Chinese steel labelled Vietnamese-made for export under examination
The Ministry of Industry and Trade has asked the VCCI and the General Department of Customs to investigate the granting of certificate of Vietnam origin for goods temporarily imported for re - export.
Hanoi (VNA) - The Ministry of Industry and Trade has asked the Vietnam Chamber of Commerce and Industry (VCCI) and the General Department𝐆 of Customs to investigate the granting of certificate of Vietnam origin for goods temporarily importℱed for re - export.
The ministry made the move after Khiet Tam Trade and Service Co., Ltd in Ho Chi Minh City and Quoc Viet Co., Ltd in the Mekong Delta province of Long An were found to have violated regulations related to the origin of goods when they shipped Vietnam labeled steel products originated from China to Europe to enjoy high profit.
The ministry also requested the agencies to take strict measures against organisations and individuals related to the case in order to protect the prestige of Vietnamese exports.
Slack technical barrier and loose enforcement of legal regulations are the reasons behind the massive import of Chinese steel into Vietnam, experts said.-VNA
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Illustrative image (Source: VNA)
