National Assembly passes revised customs law

The National Assembly (NA) passed the Law on Customs (revised) with 92.37 percent of vote on June 23 during its ongoing seventh session.

Consisting of eight chapters and 104 articles, the revised law confirms that the State creates all possible conditions for import, export, transit, exit, and entry activities to and from Vietnam.

It looks to make the Vietnam Customs force pure, strong, professional, modern, transparent, effective and productive. In the morning session, NA deputies discussed draft amendments to the Investment Law.

Almost all deputies concurred with the Government’s proposals and the verification report of the NA’s Economic Committee, which stressed the need to issue the (revised) Investment Law for continuing bettering policies and speeding up the administrative reform for investment activities.

They also commented on how to enhance State management on investment, clarify the State’s prioritised fields to encourage and attract investment, improve investment certificate granting procedures, and step up coordination among authorities at all levels in the field.

The deputies proposed that the compiling board soon reexamine other related legal documents to ensure their consistency.

Source: VNA

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