Vietnam’s regulations on issuance of C/O remaining origin

On March 08, 2018, the Government of Vietnam issued Decree No. 31/2018/ND-CP on guidelines for the Law on Foreign Trade Management in terms of origin of goods.

According to Decree No. 31/2018/ND-CP of Vietnam’s Government, in case of goods sent from abroad to bonded warehouses and sent from bonded warehouses to abroad thereafter, the issuing authority shall consider issuing a C/O remaining origin.

The C/O remaining origin shall at least contain:

- Initial country of origin and final destination of the goods;

- Reference number and date of issue of the initial C/O;

- Quantity of goods stated in the C/O remaining origin, which may not exceed that stated in the initial C/O;

- Date of entry to Vietnam and date of discharge from Vietnam;

- Name and address of carrier, number and date of bill of lading or equivalent transport document;

- Name, address, signature and seal of the issuing authority.

Application and procedures for issuance of C/O remaining origin shall include:

- An application form for issuance of C/O remaining origin which is fully completed by trader;

- The specimen of C/O remaining origin which is fully completed using the form provided by the Ministry of Industry and Trade;

- The original of C/O issued by the first exporting country;

- A copy of bill of lading or equivalent transport document (stamped as a true copy of the original by trader);

- A copy of bonded warehouse entry or discharge bearing certification of the customs authority (stamped as a true copy of the original by trader).

In case of goods sent from abroad to bonded warehouses and sent from bonded warehouses to inland thereafter, the Ministry of Industry and Trade shall take charge and cooperate with the Ministry of Finance in providing guidelines.

Decree No. 31/2018/ND-CP of Vietnam’s Government officially comes into force from March 08, 2018.

-Thao Uyen-

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