VIETNAM: Abolishes export licenses on US garment exports
Export licences are no longer be required for textile and garment shipments to the US, a government group has announced.
The licences had been required on an interim basis for the past four months to enable authorities to monitor the volumes of exports to the US market and avoid anti-dumping actions by the US Department of Commerce (DOC).
But on 15 June the Inter-Ministries of Trade and Industry issued an official notification to say export licences would not be needed on shipments registered from 22 June onwards.
Export categories registered before 22 June will, however, still need export licenses until 15 July.
The decision to abolish export licenses was proposed by the Vietnam Textile and Apparel Association (Vitas).
By Ngo Tuan.
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