Ministry issues new circular on certificates of origin
The circular, effective from July 1, regulates two entities authorised to issue C/O: the ministry’s Agency of Foreign Trade and organisations authorised by provincial and municipal People’s Committees.
A container ship at Gemalink International Port. (Photo: VNA)
Hanoi (VNA) - The Ministry of Industry and Trade has issued a circular detailing procedures for issuance of certificates of origin (C/Os) and written approvals for self-certification of origin by exporters, a move to decentralise and streamline trade administration.
The circular, effective from July 1, regulates two entities authorised to issue C/Os: the ministry’s Agency of Foreign Trade and organisations authorised by provincial and municipal people’s committees.
The issuance process will be conducted via the eCoSys platform at the address www.ecosys.gov.vn. The system is managed by the Department of e-Commerce and Digital Economy and integrated with the national Single Window system.
Authorised bodies must publish their procedures and provide guidance to businesses to ensure compliance with regulations.
The Agen💖cy of Foreign Trade will provide training and conduct periodic inspections to ensure smooth issuance of C/Os nationwide./.
As Vietnam deepens its integration into the global economy through more than 15 free trade agreements (FTAs), including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), origin transparency has become a non-negotiable requirement to access tariff preferences and avoid trade defence measures.
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Hien explained that rules of origin are a set of criteria used to determine the country where a product is manufactured (i.e. country of origin). These rules are especially important for goods produced using inputs from multiple countries, and require clearly defined methods and standards to identify the origin accurately.
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