Identification of green channel traders in Vietnam

11:50, 05/10/2018

On June 29, 2018, the Ministry of Industry and Trade of Vietnam issued Circular No. 15/2018/TT-BCT, which specifies identification of green channel traders.

Specifically, Circular No. 15/2018/TT-BCT of the Ministry of Industry and Trade of Vietnam stipulates that a trader applying for preferential C/O will be eligible for green channel if such trader:

- is certified as a prestige exporter by the Ministry of Industry and Trade; or

- is certified as eligible for preferential customs treatment by the Ministry of Finance; or

Concurrently, traders shall also satisfy the following requirements:

- The trader has not violated the rule of origin in the last 2 years before the day applying for preferential C/O through the green channel;

- The trader has a document archiving system (both physical and electronic documents) as proof of the authenticity of the C/Os and origin of goods during the archiving period;

- The trader has applied for at least 30 preferential C/Os per year on www.ecosys.gov.vn.

View more details at Circular No. 15/2018/TT-BCT of the Ministry of Industry and Trade of Vietnam, effective from August 15, 2018.

-Thao Uyen-

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