9:27:30 AM | 4/15/2025
In response to reciprocal tariffs imposed by the United States, the Department of Vietnam Customs recently delivered a dispatch to regional customs authorities requesting them to learn about difficulties faced by businesses in order to provide good support solutions and actively coordinate with relevant bodies to address their problems.
On April 4, 2025, the Department of Vietnam Customs (under the Ministry of Finance) sent Express Dispatch 1136/CHQ-GSQL to regional customs sub departments regarding Vietnam's exported goods to the US.
To remove difficulties and minimize US tariff impacts on production and business activities of companies, the department required heads of regional customs sub departments to launch some relevant actions.
Specifically, they were told to organize meetings and exchanges to learn about difficulties of enterprises with goods exported to and imported from the US to find solutions. At the same time, they should grasp recommendations from companies to customs agencies and other relevant bodies.
Regional customs sub departments should inform the business community that the Department of Vietnam Customs is actively coordinating with related agencies to send recommendations to the Government to seek solutions to remove difficulties, form trade balance and facilitate the import of US-originated goods into Vietnam.
Heads of regional customs sub departments should assign officers at customs offices at seaports, airports and industrial parks to work around the clock to facilitate immediate customs clearance for raw materials, supplies, machinery and equipment imported for processing and manufacturing and exported products.
The department requested them to summarize work results plus proposals and recommendations and send them to the Customs Management and Supervision Bureau (the Department of Customs)
Previously, the Government issued Decree 73/2025/ND-CP dated March 31, 2025 amending and supplementing preferential import duties on some products in the Preferential Import Tariff according to the List of Taxable Items issued together with Decree 26/2023/ND-CP dated May 31, 2023 of the Government on Export Tariff, Preferential Import Tariff, List of Goods and Absolute Tax Rates, Mixed Taxes and Import Taxes Outside Tariff Quota.
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According to the Department of Vietnam Customs, the value of March imports and exports totaled US$75.39 billion, a month-on-month increase of 18.2% (or US$11.62 billion). Of the sum, the exports were valued at US$38.51 billion, up 23.8% (or US$7.4 billion) and the imports were worth US$36.88 billion, up 12.9% (US$4.22 billion). The country’s import and export value reached US$162.78 billion from January 1 to March 15, 2025, representing a year-on-year growth of 12% (or US$17.46 billion). In the year to March 15, 2025, the country had a trade surplus of US$1.81 billion. |
Le Hien (Vietnam Business Forum)
Vietnamese
