Vietnam Loosens Control over Timber Imports, Woodwork Exports
The Vietnamese Deputy Minister Nguyen Tan Dung has issued a new dispatch to loosen control over timber importers and woodwork exporters without licenses from the Vietnam Convention on International Trade in Endangered Species (CITES).
Accordingly, the Ministry of Agriculture and Rural Development was requested to promptly submit the amended Regulation No. 11/2002/NNÄ-CP to the Government in order to settle all tie-ups related to timber imports and woodwork exports as soon as possible.
The dispatch also regulates that Vietnamese enterprises will not have to pay fines for their legal timber imports and woodwork exports without licenses from the CITES prior to June 21 last year in accordance with the Regulation No. 138/2004/NNÄ-CP at the moment.
The dispatch timely helps domestic woodwork enterprises reduce trading costs, which partly results from customs fees and freights as up to 80 per cent of total timber supply comes from foreign countries.
CITES (the Convention on International Trade in Endangered Species of Wild Fauna and Flora) is an international agreement between Governments. Its aim is to ensure that international trade in specimens of wild animals and plants does not threaten their survival.
Vietnam’s woodwork industry has reached an averaged growth rate of around 50 per cent in recent years. The industry is expected to increase its total export turnover to more than US$2 billion this year from US$1.5 billion in 2006.
People Police
Vietnamese
