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The Customs sector promotes the use of technology to meet new requirements

Customs authorities have applied comprehensively and widely the method of assessing the level of compliance of businesses based on risk management techniques and information analysis systems, thereby facilitating maximum compliance in goods clearance and cross-border goods transportation.

Modernization of customs facilitates trade and logistics development

Because customs activities directly influence the time of delivery of imported and exported goods, the reform and modernization of this sector s administrative procedures exert a positive impact on activities of relevant fields, such as increasing trade facilitation and promoting logistics development.

Make it easier for businesses to declare and submit documents

The Ministry of Finance (MoF) s new regulations on determining the origin of exported and imported goods in Circular 33/2023/TT-BTC (Circular 33) have officially taken effect. These are the reform points established by customs offices to assist businesses in declaring and submitting certificates of origin (C/O) for import-export goods.

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Investing In Yogi - Open The Magazine
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