EU-Vietnam FTA requires customs reform

Researchers have urged that the legal framework on specialised checks on imports and exports be improved for compatibility with commitments to the EU-Vietnam Free Trade Agreement (EVFTA).
EU-Vietnam FTA requires customs reform ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – Researchers have urged that the legal framework on specialised checks on imports and exports be improved for compatibility with commitments to the EU-Vietnam Free Trade Agreement (EVFTA).

Pham Thanh Binh, an expert of the Vietnam Chamber of Commerce and Industry’s project on reviewing Vietnam’s legal framework on specialised checks, said at a consultation workshop on November 3 that there are regulations which are incompatible or partly compatible with commitments to EVFTA.

For example, regarding regulations on customs simplification, if based on the targets of creating trade facilitation, it can be said that the specialised check procedures are in compatible with commitments to the trade deal, Binh said.

“Several regulations are still complicated and burdening firms,” he said.

Legal framework on specialised checks on imports and exports are the focus of the Government’s reform process raised in Resolution 19 on improving business climate and national competitiveness.

Experts said greater efforts are required to speed up time taken for customs clearance and for facilitating trade flow.

The Ministry of Planning and Investment recently said that very tightly controlled specialised checks are causing difficulties for firms, and is a waste of time and costs.

A recent report by the Ministry of Finance revealed that the ratio of batches of goods on which specialised checks were carried out remained high, averaging 30 percent of the total batches.

The Government is pushing for the simplification of specialised check procedures and gradually abolishing unreasonable regulations, especially by the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade.

On October 24, the agriculture ministry issued a circular allowing quarantine checks to be carried out after fisheries companies transport products to the warehouse. Previously, firms could only transport their fisheries products to the warehouse after quarantine checks were completed.

The Ministry of Industry and Trade on October 12 also abolished the regulation on the inspection of formaldehyde content in textile and garment products.-VNA

VNA

See more