Overload of origin applications causing businesses to worry about delayed orders
As certificate of origin applications pile up, businesses are increasingly anxious that the resulting delays could disrupt shipments and jeopardize customer commitments.
Increasingly, businesses in Vietnam are expressing concern over delays in obtaining certificates of origin (C/O), which could disrupt shipments and threaten customer commitments. Authorities report a significant surge in C/O applications, particularly in Ho Chi Minh City. At a recent conference, businesses shared their struggles with the certificate declaration, submission, and processing procedures.
The workload has led to longer processing times, increased costs, and difficulties in meeting delivery schedules and tariff preferences. Some companies now experience processing delays that exceed 10 days, up from just three days in the past. Additionally, differences in Harmonized Commodity Description and Coding System (HS) codes between Vietnam and importing markets create further complications, leading to potential penalties and renegotiations with partners.
Experts advise businesses to ensure complete, accurate applications and digital signatures, and to submit applications in their operating localities to alleviate the pressure on Ho Chi Minh City.
Written by urgent.news from SGGP English Edition Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
