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Regulation hampers import firms
Deputy PM Hoang Trung Hai asked relevant agencies to tighten the management of temporary imports for re-export to prevent smuggling and trade fraud at a conference yesterday.
The conference was held in the northern province of Quang Ninh to review the one year implementation of Directive 23/CT-TTg on the State management of temporary imports after it was put into practice.
According to the Ministry of Industry and Trade, shortcomings still remained.
The ministry cited complaints from many enterprises that said the duration of temporarily-imported products for re-export were allowed in the country was too short, just only 45 days.
This short duration posed risks because when customers delayed orders past the 45 days permitted, the goods were confiscated, the ministry said.
Deputy Director of the General Department of Customs Vu Ngoc Anh also said that it was not easy to return temporarily-imported products which were stuck in Viet Nam to their country of origin.
According to Hai, policies should be flexible and create advantageous condition for temporary imports for re-export which was a common international trade practice, while measures to prevent smuggling and trade fraud must be enforced.
He said that an extension to the permitted duration should be considered, but transferring or splitting containers into smaller units would still be banned.
Enterprises which violated the rules should have their licences permanently revoked, Hai said, urging customs departments to enhance supervision.
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