5:24:46 PM | 11/7/2008
The Vietnamese Ministry of Industry and Trade has decided to temporarily apply the granting of automatic export license to iron and steel items, state media reported.
 
The ministry demanded granting automatic export license to iron and steel must be conducted under the form of confirming merchants&rsquo application for iron and steel export.   
 
When doing export procedure, beside the export file under Customs body&rsquos regulations, exporters will have to present to the Customs agency application for iron and steel export that has been confirmed by regional Export-Import Management Department under the Ministry of Industry and Trade.   
 
The ministry said regional Export-Import Management Department will consider confirming traders&rsquo application for iron and steel export for next times when these traders have exported 80 per cent onwards of the volume that has been granted with automatic export license earlier. (VNA)