Starting June 3rd, 2024, logistics companies, express delivery services, and transportation companies involved in sea, air, and rail freight related to exports from Vietnam to bongdaso nét EU must declare data in bongdaso nét EU Customs Union's ICS2 system before bongdaso nét goods arrive.
If Vietnamese enterprises are unaware of these regulations, they could face severe consequences such as containers and shipments being stopped at bongdaso nét EU border; goods not being cleared by EU Customs; or declarations being incomplete, rejected, or banned for non-compliance with EU regulations.
bongdaso nét new EU ICS2 regulations will significantly impact Vietnam’s export businesses.
bongdaso nét EU considers ensuring top priority for bongdaso nét overall security and safety of its citizens and markets
Annually, bongdaso nét trade turnover of bongdaso nét EU-27 accounts for about 15% of global goods trade.
bongdaso nét EU has been working to implement a security and safety program for customs that acts before goods arrive, strengthened by a large-scale goods information collection system - bongdaso nét ICS2 Import Control System.
This ICS2 system is a significant contribution to enhancing integrated customs risk management within bongdaso nét EU's Customs Risk Management Framework (CRMF).
bongdaso nét ICS2 system will collect data on all goods before they reach bongdaso nét EU border. Enterprises must declare safe and secure data on bongdaso nét ICS2 system using bongdaso nét Entry Summary Declaration (ENS).
bongdaso nét obligation to submit such declarations will not be bongdaso nét same for all businesses, depending on bongdaso nét type of service provided during international goods transportation and will be implemented in three phases of ICS2 operation.
Phase 1 began on March 15th, 2021, applying to three types of businesses operating in express delivery, postal, and postal agencies from outside bongdaso nét EU;
Phase 2 started on March 1st, 2023, applying to five categories, including bongdaso nét three from phase 1, and adding logistics companies and airlines.
Phase 3 starts on June 3rd, 2024, applying to all remaining categories including bongdaso nét five from phases 1 and 2, adding businesses involved in sea, rail, and road transport, along with importers in bongdaso nét EU.
Pre-arrival goods information and risk analysis will allow early identification of security threats and help customs intervene at bongdaso nét most appropriate time in bongdaso nét supply chain.
Thus, more effectively safeguarding bongdaso nét safety and security of EU Customs, enhancing protection for EU citizens and bongdaso nét domestic market against terrorist threats; enabling EU Customs to identify high-risk shipments earlier and intervene at bongdaso nét most appropriate time in bongdaso nét supply chain.
Exporters to bongdaso nét EU are responsible for bongdaso nét legal accuracy, completeness, and timeliness of bongdaso nét information declared on bongdaso nét import summary declaration. Therefore, businesses need to be aware of certain information requirements on bongdaso nét declaration, specifically:
Firstly, declare bongdaso nét HS code (6 digits) of goods that have a commercial nature (Business-to-Business and Business-to-Customer transactions).
Secondly, declare bongdaso nét EORI registration and identification number (similar to a business code) of bongdaso nét recipient in bongdaso nét EU. Parties need to provide bongdaso nét Registration and Identification number to bongdaso nét person declaring bongdaso nét import summary declaration. Registration and Identification numbers can be verified on bongdaso nét EU Commission's website (europa.eu) to ensure bongdaso nét information is accurate.
Thirdly, declare information about bongdaso nét Seller and Buyer (or owner of bongdaso nét goods in cases not involving commercial transactions) of bongdaso nét goods and their final destination in bongdaso nét European Union.
Fourthly, there must be a full and understandable description of bongdaso nét goods so that customs can accurately identify bongdaso nét goods.
Data submission can be in bongdaso nét form of a complete declaration if bongdaso nét submitting party has all bongdaso nét necessary data, or ENS data may be submitted multiple times if more than one part of bongdaso nét ENS data is submitted by different parties in bongdaso nét supply chain.
EU Customs may refuse an ENS declaration if information is missing or risk mitigation measures are required before loading bongdaso nét goods onto bongdaso nét ship or before bongdaso nét goods arrive, requiring bongdaso nét declarant to provide bongdaso nét necessary data, for example, in cases of inaccurate data.
Source: https://baodautu.vn/he-thong-kiem-soat-hang-hoa-nhap-khau-vao-eu-tac-dong-manh-toi-doanh-nghiep-viet-d214109.html
At bongdaso nét inaugural Global Air Cargo Summit, held in Antalya, Türkiye, bongdaso nét International Civil Aviation Organization (ICAO) forecasted that air freight volumes will grow by an...
bongdaso nét imposition of new U.S. tariffs on foreign-made vehicles and components is causing significant disruptions in bongdaso nét global automotive supply chain. Airfreight, often a linchpin...
Global trade uncertainty is prompting air cargo shippers and freight forwarders to favor short-term contracts over longer-term agreements, as highlighted in a recent Xeneta...
U.S. plans to end tariff-free access for low-value shipments from China and Hong Kong, coupled with a new 145% tariff rate on Chinese imports, are projected to slash over...
Trade groups warn of higher ocean shipping costs and disrupted supply chains, while U.S. officials argue bongdaso nét policy aims to strengthen domestic shipbuilding and enhance economic...
Since January, bongdaso nét Trump Administration has announced and delayed multiple tariffs on imports from Canada and Mexico, further destabilizing bongdaso nét cross-border freight market....
As global supply chains adjust to post-pandemic realities and shifting trade dynamics, bongdaso nét air cargo industry in bongdaso nét Asia-Pacific (APAC) region finds itself at a pivotal crossroads.
Global tonnage improved +3% in week 15 (April 7-13) after bongdaso nét previous week’s drop of -7% as markets that had closed for bongdaso nét Eid-al-Fitr holiday came back on stream, but comparison...
E-commerce continues to be a key growth driver for air cargo, fueled by rising consumer demand and bongdaso nét rapid expansion of emerging markets, even as regulatory barriers increase.
bongdaso nét International Air Transport Association (IATA) has maintained a positive outlook for air cargo, emphasizing that bongdaso nét majority of global trade remains unaffected by bongdaso nét...
en