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EC extends REX system for Vietnamese exporters

by VTV423 July 2020 Last updated at 08:10 AM

(Image for illustration)
(Image for illustration)

VTV.vn - The European Commission (EC) has extended the Registered Exporter system (the REX system) for Vietnam until the end of December 31 this year.

According to the Vietnam Chamber of Commerce and Industry (VCCI), only a few enterprises have registered for certificates of origin.

As of June 30, only 2,400 REX codes were registered and are active. The Minstry of Industry and Trade recommended that companies should be updated so that Vietnam can ensure the implementation schedule of the REX system and take advantage of tariff preferences in the EU's Generalised Scheme of Preferences (GSP).

Companies should get in touch with VCCI promptly to be instructed and register a REX code for themselves.

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