Thứ Ba, 8 tháng 10, 2019

Vietnam Tightens Regulations on Determining Goods Origin.

Recently, Vietnam has become a member of many free trade agreements with many strategic areas, and most recently, especially CPTPP, EVFTA, … Because of these FTAs, Vietnamese goods have been enjoy tax incentives and more. 
In addition, the trend of using trade remedies to protect domestic production is used more and more. Markets that impose tax on each other and in combination with Vietnam’s tax exemption for potential markets will cause many factories and trading companies to commit frauds and fake certificates of origin goods (C/O) of Vietnam, labeling goods abroad before importing them to Vietnam for consumption and group of acts of cheating, counterfeiting C/O Vietnam, illegally conveying for export to enjoy preferential tax rates.
The General Department of Customs has zoned 15 groups of goods at risk of fraud, counterfeiting C/O, including steel products.


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