HCM City (VNA) – Difficulties facing domestic and foreign enterprises in implementing the latest customs legal documents were discussed at a recent workshop in Ho Chi Minh City.
Trade associations and domestic and foreign-invested enterprises in the city and the southern provinces of Binh Duong and Dong Nai are concerned over the regulations on giving codes for exported and imported goods, according to Director of the Vietnam Chamber of Commerce and Industry (VCCI) – Ho Chi Minh City branch Vo Tan Thanh.
The recently-issued Circular No. 23/2015/TT-BKHCN on the import of used machinery, equipment and technological lines, which will become effective in July 1, 2016, also worries the business circle.
Evaluation conducted by the Vietnam Trade Facilitation Alliance (VTFA) showed that many legal documents related to customs procedures and the aforementioned circular are not in line with the Trade Facilitation Agreement under the World Trade Organisation (WTO) or the Trans-Pacific Partnership (TPP).
Director of the American Chamber of Commerce in Vietnam (AmCham) Herb Cochan suggested that Vietnam accelerate the reform of customs legal framework while revising the irrelevant ones in line with international rules and practices.
The workshop was organised by the Vietnam Chamber of Commerce and Industry (VCCI), the VFTA, the AmCham and the United States Agency for International Development (USAID).-VNA