Hanoi tightens trade protection measures (10:18 16/09/2020)

HNP - Hanoi People’s Committee issued Document No.4432/UBND-KT on September 11, regarding state management in trade protection activities. 

Under the Document, the municipal People’s Committee requested the Department of Industry and Trade to raise public’s awareness regarding laws and regulations related to rules of origins and trade protection, especially those stipulated in free trade agreements (FTAs) that Vietnam is a member of; regulations from potential export markets or major trade partners of Vietnam; updating in a timely manner list of goods and products of Vietnam that are subject to anti-dumping and anti-subsidy probes, or those highly susceptible  to  origin fraud/illegal transshipment; cooperating with related agencies in providing information related to products under anti-dumping and anti-subsidy probes. 
Meanwhile, Hanoi People’s Committee also assigned the Department of Planning and Investment to close oversee investment activities into business and production sectors having goods in the monitoring list of the Department of Trade and Industry. 
The Department of Planning and Department is responsible for reviewing projects that imply potential  obsolete technologies transfer into Vietnam to enjoy preferential treatments from Vietnam’s FTA partners, including those of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the EU - Vietnam Free Trade Agreement (EVFTA), and the Vietnam - Korea Free Trade Agreement (VKFTA), among others; stepping up training for staffs managing foreign investment and updating information related to goods with high risks of trade frauds for appropriate measures. 
The Department of Customs in Hanoi would follow statistics related to trade activities of goods in the monitoring list to timely identify violation of rules of origins and other issues related to trade frauds. 

By Ngoc Lam

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