Management of product origin to be enhanced

The General Department of Customs has ordered the management of origin and labels of imported products to be enhanced.
Management of product origin to be enhanced ảnh 1Officers of HCM City Customs check imported goods. (Photo: VNA)

Hanoi (VNA) -
The General Department of Customs has ordered the management of origin andlabels of imported products to be enhanced.

The move comes in thewake of a probe into Khaisilk’s trade fraud of selling"Made-in-China" products under the Vietnamese brand, which caused astir.

Accordingly, customsdepartments across the country must enhance their management of product originand labels following the Government’s Decree 19 on product origin, Decree 43 onlabeling and Ministry of Finance’s Circular 38 on customs managementprocedures.

Special attention mustbe paid to Vietnamese companies’ products that were produced abroad and thenimported into the country.
All violations must bereported to the General Department of Customs.

According to currentregulations, organisations and individuals placing goods in circulation must bein charge of labeling, and the labels must provide clear and accurate productinformation.

The Khaisilk fraud was uncoveredmore than a week ago when a company which bought Khaisilk-branded scarves at aKhaisilk store on Hang Gai shop in Hanoi found one scarf with two tags – onewith “Khaisilk Made in Vietnam” and the other with “Made in China.”

Hoang Khai, chairman ofthe group which is considered a top Vietnamese silk brand, later admitted thatthe scarves were actually imported from China.

On November 4, DeputyPrime Minister Truong Hoa Binh asked the Ministry of Industry and Trade incoordination with relevant ministries to clarify violations of Khaisilk andreport the findings before December 15.

Customs’ statisticsshowed that imports of silk products from China were worth 1.2million USD in the first nine months of this year, while the figures were 2.3million USD in 2016 and 4 million USD in 2015. From 2015 to September2017, Vietnam imported more than 8,800 silk scarvesfrom China, worth some 35,800 USD.

In another development,the Hanoi Department of Taxation recently reported on the tax payments ofKhaisilk’s store on Hang Gai Street.

Accordingly, the store,which is owned by Nguyen Thu Nga and began selling silk products from January2004, earned revenue of 14 billion VND in the January-September period and paidtax of more than 200 million VND for the period.

The company earned 15.6billion VND in 2015 and 16.11 billion VND in 2016 as revenue, and paid taxesworth 234 million VND and 241 million VND, respectively.

The tax department saidthat the store was not in arrears of taxes.

Earlier, the GeneralDepartment of Taxation had asked the municipal tax department to report on theperformance of tax payment of Khaisilk Group and its stores in Hanoi.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.