Doosan Vina receives AEO certificate
Doosan Heavy Industries Vietnam (Doosan Vina) announced on April 12 that it has become the first company in the central province of Quang Ngai to receive the Authorized Economic Operator (AEO) certificate from the General Department of Vietnam Customs.
With this certificate, Doosan Vina is entitled to many customs priorities, such as significantly reduced customs lead time, cost savings due to exemptions from inspections, and lower storage charges.
Also, Doosan Vina will also promote its corporate image as a professional exporter to partners, suppliers and commercial banks in order to gain easier access to capital.
To achieve this certificate, the company has continuously complied with legal requirements, such as full compliance with customs and tax requirements; e-customs; e-tax; transparency of export-import payments; internal control systems; compliance with accounts and audits; and achieving yearly export-import turnovers.
The certificate came into effect on March 20, 2019 and will be reviewed for renewal every three years.
Doosan Vina is a high tech industrial complex in the Dung Quat Economic Zone of the province, employing 2,000 Vietnamese. Its products include boilers for thermal power plants, desalination plants, material handling systems, such as cranes, modularization and structural steel for refineries, buildings and infrastructure developments.
To date, the company has exported US$2.4 billion worth of products.