Businesses Can Issue C/O of ASEAN Goods
The Ministry of Industry and Trade issued Circular No. 28/2015/TT-BCT regulating the pilot implementation of self-issue of certificates of origin (C/O) of goods in accordance with the ASEAN Trade in Goods Agreement (ATIGA).
Accordingly, local businesses can self-issue certificates of origin, Form D when they export products to Laos, the Philippines, Indonesia and Thailand instead of asking for C/O (Form D) as now.
The ministry defines that firms entitled to self-issue C/Os must be both manufacturers and exporters and have not been found violating C/O regulations for two straight years dating from the date of registration. In addition, minimum revenues from their exports to ASEAN using C/Os Form D must be US$10 million in the preceding year.
L.H
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