Vietnam’s Circular 81: Source of information for risk management in customs operation

According to Article 7 of Circular No. 81/2019/TT-BTC of the Ministry of Finance of Vietnam, risk management information shall be collected from sources below:

- Information and data systems inside and outside of customs;

- Regulatory agencies, organizations and individuals related to customs as specified in Articles 107 and 108 of Decree No. 08/2015/NĐ-CP dated January 21, 2015 of Vietnam’s Government on elaborating and providing guidelines on implementation of Law on Customs regarding customs procedures, customs inspection, supervision and control;

- Customs authorities of countries, foreign relevant agencies, organizations and individuals as per the law;

- Information provided by organizations and persons participating in import, export, entry, exit and transit activities as per the law;

- Purchased information as per the law;

- Hotline or e-mail of General Department of Customs;

- Processes of customs inspection, supervision and control with respect to import, export and transit goods; transports making entry, exit or transit;

- Other necessary operation measures as per the law.

Besides, Circular No. 81/2019/TT-BTC that risk management information shall be:

- provided and exchanged in form of digital data, digital documents, e-mail and messages from phone number officially publicized by customs authorities;

- provided and exchanged in written form, telegraph, fax or paper documents;

- exchanged directly on the basis of being recorded and agreed upon by relevant parties or via information processing, verification and collection by representatives or via convention and other methods.

Risk management information shall be processed after being collected as follows:

- The information shall be assessed in terms of relevance to need and use purpose of the information, and in terms of trustworthiness and accuracy of the information;

- The information shall be compared with pieces of information on the customs information system and information gathered and retrieved from other sources; the information shall be classified, sorted and stored;

- The information shall be analyzed to identify constituent of information to serve risk management;

- Relevant factors that have been discovered shall be consolidated and linked via analysis; the information shall be clarified in terms of value and content in order to complete risk management information.

View full text at Circular No. 81/2019/TT-BTC of the Ministry of Finance of Vietnam, effective from January 01, 2020.

Thu Ba

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