​Apple Vietnam requests relaxed import regulations on ‘smart watch’

Nov 6th at 13:11
06-11-2017 13:11:58+07:00

​Apple Vietnam requests relaxed import regulations on ‘smart watch’

Apple Vietnam has filed a formal request with local authorities asking for a relaxation of current regulations pertaining to the import of its Apple Watch.

Current regulations require the company to acquire import permits for its Apple Watch, despite the fact that Vietnamese authorities lack the means to test the quality of such hi-tech products.

In its request, the Vietnam office of the American multinational has called on local authorities to recognize documents issued by authorized foreign certification bodies.

The Apple Watch is a line of smart watches developed by the California-based company that can track fitness activity, perform translations, and host games in addition to its basic function as a timepiece.

Au Anh Tuan, chief supervisor under the General Department of Vietnam Customs, told Tuoi Tre (Youth) newspaper that the company’s request is in line with a recent government resolution on improving Vietnam’s business environment.

The resolution, signed into effect by Prime Minister Nguyen Xuan Phuc in February, demanded local authorities take the initiative and recognize foreign-issued certification in order to cut down on unnecessary red tape for businesses.

A recent dispatch by the Ministry of Finance also approved the abolishment of import permits for smart phones, only requiring businesses to submit papers of certification issued by credible foreign entities in order to import the technology.

According to a 2016 World Bank report, Vietnam ranked 82nd out of 190 world economies in terms of business competitiveness.

PM Phuc, who was sworn into office in July last year, has vowed to build a productive government by streamlining political and administrative bodies and cutting down on bureaucratic red tape for local businesses.

tuoitrenews



NEWS SAME CATEGORY

Tra export value rises, firms cautious

The export of tra (catfish) is still facing difficulties although exports for January-September hit US$1.3 billion, up 5.8 per cent over the same period last year...

E5 fuel shortage growing concern

Experts and businesses are raising concerns about the shortage of E5 bio-fuel supply as there are two months left for E5 to be fully replaced RON 92 petrol.

Cashew nut exports expected to exceed US$3 billion

Viet Nam’s cashew nut exports are forecast to surpass the US$3 billion benchmark for the first time in 2017 thanks to increasing shipments in the first ten months...

Vietnam's coffee belt braces for more rains as storm looms

Rains are expected to continue for the next few days in Vietnam, affecting the harvest in the world's top producer of robusta coffee, while Indonesia remained...

Honey exporters eye EU market

The European market has high demand for honey, offering great opportunities for Vietnamese honey producers to boost exports.

Vietnamese firm to export pork to South Korea

The Bien Dong Trade and Investment Joint Stock Company has agreed in principle with a Korean food company to sell 2,000 tonnes of pork per year.

Sugar sales struggling: association

The sale of sugar was facing difficulties since the beginning of October, causing problems for sugar producers in recent days, according to the Sugar and Sugarcane...

Co-operative gets $19k to label mangoes

The Mekong Delta province of Dong Thap’s Government last Sunday granted VND432 million (US$18,939) to help My Xuong Cooperative in Cao Lanh District label and issue...

Vietnam's October crude oil output falls 5.1 percent year-on-year to 1.12 million tonnes

Vietnam’s crude oil output in October is estimated at 1.12 million tonnes (265,000 barrels per day), down 5.1 percent from a year ago, the government said on Sunday.

Vietnam's Jan-Oct coffee exports down, rice up

Vietnam's coffee exports are expected to have fallen an estimated 22 percent in the first 10 months of this year from a year earlier, while rice shipments are set...

Commodity prices


MOST READ


Back To Top