Vietnam prevents abuse of made-in-Vietnam origin for exports
(VOVWORLD) -Vietnam has signed many important FTAs such as the Vietnam-US Bilateral Trade Agreement (BTA), the European Union – Vietnam FTA (EVFTA), creating a huge competitive advantage in attracting FDI, but also posing many challenges for managers, according to Tran Manh Cuong, Deputy Director of the Post-clearance Inspection Department under the General Department of Customs.
To prevent the origin frauds, Mr. Cuong said that Prime Minister Nguyen Xuan Phuc issued Decision No. 824/QD-TTg dated July 4, 2019 approving a project on strengthening State management on trade defense evasion and origin frauds, and Resolution No.119/NQ-CP dated December 31, 2019 on a number of urgent measures to strengthen State management to prevent origin frauds and illegal transshipment of goods.
Implementing directions of the Government, the Ministry of Finance and the customs sector have worked closely to combat origin frauds and illegal transshipments, Mr. Cuong said, adding that through inspections and verification, the customs sector has discovered common fraudulent methods. Enterprises imported semi-finished products and only carried out simple assembly, or imported complete products and change packages and labels, he noted.
According Deputy Director Cuong, since the beginning of the year, the customs sector has inspected and verified 76 cases, discovered 24 violation cases of the origin of exports. The sector has collected over 33 billion VND, including the amount of illegal profits obtained from conducting violations, and fines for administrative violations and the value of confiscated exhibits.