The United States and Vietnam encourage export firms to comply with customs regulations
- 197
- Socially Responsible Enterprise
- 23:05 19/09/2022
DNHN - The execution of the "Program to support and encourage businesses to voluntarily comply with the law" helps businesses and the business community first and foremost, thus businesses must collaborate closely with customs authorities to examine the existing state of compliance with customs legislation.
According to the General Department of Customs, out of more than 190,000 firms with import and export activities assessed on the Customs sector's risk management system, only over 10% comply with the average and high level, while 89% are at the low or non-compliant level.
The General Department of Customs and the United States Agency for International Development (USAID) have signed a memorandum of agreement to launch a pilot initiative to support and encourage businesses to comply with Customs legislation voluntarily. The "Pilot program to help and encourage firms to voluntarily comply with customs legislation" aims for all organizations participating in the program to gradually increase their compliance (80% medium and high compliance) after two years of implementation. The Customs officials utilize these outcomes, as well as the firms participating in the program, as propagandists to assist the remaining enterprises to feel more comfortable with the law.
![Illustration Illustration](https://media.doanhnghiephoinhap.vn/uploads/2022/09/19/1-1663603473.jpg)
Because this is a pilot initiative, the participants are carefully chosen; the first phase includes more than 266 firms of various sorts, including state and foreign-invested enterprises. Foreign direct investment (FDI), small and medium-sized businesses (SMEs), and import and export company types Customs will then have an overview to establish acceptable measures for each category.
The Program benefits participating businesses by reducing customs clearance time, lowering costs for businesses, and arranging a separate stream to support (depending on the conditions of each unit); aided by experienced customs officers, increasing the proportion of green channels - reducing the proportion of yellow and red channels (currently, the proportion of green channels is 66.11%, yellow channels 29.82%, and red channels: 4.06%); warning potential risk factors to participate businesses.
During this time, the General Department of Customs prioritizes agents performing customs processes. Currently, Vietnam has 1,413 customs clearance agents, with agents clearing around 7% of customs filings. The number of firms participating in the program will progressively expand in the following stage, based on the conditions and capacities of each location.
According to the General Department of Customs, the implementation of the "Program to support and encourage businesses to voluntarily comply with the law" benefits businesses and the business community first and foremost, so businesses must closely coordinate with the customs authority to re-evaluate the current status of compliance with the current customs law, to specify the factors and causes affecting compliance;
PV
Related news
- Businesses need to increase adaptability to join the global supply chain
- Agricultural exports are forecast to reach nearly 60 billion USD in 2024
- General Secretary Nguyen Phu Trong: An outstanding politician, a great theorist
- Why is bank security very important?
- Export businesses face difficulties as sea freight rates rise
- Banks and challenges in funding green projects
- Strategies for innovation to adapt and seize opportunities by enterprises
- The Ho Chi Minh City Friendship Dialogue and the Ho Chi Minh City Economic Forum will take place in September 2024
- Why is it necessary to implement the direct electricity purchase mechanism soon?
- How are bank bond interest rates attractive to investors?
- Bamboo Airways aims to break even and become profitable by 2025
- Overcoming rising input costs and supply challenges in business
- The strong growth of air travel demand in Vietnam
- New proposal on petroleum business: Enterprises can have the freedom to set retail prices
- Electric vehicle market share in Vietnam: Development trends and challenges
- Farm School - What legal framework is needed for this new model?
- Digital transformation in the banking sector: The future direction of financial services
- EuroCham: European enterprises confident in Vietnam's long-term economic growth
- The journey from Nghe An fields to the TH True Milk brand
- Why support taxi businesses transitioning to electric vehicles?
Đọc thêm Socially Responsible Enterprise
Banks and challenges in funding green projects
Green projects today not only protect the environment but also open up new business opportunities. However, lending to these projects faces many challenges, prompting banks to strive to meet the capital needs.
Heavy-duty electric trucks from China penetrating Europe: "A win-win cooperation for all parties"
With the European Union aiming for carbon neutrality by 2050, heavy-duty electric trucks appear to be one of the solutions to significantly reduce emissions, promising a new market for Chinese investors.
Developing renewable energy - The key to a sustainable future
Enhancing renewable energy is crucial for building a sustainable future, bringing new economic, environmental, and social opportunities for the country and future generations.
Farm School - What legal framework is needed for this new model?
The addition and completion of the legal framework for the Farm School model is necessary to help this model operate stably and avoid negative transformations that affect the investment and business environment.
Why support taxi businesses transitioning to electric vehicles?
Vietnam is increasingly promoting the use of electric cars to reduce emissions and air pollution. In the taxi industry, transitioning from internal combustion engine cars to electric cars is becoming an important trend.
Practical applications of carbon credits in the economy. Part XIII: Towards the goal of building low-carbon cities in Vietnam
Building low-carbon cities is one of the important goals that countries around the world are aiming for. So, the construction of low-carbon cities in Vietnam and the directions that need to be promoted to achieve this goal.
Practical applications of carbon credits in the economy. Part XII: Developing green road transport towards net zero goals
Developing green road transport has become a top priority. The Net Zero goal, meaning no additional greenhouse gas emissions into the atmosphere, is a commitment that countries around the world are making and implementing.
Practical applications of carbon credits in the economy. Part XI: Developing a sustainable and environmentally friendly transportation system
Transportation contributes significantly to global carbon emissions. Therefore, creating a sustainable and environmentally friendly transportation system is crucial for ensuring economic development and a healthy living environment for the future.
Practical applications of carbon credits in the economy. Part X: Exploiting carbon potential in intensive agriculture
Intensive agriculture is a crucial method in meeting the increasing food demand and protecting the environment. However, this method holds significant potential for exploiting carbon credits, contributing to the fight against climate change.
Practical applications of carbon credits for the economy. Part IX: Carbon trends in the future of agriculture
In the context of climate change and land degradation, the importance of carbon in agriculture is increasingly recognized. What are the key points regarding the importance of carbon for Vietnam's agriculture?