Temporary Suspension of Business Activities for Transitory Import and Re-Export of Certain Scrap Materials

Nguyen Trinh

11:22, 11/07/2024

This is a notable content mentioned in Directive 06/CT-BCT regarding strengthening state management of scrap import activities.

The Import-Export Department shall preside in cooperation with the Legal Department and related units to promulgate a Circular on the temporary suspension of the business of temporary import and re-export for some types of scrap.

Additionally, the Import-Export Department has other responsibilities such as:

- Coordinating with the Industry Agency to develop a list of scrap permitted for import as raw materials for production;- Studying and presenting to the Ministry's leaders a report to the Prime Minister on measures to strictly manage transit activities according to the Transit Agreements that Vietnam has signed with other countries;- Submitting reports to the Ministry's leaders for exchange with the Ministry of Finance on the strict management of bonded warehouse and transshipment activities of scrap.

More details can be found in Directive 06/CT-BCT issued on August 6, 2018.

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