The Ministry of Industry and Trade is seeking feedback for a draft circular specifying the criteria for recognizing products and goods that are made in Vietnam. A T-shirt bears a Made-in-Vietnam label. The Ministry of Industry and Trade is collecting feedback for a draft circular on the criteria for determining which products and goods are made in Vietnam – PHOTO: PHAM LE The draft circular is mainly based on the rules of origin, which are being applied to exports from Vietnam, including the Government’s Decree 31/2018 detailing the Law on Foreign Trade Management on the origin of goods. The methods used to determine the origin of goods cover wholly obtained goods, regional value content and the harmonized commodity description and coding system, also known as the harmonized system of the World Customs Organization. Individuals and organizations take their production and outsourcing processes into account when using phrases such as “Product of Vietnam,” “Vietnamese goods,” “Made in Vietnam,” “Manufactured in Vietnam,” or “Created in Vietnam” on their goods’ labels. The goods are listed as Vietnamese products if they are wholly obtained or produced in Vietnam or if they are not wholly produced or obtained products but have completed their final production… Read full this story
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Trade ministry gathers feedback for Made-in-Vietnam draft circular have 246 words, post on dtinews.vn at August 3, 2019. This is cached page on Drudgereport. If you want remove this page, please contact us.