NEWS

Receiving tolls

Receiving tolls   1. The ETC provider shall refund total amount of tolls collected from ETC booths to the investor for capital recovery as prescribed in the project contract, after deducting the cost incurred in ETC operation. The time for and method of transfer of money shall be agreed by the investor and the ETC provider provided that the transfer shall be done no later than 24 hours since the previous transfer except for exception circumstances as agreed in the agreement [...]

Read more...

Using an ETC account

Using an ETC account   1. The vehicle user may top up his/her ETC account (at the toll booth, via banking service and other form) to use ETC service as per regulation. 2. A road vehicle with transponder which has not enough balance in the ETC account to pay a toll on ETC lane must change to the mixed-use lane. 3. The ETC provider shall open an account in a commercial bank to receive tolls charged to vehicle users going through ETC booths. 4. [...]

Read more...

Management and maintenance of toll booths

Management and maintenance of toll booths   1. An ETC provider is responsible for operating and maintaining the components and equipment used for toll collection under their management. The cost incurred in management, operation and maintenance shall be included in the financial plan of the ETC project. 2. The investor shall operate and maintain the components and equipment, other than those specified in clause hereof. The cost incurred in management, operation and maintenance shall be included in the financial plan of project [...]

Read more...

Operation of ETC

Operation of ETC   1. Time for operation of ETC a) A toll booth which has installed the ETC system must operate ETC as soon as possible. b) A toll booth which has been operating but has not been installed with the ETC system must, no later than December 31, 2020, operate the ETC as per this Decision. c) A toll booth under management of Vietnam Expressway Corporation shall have its time for performance subject to consideration of the Ministry of Transport and Committee [...]

Read more...

Validity of proof of origin

Validity of proof of origin   1. A proof of origin shall be valid for 12 months from the date of issuance in the exporting Party, and shall be submitted to the customs authorities of the importing Party within that period. 2. Proofs of origin which are submitted to the customs authorities of the importing Party after the period of validity referred to in paragraph 1 may be accepted for the purpose of applying preferential tariff treatment of EVFTA, when the importer [...]

Read more...

Issue of a duplicate C/O

Issue of a duplicate C/O   1. In the event of theft, loss or destruction of a C/O, the exporter may apply to the competent authorities which issued it for a duplicate made out on the basis of the export documents in their possession. 2. The duplicate issued in this way must be endorsed with the following phrase in English: “DUPLICATE”. 3. The duplicate, which must bear the date of issue of the original C/O, shall take effect as from that date. Article 24. [...]

Read more...

General requirements

General requirements   1. Products originating in the Union shall, on importation into Viet Nam, benefit from EVFTA upon submission of any of the following proofs of origin: a) a certificate of origin made out in accordance with Articles 20 to 23. b) an origin declaration made out in accordance with Article 24 by an approved exporter within requirements of the Union for any consignment regardless of its value; any exporter for consignments the total value of which does not exceed 6.000 EUR [...]

Read more...

Non-alteration

Non-alteration   1. Products declared for home use in a Party shall be the same products as exported from the other Party in which they are considered to originate. They shall not have been altered, transformed in any way during transport or storage or subjected to operations other than operations: a) to preserve them in good condition. b) other than adding or affixing marks, labels, seals or any other documentation to ensure compliance with specific domestic requirements of the importing Party. c) the operations [...]

Read more...

Sets

Sets   Sets, as defined in General Rule 3 of the HS, shall be regarded as originating when all component products are originating products. When a set is composed of originating and non-originating products, the set as a whole shall be regarded as originating, provided that the value of the non-originating products does not exceed 15 percent of the ex-works price of the set. Article 14. Neutral Elements In order to determine whether a product originates in a Party, it shall not be [...]

Read more...

Insufficient working and processing

Insufficient working and processing   1. The following operations shall be considered as insufficient working or processing to confer the status of originating products, whether or not the requirements of Articles 7 and 8: a) preserving operations to ensure that the products remain in good condition during transport and storage. b) breaking-up and assembly of packages. c) washing, cleaning, removal of dust, oxide, oil, paint or other coverings. d) ironing or pressing of textiles and textile articles. dd) simple painting and polishing operations. e) husking and partial [...]

Read more...