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Official Gazette

Sunday, February 23, 2020
Tags: import goods
VN to simplify customs checks VN to simplify customs checks
Vietnam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.
Vietnam to enhance management of e-commerce activities Vietnam to enhance management of e-commerce activities
The Ministry of Finance is building a draft scheme on the management of e-commerce activities for imports and exports.
Corporate liability for offenses against the economic management order in Vietnam Corporate liability for offenses against the economic management order in Vietnam
The 2015 Penal Code (revised in 2017) (the Code) is Vietnam’s first and only code that holds commercial legal persons criminally liable for committing criminal acts. This is a breakthrough in the country’s criminal justice policy and leads to a substantial change in the general perception about crime and punishment. It also applies various penalties to commercial legal persons found liable for crimes[1], including three principal penalties (fine, suspension from operation, and termination of operation), three additional penalties (prohibition from doing business or operating in certain areas, prohibition from raising capital, and fine, when not imposed as a principal penalty), and five judicial measures (confiscation of objects and money directly related to the crime; return of property, redress of or compensation for damage; coerced public apology; coerced restoration to the original state; and coerced application of measures to redress and prevent further consequences).
Stronger business environment is Governments priority in 2019 Stronger business environment is Government’s priority in 2019
Resolution No 19 on the improvement of business environment has been implemented for five years and has gained a lot of success. The Government is planning to carry a further reform on this issue next year, setting major tasks and solutions to implement the socio-economic development and State budget for 2019.
Government vows to make business climate more friendly Government vows to make business climate more friendly
The Government has recently adopted a resolution on continued implementation of solutions and tasks to improve the business environment and increase the national competitiveness in 2018 and beyond.
Law on Foreign Trade Management Law on Foreign Trade Management
Coming into force on January 1 this year, the Law on Foreign Trade Management (the Law), which was passed last June, mainly regulates the state management of foreign trade, including measures to manage and direct international purchase and sale of goods.
Barriers for import export goods to be removed Barriers for import, export goods to be removed
Reducing the ratio of import goods subject to specialized inspection at the customs clearance stage and amending overlapping legal documents are among solutions to be proposed by the Ministry of Science and Technology to the Government to renew specialized inspection activities.
Customs Law helps boost international trade Customs Law helps boost international trade
The 2014 Customs Law and its guiding documents have not only codified local customs habits and practices but also legalized Vietnam’s international commitments on customs in the context of vigorous trade globalization and ever-expanding economic and customs alliances. It has established many modern legal mechanisms to facilitate international trade.
Import of goods for trading in Vietnam: procedures for foreign and Vietnam-based merchants Import of goods for trading in Vietnam: procedures for foreign and Vietnam-based merchants
Enterprises established in accordance with the Vietnamese law have the right to import and export goods regardless of their registered business lines, except goods on the list of goods banned from import or suspended from import.
Draft law to clarify traders rights to freedom of import and export Draft law to clarify traders’ rights to freedom of import and export
The Ministry of Industry and Trade (MoIT) recently introduced a draft law on foreign trade management, which is expected to create uniform legal grounds to support importers and exporters.

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