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Vietnamese businesses take note as Singapore updates import-export regulations

03 tháng 01. 2025

According to a VNA reporter in Singapore, the country has applied a number of new regulations in import-export procedures and is consulting on a number of related issues.

Updates from the Vietnam Trade Office in Singapore show that a number of new policies have been issued and are being consulted by Singapore. Firstly, Singapore has issued a Circular amending the export procedures for processed meat and egg products from accredited processing establishments abroad, effective from December 1, 2024.

Accordingly, the Singapore Food Authority (SFA) has shifted from product-based approval to content-based approval such as commodity form; commodity type of processed products intended for export. Overseas authorities are not required to submit export applications for other processed meat and egg products, from SFA-approved processing establishments, if these products are of the same form and commodity type as approved.

The SFA also requires the form of the goods, such as heat-treated or not, to be clearly marked on each exported product, and expands the definition of poultry to include chicken, turkey, duck, goose, quail, pigeon, pheasant, and pheasant. According to the Vietnam Trade Office in Singapore, although Vietnam is not currently allowed to officially export these products to Singapore, Singapore is considering recognizing processing facilities in Vietnam.

The second is the Circular on amending the import licensing fee for frozen, chilled and processed meat products. Starting from November 18, 2024, the SFA will increase the import licensing fee for frozen, chilled and processed meat products to SGD 300, equivalent to approximately USD 219.65, per license (the previous licensing fee was SGD 4.6/100 kg or part of 100 kg). The Vietnam Trade Office in Singapore said that although Singapore is not yet allowed to import these products into Singapore, it is considering importing this group of products from Vietnam.

In addition, the Singapore Ministry of Trade and Industry (MTI) and Singapore Customs are also conducting a public consultation on the Import and Export Regulations Amendment Bill, with the consultation period running from December 9, 2024 to February 7, 2025. The amendment bill aims to establish a framework for the issue of “trade information certificates”, which certify matters relating to any goods (goods imported into, exported from, transshipped into or transited through Singapore; and goods assembled, processed or manufactured in Singapore). In addition, the amendment bill will expand the scope of search warrant issuance to improve the operational efficiency of Customs.

The Vietnam Trade Office in Singapore recommends that industry associations, import-export enterprises, and Vietnamese processing enterprises pay close attention to local regulations before conducting import-export activities to avoid being sanctioned by Singaporean authorities for violating regulations.

Source: Vietnam.vn
 

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