News

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Penalty up to 50 million VND when immigrants carry large amounts of foreign currency without declaration

 If immigrants who use passport or border identity cards carry an amount of foreign currency which exceeds the allowed amount without declaration, they will be penalised at the highest level up to 50 million VND. Customs officers scaned luggages of customers in import, export or transit. According to Circular 155/2016/TT-BTC, foreign currency brought int the country by immigrants using passport or border identity cards ...

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Haiphong Customs Handles 86 Cases of Specialised Inspection Violations

Haiphong Customs handled 86 cases of specialised inspection violations in the third quarter alone, of which 80 cases involved in quality. The most common act of violation was filing wrong customs documents. Four cases of violation engaged in lateness in filing customs documents concerning food safety inspection. Notably, one violation case related to import licensing: The importer failed to show import permits, and the ...

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Galaxy Note 7 retrieved, how to implement Customs procedures?

VCN- After the fault of Galaxy Note 7 has been identified, Samsung has implemented the campaign of recalling the products. Customs procedures with recalling the products of the Samsung Electronics Vietnam Co., Ltd are specifically guided by the Customs Control and Supervision Department (the General Department of Customs). Clause 3 of Article 47 of Government Decree 08/2015 ND-CP regulates that Customs procedures in this ...

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Vietnam’s new customs renovation hopes to save millions of dollars each year

Many shipments have to go through one-week technical checks which have not proved effective. Vietnam government is pushing for a series of rule amendments that are expected to simply customs check procedures to save businesses time and money. Officials said at a meeting Wednesday that customs check now takes around ten days for an import consignment and 12 days for exports, which has been ...

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