In the period 2016 – 2020, the export of goods increases 11%/year on average

The Prime Minister has just signed the Decision No. 1233/QD-TTg dated 1233/QD-TTg of the Prime Minister approving the import management scheme by 2020 in conformity with the international commitments with the vision to provide guidance on import management activities in order to meet the objectives stated in the strategy for export and import of goods for the period 2011 – 2020 with a vision to 2030, such as an average increase of 11%/year in the export of goods, an average increase of less than 10%/year in the import of goods reported for the period 2016 – 2020. Gradually reduce the trade deficit and work towards the trade balance in 2020.

At the Scheme, the Prime Minister defines to sustain the current system for applying measures to ban import of certain goods in order to ensure the national security, environment and occupational safety and achieve other relevant public objectives in conformity with International Agreements of which our country is a signatory and member; apply import management measures in the form of permits for import of goods that may cause impact on the national security and defense, social order, occupational and traffic safety, and environment as well as the people’s health and consider applying automatic import permits to necessary situations to monitor and control import activities in order to assist in the work of administration, data analysis and study to draw up policies.

The relevant ministries and industries are required to intensify the work of preventing fraudulent origins of imported products, and taking control of the situation in which goods that fail to conform to product origin standards, or goods with fraudulent origins, will be treated as preferential ones which can result in illegal competitions and contribute to protecting domestic production and consumer rights; learn international experience so that it will apply to the import management by implementing sanitary, phytosanitary and food safety measures in which only enterprises accredited for food production activities and food safety practices by Vietnam’s competent authorities will be permitted for import of their goods into Vietnam.

This Decision takes effect on the signing date.