Ministry of Industry and Trade (MoIT) assumes sole responsibility for issuing Certificates of Origin (C/O) from May 5 onwards.
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🗓 Starting May 5, 2025, the Ministry of Industry and Trade (MoIT) takes charge as the sole overseer of Certificates of Origin (C/O) in Việt Nam, aiming to streamline bureaucratic procedures, foster digital transformation, and combat fraudulent origin claims. This shift is a part of MoIT's implementation of the Law on Government Organisation 2025 and the Law on Local Government Organisation.
On April 21, the Minister of Industry and Trade issued Decision No. 1103/QĐ-BCT, centralizing all C/O-related activities under the ministry's jurisdiction. Previously, the Vietnam Chamber of Commerce and Industry (VCCI) held the authority to issue various certificates, including non-preferential C/Os like Form B, certificates confirming unchanged origin, and registration of REX codes under Norway and Switzerland’s Generalised System of Preferences (GSP) scheme. As per the new rules, all related procedures will be handled by MoIT's C/O issuing agencies.
Now, businesses can apply for both preferential and non-preferential C/Os at a single point of contact - the MoIT's authorized offices, simplifying the process and consolidating state management on origin matters. In order to facilitate this change, the ministry has instructed its relevant departments to expedite the digitalization of non-preferential C/O issuance through the national eCoSys platform. This digital upgrade is designed to cut down on administrative burdens, minimize travel costs, and pave the way for full electronic C/O issuance.
The centralized and digital approach aims to increase transparency, improve service efficiency, and support Vietnam's goal of achieving double-digit export growth by avoiding origin fraud and illegal transshipment. Keep an eye on MoIT communications for updates on new C/O application portals or designated agencies post-VCCI revocation. 🔥📱🚀⚓️💼🇻🇳🌐🌱🌏💰👩💼👨💼🎉💥💔
Container cargo handling at Tân Cảng Sài Gòn Port in HCM City. - VNA/NVS Photo Hồng Đạt
- The AI implementation in the Ministry of Industry and Trade (MoIT) could potentially help identify and prevent illegal activities in trade, such as origin fraud and illegal transshipment.
- Businesses involved in international trade should ensure they have the necessary certificates, like Certificates of Origin (C/O), to comply with finance regulations and avoid possible trade wars.
- The digital transformation of C/O issuance, overseen by the MoIT, is expected to not only streamline business but also support the government's initiative to combat illegal activities within the ecosys.
- With the centralization of C/O-related activities, the MoIT aims to bring transparency to business, making it easier for businesses to navigate the intricacies of trade law.
- As the new rules mandate, all C/O procedures will be handled by MoIT's C/O issuing agencies, eliminating the need for travel to other offices for business certification.
- The digitalization of non-preferential C/O issuance through the national eCoSys platform could potentially reduce the need for physical documents, pushing finance and trade towards a more digital and sustainable future.
- The streamlined C/O issuance process, as part of the Law on Government Organisation 2025 and the Law on Local Government Organisation, could boost Vietnam's business and economic growth by fostering legal trade and encouraging investment.
