Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

Customs aspects to consider in your strategic sourcing

Incorporating customs considerations into your purchasing strategy can have significant benefits.

Mon, Mar 27, 2023, 15:34:00

Grasping more export opportunities via digital platforms

E-commerce in Vietnam has gained impressive growth in recent years. Therefore, besides promoting the export of goods in the traditional way, the trend of in-depth investment in e-commerce is widely being applied by Vietnamese exporters.

Mon, Mar 27, 2023, 15:34:00

Export of wood chips will decline

The increasing scarcity of energy in many countries around the world in the past year is the main factor promoting the good growth of Vietnam's woodchip exports. In 2023, with the factors affecting export and domestic woodchip production, it is not expected that the price "fever" will no longer occur as in 2022.

Mon, Mar 27, 2023, 15:34:00

Link to bring agricultural products to the world

The methodical investment in quality to create a qualified raw material area for export has helped many agricultural products avoid the precarious situation in both price and output, becoming a commodity of high economic value.

Mon, Mar 27, 2023, 15:34:00

Strictly control goods in transit, temporarily imported goods for re-export, goods deposited in bonded warehouses to prevent fraud

The General Department of Vietnam (GDVC) directs local customs departments to strengthen customs inspection and supervision for goods in transit, temporarily imported goods for re-export and goods deposited in bonded warehouses to prevent trade fraud and tax evasion.

Mon, Mar 27, 2023, 15:34:00

Difficulties in determining samples for testing

Customs face challenges in determining whether imported food samples for testing are exempt from state inspection for food safety, as well as in identifying which products require registration for announcement purposes.

Mon, Mar 27, 2023, 15:34:00

Apply 609 preferential export tax lines, 11,526 special preferential import tax lines to implement the CPTPP Agreement

To enjoy the preferential export tax rates under the Preferential Export Tariff and the Special Preferential Import Tariff of Vietnam implementing the CPTPP Agreement from 2022 to 2027, exported goods must have transport documents and import customs declarations or documents replacing customs declarations showing that the destination is in the territory of the member countries in which the CPTPP Agreement has entered into force, regulated in the scope of Decree No. 115/2022 /ND-CP dated December 30, 2022.

Mon, Mar 27, 2023, 15:34:00