Eight Firms to Be Granted Special Preferences

The General Department of Vietnam Customs aims to recognise eight more enterprises as authorised economic operators (AEO) this year, bringing the total number nationwide to 20.

Vietnam first launched a pilot programme in mid-2011, offering preferential customs procedures to eligible enterprises that become recognised as AEOs. However, conditions for AEO status are strict. They must operate in commodity import and export with hefty turnovers and huge contributions to the country's economic development. Specially, they must abide by the law and get good assessments from State agencies.