Automobiles registered for customs clearance last week were mainly from Thailand and Indonesia, accounting for 85 per cent of the total imported cars into Vietnam last week.
HSBC’s new service is expected to shorten customs procedures for import – export activities of businesses, reduce storage costs and enhance the overall customer experience.
In spite of overcoming tightened harness straps of pollution emission and customs inspection specified in Decree No. 116, the number of duty-free cars imported from ASEAN remains still very limited, causing Vietnamese buyers unable to buy low-cost car in this month as expected.
Corrosion-resistant steel and certain cold-rolled steel flat products delivered from Vietnam but originated in China are subjected to import duties up to 200 percent due to evading the U.S. anti-dumping and countervailing duty orders, according to conclusive decisions just declared by the U.S. Department of Commerce
It is feared that the escalating trend of trade protectionism will hinder global growth and make many businesses struggle for survival.
Due to insufficient information on the imported cars provided by customs departments, Director General of Vietnam Customs Nguyen Van Can has requested the functional bodies under Vietnam Customs and the local customs departments once a week to publicize the information such as price, quantity, type of automobiles imported into Vietnam since 2018.
Euro Auto Joint Stock Company (Euro Auto), the authorized importer and distributor of BMW, has falsified the records for tax avoidance, constituted behavior associated with the smuggling and transferred all illegal profits abroad, according to General Department of Vietnam Customs (Vietnam Customs).
The Korean Ministry of Strategy and Finance (MOST) has decided to impose anti-dumping duty on Ferro-Silico-Manganese alloys (HS code: 7202.30.0000) imported from Vietnam, India and Ukraine, according to Vietnam Office Trade in Korea.
In the first nine months of 2017, Vietnam imported 10.4 million tons of coal with the import turnover of US$1.03 billion while the export turnover only reached $207 million, according to the General Department of Customs.
The Korean Ministry of Strategy and Finance (MOST) has decided to extend the temporary anti-dumping duty on Ferro-Silico-Manganese alloys (HS code: 7202.30.0000) imported from Vietnam, India and Ukrina until November 29, 2017.
Hanoi Customs Department has taken stringent measures to manage, inspect and handle all forms of trade fraud.
In response to claim by BMW's representative on occassion of visit to Germany, the Prime Minister Nguyen Xuan Phuc confirmed the automaker BMW could access its batch of cars being held at HCM City’s port for maintenance but the firm must replace its local dealer Euro Auto due to violations of the country’s regulations
