Hotline: +(84) 86 888 1900
Banks raise deposit interest rates
In need of raising medium and long term capital, which serves business activities at the end of the year and reduction in the ratio ...
Learn More
Franchise explosion in Vietnam
Franchise has facilitated many foreign brands to break into Vietnam. In addition to franchise industry for food, beverage or education, franchising in goods retail industry...
Learn More
6 leading economic sectors in Central region
There are 6 coastal and marine economic sectors mainly developed in the Central region, which creating positives results ...
Learn More
91.9% companies are optimistic about production activities in the last 6 months this year
FDI companies sector is witnessed a positive production volume, 91.1% of which are expected to increase or remain their volume ...
Learn More
CPTPP makes shift of Vietnam from deficit to surplus
Most signed free trade agreements (FTA) have reflected that Vietnam always run deficit trend ...
Learn More
- 29 / 12 / 2019 -
Temporarily suspending the business of moving from border gate to border gate, trading in temporary import of plywood into Vietnam for re-export to the United States

On November 12, 2019, the Minister of Industry and Trade issued Circular No. 22/2019 / TT-BCT providing regulations on temporary suspension of trading in border-gate transfer and temporary import of plywood into Vietnam for re-export to the United States. This Circular takes effect from December 27, 2019.
Accordingly, Circular No. 22/2019 / TT-BCT prescribes business activities of border-gate transfer, business activities temporarily imported into Vietnam for re-export to the United States of plywood products of group HS 44.12 according to the List. Vietnamese exports and imports issued together with the Ministry of Finance’s Circular No. 65/2017 / TT-BTC will suspend implementation from December 27, 2019.
 Particularly for plywood shipments that have undergone temporary import or border-gate customs clearance before the effective date of this Circular (i.e., December 27, 2019), they will continue to be re-exported or border-gate transfer according to regulations. The Decree No. 69/2018 / ND-CP of the Government detailing a number of articles of the Law on Foreign Trade Management and the current regulations.
Circular No. 22/2019 / TT-BCT was issued to apply to traders participating in border-gate trading, temporary import and re-export business. Organizations and agencies managing border-gate transfer business activities, trading in temporary import for re-export of goods. And agencies, organizations and individuals involved in activities of trading in border-gate transfer, trading in temporary import for re-export of goods.
In the case of goods imported from importing countries, temporarily imported into Vietnam with poor quality, or of unclear origin re-exported to the US market, it will seriously affect Vietnamese enterprises dealing in export plywood. exported to the US. Thereby, this Circular aims to improve and tighten the management of plywood products, in order to prevent commercial frauds on goods origin. At the same time, help improve the quality and reputation of Vietnamese businesses trading plywood in the US market as well as other countries.
The application of the provisions of this Circular will officially take effect from December 27, 2019 and end on December 31, 2024.

New regulations on certificates of free circulation of cosmetics