Viet Nam and New Zealand to use electronic clearance for agricultural products

Jul 22nd at 13:56
22-07-2020 13:56:43+07:00

Viet Nam and New Zealand to use electronic clearance for agricultural products

Viet Nam and New Zealand signed an agreement to use electronic certification in the clearance of agricultural products in Ha Noi yesterday.

Under the agreement, the Ministry of Agriculture and Rural Development (MARD), the Ministry of Finance (MoF) of Viet Nam and New Zealand's basic ministries and industries will facilitate the clearance of agro-forestry and fishery products through the use of electronic certification (e-Cert), which is an online method of exchanging consensus information among government agencies.

Deputy Minister of MARD Le Quoc Doanh said: “As the global trade supply chain was increasingly complicated under the influence of the COVID-19 pandemic as well as growing technology, it is important to establish a fast, secure and reliable information exchange system through online solutions.”

He added more countries were replacing their paper system with the online solutions as the direct exchange of electronic certification data simplifies import-export processes for agro-forestry, fishery and food products, as well as speeds up customs clearance, reduces costs, increases reliability and transparency.

At the same time, the eCert could lower the possibility of fraud in trading, he said, adding: “The establishment of e-Cert system between the two will create more favourable conditions for import-export businesses and customs officers.”

Doanh said: “eCert with New Zealand is an important step to help Viet Nam integrate more into the global trading system and create a favourable roadmap for Viet Nam to access other potential markets.”

Doanh said the two countries would continue to do other things to complete the agreement and put the certification into practice.

Deputy Minister of MoF Vu Thi Mai said her ministry considered this agreement to be a breakthrough initiative as it has contributed to facilitating trade between the two countries, promoting growth and ensuring effective enforcement of laws and protecting the community through bringing high-quality products to consumers.

The agreement would help expand the administrative reform and the use of more electronic documents in Viet Nam as well as simplify and harmonise administrative procedures in bilateral trade in order to further facilitate goods exchange between the two countries.

At the same time, New Zealand Ambassador to Viet Nam, Wendy Matthews, said the agreement would help trade between the two countries become faster, safer and cheaper, adding: “New Zealand has always been the leading country in the world in the field of electronic certification. It has successfully established an electronic certification system with many trading partners, many of which are ASEAN ones.”

She added the security exchange mechanism of eCert would help avoid risks of losing data, counterfeiting and wrongdoings.

New Zealand and Viet Nam celebrated the 45th anniversary of the establishment of bilateral diplomatic relations this year. By the end of 2018, New Zealand had 28 valid projects with a total registered capital of approximately US$101.94 million, ranking 41 out of 20 countries and territories investing in Viet Nam, while Viet Nam has six joint venture projects invested in New Zealand with a total registered capital of $25.62 million in the fields of processing and manufacturing industries; hotel and dining and agriculture production industry. 

bizhub



NEWS SAME CATEGORY

Hexagon’s solutions to cut emissions

The announcement was made last week, which outlined the plans that will see Hexagon Peak join forces with NWIT, a fully-owned subsidiary of Foxconn Group. The new...

Global shutdown continues to hinder export numbers

Vietnam is expected to continue witnessing massive difficulties in boosting exports in the second half of 2020 due to its key markets suffering from a decline in...

New renewable energy policy enters limelight

With its strong commitment to reducing CO2 emissions and with a healthy investment outlook, Vietnam has been deemed by industry insiders to be the most exciting...

More than 49 per cent of manufacturing firms optimistic about Q3

The number of processing and manufacturing enterprises optimistic about the business outlook in the third quarter increased compared to the previous three months...

VSIP Quang Ngai receives National Green IP award

The Viet Nam-Singapore Industrial Park (VSIP) in the central province of Quang Ngai has been awarded the National Award for Green Industrial Park 2020 by the...

Flexible origin rules will bring benefits to local plastic producers

Flexible rules of origin in the European Union-Viet Nam Free Trade Agreement (EVFTA) will help local plastic enterprises take full advantage of preferential tariffs...

Bac Giang to expand industrial parks, clusters to lure investment

The northern province of Bac Giang plans to focus on developing industrial parks and clusters to welcome a new wave of investment to the locality, according to...

Tra Vinh District gets brand certifications for specialty agricultural products

Cau Ke District in Tra Vinh Province has received brand certifications for its three specialty products, Hoa Tan sap coconut, Tan Qui mangosteen and Tra Ot king...

Dong Thap Province to focus on boosting tourism

Dong Thap Province will take a number of measures to attract tourists after the COVID-19 pandemic is fully controlled, according to its People’s Committee.

Local budget and production lose out due to tobacco smuggling

 Viet Nam’s State budget has lost VND8.5 trillion each year due to tobacco smuggling, experts revealed at a seminar in Ha Noi.


MOST READ


Back To Top