[NEWS] - Important notes when exporting goods

Currently, businesses are in a state of economic recovery after the Covid-19 pandemic, but still have problems in declaring the production process, origin and quality inspection of exported products.

Ms. Trinh Thi Thu Hien - Head of Goods Origin Department, Import-Export Department (Ministry of Industry and Trade) said, with what Vietnamese businesses have experienced, it is most obvious that enterprises are still facing a lot of problems. many problems in production process, origin and quality control.

Ms. Trinh Thu Hien shared about the business problems (Image: Internet)

Export market information:

For example, in the process of exporting a garment and textile shipment of Vietnamese enterprises to the European market with the same item, the same input materials and the same output product, but if that product is exported to the European market, ASEAN requires another set out.

In the Singapore market, textile products will meet Vietnamese origin because Singapore is a member of ASEAN and within the ASEAN framework, the finished product only needs to be clothes that have been considered to have Vietnamese origin. This means that when products are exported to this market, they will enjoy preferential treatment.

However, the same product, even though it follows the right process from input to output, when exported to the EU market, it must meet the origin requirements from fabric onwards, which means the 2-step rule, the Weaving and cutting and tailoring of clothes must be done in member countries of the EVFTA Agreement to enjoy tariff preferences under the EVFTA framework.

Therefore, Ms. Hien noted, businesses before exporting goods to any market need to carefully study information about that market, so that they can make appropriate documents to prove the origin. In addition, Vietnamese businesses also encounter ironic situations when "stumbling" with regulations on rules of origin or geographical indications. These are all "weaknesses" of Vietnamese businesses for a long time.

Choose a reputable import partner:

Choosing a reputable partner is not easy, in Vietnam, there are hundreds of businesses that have fallen into the trap of sophisticated scams from foreign partners to appropriate goods and money.

Recently, the Trade Office of the Vietnamese Embassy in Morocco urgently warned Vietnamese exporters to absolutely avoid dealings with fraudulent importers whose direct name is Khalid, the company name is KN Universe Plastic .

Specifically, the above subject scammed a Vietnamese plastic raw material exporter by announcing that a family member has COVID-19 so he will pay later to buy time, and collude with related subjects. Customs clearance of the shipment but no payment, avoiding all contact.

As soon as the information was received, the Vietnam Trade Office in Morocco worked with the enterprise to exchange and apply professional measures to handle the case and limit risks. However, according to information from the shipping company, Khalid and KN Universe Plastic have cleared the shipment to steal from January 29, 2022.

And also most recently, a seafood export enterprise in Ho Chi Minh City sent an official letter of "request for help" to Vietnamese diplomatic missions about the partner in Sri Lanka fraudulently appropriating 2 shipments of value. assets up to nearly 113,000 USD. The partner in Sri Lanka is Northern Star Trading Colombo PVT.

According to the original contract, the delivery condition is CIF Colombo (delivery at Colombo port), the payment condition is D/P 100% (thanks to the collection of documents).

After delivering the goods and completing the first batch of documents, the buyer takes the reason that the bank D/P payment fee is high, and requests to change to the T/T payment method (electrical money transfer).

To raise awareness about export procedures and avoid sophisticated scams, Indochina Holdings provides trade promotion and legal advice, with a team of experienced consultants, we I offer reasonable strategies and measures to make exporting easier than ever, thereby creating a solid connection between businesses and partners with more reliability and accuracy.

Cao Duy