Self-certification of origins to be implemented

by VTV403 May 2018 Last updated at 07:22 AM

VTV.vn - Starting next year, Vietnamese enterprises that export goods to the EU will be allowed to self-certify the origins of their goods in order to qualify for preferential tariffs.

This is a mandatory requirement of the EU for several countries, including Vietnam. The responsibility of certifying the origins of goods will be transferred from specialized agencies to enterprises (or importers). This means that enterprises (or importers) must carry out procedures themselves to meet standards and must take responsibility for their accuracy. Self-certification is expected to make export activities more efficient and beneficial, including reducing time and transaction costs, as well as help businesses meet standards of origins specified by FTAs.

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