VCCI calls for efforts to further cut informal costs for enterprises

Jan 9th at 07:56
09-01-2019 07:56:41+07:00

VCCI calls for efforts to further cut informal costs for enterprises

Informal fees, despite having dropped over time, remain a hindrance for enterprises. Therefore, ministries and agencies, especially in the customs sector, should make greater efforts to further reduce informal charges, said Dau Anh Tuan, head of the Legal Department at the Vietnam Chamber of Commerce and Industry (VCCI).

 

At a conference today, January 8, to publish a report on enterprises’ satisfaction with customs clearance procedures last year, Tuan noted that as of June last year, only 6% of commodities were exempt from specialized inspections. The average time for each specialized inspection in the country is 76 hours, three times higher than that in Indonesia, Malaysia, the Philippines and Thailand.

As a result, VCCI coordinated with the relevant agencies to conduct a survey from January 1, 2017, to May last year to check the satisfaction with customs clearance procedures at more than 3,000 enterprises.

Accordingly, up to 59% of respondents stated that they did not pay informal fees and 26% of enterprises claimed they did not know of these fees. Meanwhile, the remaining 18% admitted to paying such fees.

In addition, the survey showed that more than half of respondents said they would not face discrimination if they declined to pay any informal fees, and 34% stated that they had no idea of the consequences, while 15% claimed they had been discriminated against, only half the proportion seen in the 2015 survey.

Enterprises participating in the survey expected the customs and other competent State management agencies to continue simplifying administrative procedures and intensify the application of advanced technologies for completing procedures and improving links between enterprises and customs agencies.

In addition, customs clearance procedures should be executed in a more transparent manner, while customs officials’ problem-solving skills should be improved. The customs sector should also upgrade facilities for customs clearance work.

Under the prime minister’s direction, ministries and agencies have continuously reformed their administrative procedures for import-export activities to assist enterprises, contributing to improving the business environment and the nation’s competitive capacity, said Tuan.

Specifically, the customs sector has applied modern risk management solutions and technologies, moved from pre-inspections to post-inspections and developed the national single window to save the customs clearance agency time and costs.

Enterprises have also applauded ministries and agencies’ efforts in reforming import-export management procedures.

Truong Van Cam, vice chairman and general secretary of the Vietnam Textile and Apparel Association, noted that last year had witnessed the impressive growth of the sector, with total export revenue of more than US$36 billion, up 16% year-on-year thanks to customs’ administrative procedure reforms.

saigontimes



NEWS SAME CATEGORY

More than 50 per cent of IT companies need to recruit heavily in 2019

Up to 53.6 per cent of information technology (IT) companies said they hope to increase their workforce by 10-30 per cent this year.

Real foreign investment and M&A capital up despite nominal drop

Even though the total foreign-invested capital of the whole year was a bit lower than the last year, the disbursed capital and investments in M&A saw a marked...

The “fantastic four” Japanese retailers in Vietnam

Japanese retailers AEON, Takashimaya, 7-Eleven, and FujiMart will create new consumer habits instead of buying and hunting for sales like Big C and Metro Cash &...

Quang Tri gets PM approval for $614 million port project

The central province of Quang Tri is going to build a seaport at a cost of VND14 trillion (US$614 million) at local My Thuy Beach in an attempt to boost development...

VN firms get opportunities in Bulgaria

The Viet Nam-Bulgaria Trade Promotion and Investment Centre opened in Ha Noi on Saturday, improving conditions for Vietnamese businesses to boost investment and...

Enhance accountability for SOEs: PM

Prime Minister Nguyen Xuan Phuc asked accountability to be enhanced in the restructuring and divestment of State-owned enterprises (SOEs) to improve the efficiency...

Cao Lanh, Hoi An jointly promote local tourism

Cao Lanh City in Dong Thap Province and Hoi An City in the central province of Quang Nam this year will execute agreements involving tourism, signed by end-2018, Le...

Youngsters lead VN’s start-up scene

Viet Nam is among the most dynamic start-up hubs in the world and well-educated, young entrepreneurs are expected to improve the country’s position on the global...

HCMC’s Tet gift hamper market

Ly Kim Thu of HCM City’s District 3 was choosing gift hampers at a supermarket near home for Tet (Lunar New Year) holidays, which fall on February 5 this year.

South-eastern provinces see growth

Provinces in the country’s south-eastern region have reported not only high economic growth in 2018 but also a trade surplus.


MOST READ


Back To Top