The Crucial Evolution of Customs Law in Vietnam: Steering Towards Trade Promotion and Economic Resilience

 As Vietnam strides confidently into a future marked by significant economic growth and an expanding role on the global manufacturing stage, the evolution of its customs laws stands as a testament to the nation’s commitment to fostering a conducive environment for trade and investment.The expected surge in Vietnam’s wealth and its consolidation as a manufacturing hub...

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What are Prohibited Act in Customs in Vietnam?

 According to Article 10, Customs Law in Vietnam, prohibited acts in customs in Vietnam are:1. For customs officials:-Causing troubles and difficulties when following customs formalities;-Screening or colluding with others in smuggling or illegally transporting goods across the border, committing trade or tax fraud;-Taking bribes, appropriating or embezzling temporarily...

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Summary of Customs Development Strategy from 2021 to 2030

In order to create favorable conditions for export and import to ensure state budget revenue and combat smuggling of banned and toxic goods, intellectual property infringement, counterfeiting of origin, affecting national security, contributing to national security create fairness and equality in business as well as modernize the Customs sector, the General Department of Customs...

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Customs Lawyers in Vietnam Update on Customs Law

 Customs laws are some of the most complex laws in any country, and Vietnam is no exception. As a result of the country’s rapidly changing economic situation and its increased globalization, the Vietnam government has had to update and revise its customs regulations frequently. Customs lawyers in Vietnam could help follow up with changes and update the client.Customs...

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The Crucial Evolution of Customs Law in Vietnam: Steering Towards Trade Promotion and Economic Resilience

 As Vietnam strides confidently into a future marked by significant economic growth and an expanding role on the global manufacturing stage, the evolution of its customs laws stands as a testament to the nation’s commitment to fostering a conducive environment for trade and investment.The expected surge in Vietnam’s wealth and its consolidation as a manufacturing hub...

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Sales and Purchase of Ocean Ships in Vietnam

 Ship sales and purchase should involve shipping lawyers in Vietnam whom understand the laws and the shipping industry.For long, maritime activities and carriage of goods by sea are important parts of the international economic life, supporting the import and export of goods, connecting Vietnam to the world commodities market and therefore playing as driving factors behind...

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How to Determine Financial Security to Request for Arrest of Ship?

 According to Article 132 of Vietnam Law on Maritime, to request for arrest of ships, it is required to provide financial security to ensure that there is a way to hold the requester responsible in case the request is wrongful.The person requesting arrest of ships must provide financial security in either or both of the following forms:i) Submitting asset-backed security...

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