in detail on counterfeiting of Vietnamese origin.
Remove the difficulty of time in transporting goods by inland waterway

Remove the difficulty of time in transporting goods by inland waterway

22/07/2021 19:31 Regulations

The General Department of Vietnam Customs recently issued a document to remove enterprises' problems about transporting goods by inland waterway.
Need to amend the policy on management of low-value goods sent via express delivery services

Need to amend the policy on management of low-value goods sent via express delivery services

21/07/2021 10:51 Regulations

With the development of goods sent via air and the development of e-commerce, goods transacted through online payment using express delivery services skyrocketed
It is necessary to amend the policy on management of low-value goods sent via the CPN service

It is necessary to amend the policy on management of low-value goods sent via the CPN service

20/07/2021 18:19 Regulations

VCN - In the first six months of 2021, there are about 35 million declarations, about six times more than the first six months of 2020 and about 15 times the first six months of 2019.
MoF proposes to impose tariff on exported gold

MoF proposes to impose tariff on exported gold

19/07/2021 19:59 Regulations

The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95 per cent purity to 2 per cent from 0 per cent.
Consider extending preferential tariff programme for automobile manufacturing domestically

Consider extending preferential tariff programme for automobile manufacturing domestically

18:34 | 19/07/2021 Regulations

The Ministry of Finance is collecting opinions from ministries and sectors about a draft Government report relating to the proposal to continue the preferential tariff programme
Exemption of duties on imports that cannot be domestically manufactured

Exemption of duties on imports that cannot be domestically manufactured

08:54 | 17/07/2021 Regulations

VCN – If import goods are not on the list of machinery and equipment that can be produced domestically and meet the criteria of consumer goods, they will be exempt from import duty.
It is recommended to choose one of two forms of aquatic quarantine

It is recommended to choose one of two forms of aquatic quarantine

15:14 | 11/07/2021 Regulations

VCN - Fishery firms propose to choose the form of quarantine of imported goods between two forms: quarantine at the firm's warehouse or quarantine at the port and then bring the goods to the warehouse to await customs clearance.
Implement tax exemption procedures for goods subject to be notified of duty-free list

Implement tax exemption procedures for goods subject to be notified of duty-free list

07:59 | 10/07/2021 Regulations

VCN- Accordingly, the duty-free list will be notified via the VNACCS system. If the system contains an error, the original duty-free list will be required.
Procedures for temporary export and re-import of substitute products

Procedures for temporary export and re-import of substitute products

19:46 | 09/07/2021 Regulations

VCN- If declarations are classified into the Red channel, the manager of Customs branches will decide to not conduct a physical inspection.
Impose special consumption tax on pick-up car

Impose special consumption tax on pick-up car

14:10 | 07/07/2021 Regulations

VCN-The GDVC cites Circular 65/2017/TT-BTC and refers to the HS 2017 of the World Customs Organization saying pick-up cars for transport of people is under heading 87.03 and pick-up cars for transport of goods under heading 87.04.
Goods from New Caledonia not subject to enjoy Vietnam

Goods from New Caledonia not subject to enjoy Vietnam's special preferential tax rate

19:40 | 06/07/2021 Regulations

VCN- New Caledonia is not subject to the List of EU member territories to enjoy tax incentives under the EVFTA specified in Appendix 3 issued together with the decree.
Improving customs procedures for goods in e-commerce transactions

Improving customs procedures for goods in e-commerce transactions

16:46 | 06/07/2021 Regulations

VCN - The draft Decree on customs management for exported and imported goods in e-commerce transactions is being developed by the General Department of Customs, with the aim of simplifying customs procedures while ensuring control of goods.
Inheriting the reform of food safety inspection in the draft new Decree

Inheriting the reform of food safety inspection in the draft new Decree

12:44 | 28/06/2021 Regulations

The contents that have been implemented stably without food safety problems for imported goods will be inherited in the draft decree stipulating the management mechanism
Guidance on additional declarations and original C/O submission

Guidance on additional declarations and original C/O submission

08:31 | 27/06/2021 Regulations

HCM City Customs has instructed firms on extending deadline for additional declarations and submitting an original certificate of origin (C/O).
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Reporting to the National Assembly for considering VAT reduction in the second half of 2024

Reporting to the National Assembly for considering VAT reduction in the second half of 2024

17:09 | 14/04/2024 Regulations

The Government assigned the Ministry of Finance to summarize and evaluate the results of reducing VAT rates to report to National Assembly for consideration and allowing to implementing in the second half of 2024.
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

10:33 | 13/04/2024 Regulations

VCN - The Ministry of Health, according to its assigned functions, tasks and authority, presides and coordinates with the Ministry of Finance and relevant agencies to urgently review, research, amend and complete the Ministry's regulations on import and e
No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

09:09 | 11/04/2024 Regulations

The Ministry of Finance has responded to the suggestions of VAMA regarding the adjustment of reducing automobile volume to apply a tax rate of 0% for imported components and spare parts used for manufacturing automobile
Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations

Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations

09:31 | 10/04/2024 Regulations

VCN - Enterprises exporting cinnamon essential oil are facing difficulties due to regulations on pharmaceutical trading of the Ministry of Health, leading to hundreds of tons of essential oil being left in stock in raw material areas.
Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th

Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th

20:09 | 07/04/2024 Regulations

The Ministry of Trade and Industry issued Circular 05/2024/TT-BCT regulating the temporary suspension of temporary import and re-export of Monazite ores and ore concentrates business.
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