Contagion

Talking to PV Tien Phong, Mr. Nguyen Ngoc Luan, General Director of Meet More Coffee and Agricultural Products Company - a business exporting coffee to Russia, said that the Russia-Ukraine conflict is causing a lot of difficulties for distributors. of businesses in Russia. “On the occasion of the 2022 Lunar New Year, Meet More exported 2 containers of coffee to the Russian market, and at the same time participated in the fair here and there were many good signals, then all of a sudden, the conflict between Russia - Ukraine has affected. not small for businesses”. The first is the USD rate. Previously, 70 rubles exchanged for 1 USD, now 97 rubles / 1 USD (an increase of nearly 40%), so paying and transferring foreign currency abroad is even more difficult. All major shipping lines in the world do not go to Russia due to embargoes of countries. “Our distributor is supplying goods in 3 regions of Russia, Although received orders from the company, but could not bring goods from Vietnam to Vietnam, so they had to share goods from one area to another, the transportation fee increased by 70%. Previously, the freight for a container was only 120,000 rubles, but now it has increased by 220,000 rubles. These are the difficulties of Vietnamese enterprises exporting goods to Russia "- Mr. Luan said.

Phuc Sinh Group exports 30 million USD of agricultural products (pepper, coffee, cashew, coconut) to Russia every year. Currently, about 50% of the orders of this enterprise to Russia are stuck because Vietnamese banks do not dare to receive export documents to Russia after the US and EU removed a number of Russian banks from the international payment network. SWIFT. For orders that have been successfully delivered but not yet paid, the two sides are looking for a solution. As for the orders that are on the way but the documents have not been sent, this company informed the shipping company to dock at ports on the way to Russia such as Turkey and Singapore to find other purchase partners. “Enterprises with a large export market like us can manage to find other partners, and small businesses, especially enterprises that export frozen vegetables and seafood, are on their way but have to turn around or dock at another port. There will be a lot of damage due to damaged goods,

Businesses are facilitated when exporting goods Photo: Ngo Binh

Ho Guom Group Joint Stock Company, which specializes in exporting garments to Russia, is also being heavily affected by the Russia-Ukraine conflict. Due to Russia's sudden exclusion from the SWIFT international payment system, the company's $4 million export order to the Russian market has yet to be paid. Some other orders were detained on the way to Russia. Not to mention, this company has bought 40 containers of raw materials (when converted to finished products, worth nearly 5 million USD), must wait for renegotiation with the Russian partner. “Orders are in warehouses overseas, any day long, businesses have to lose money on that day. We are looking for a solution," said the representative of the enterprise.

Similarly, TNG Investment and Trading Joint Stock Company is having difficulty with garment shipments it has made to its Russian partner with a contract value of up to 12.5 million USD. The reason is that Western countries apply sanctions and tighten business with the Russian market, causing international carriers to refuse to accept orders for delivery to Russia. Therefore, up to now, TNG has not been able to deliver the goods to customers in Russia despite the due date.

Facilitating SMEs

Ho Chi Minh City Customs Department said that there have been instructions sent to Vietnam's import and export enterprises, according to which, for goods that have undergone export procedures, if enterprises have a need to bring goods back to Vietnam. then carry out re-entry procedures according to regulations. At the same time, the customs forces of the branches will create favorable conditions for shipments to be exported to Ukraine and Russia but cannot be brought into these two countries for re-import procedures or export to other markets.

In case goods have completed export procedures but must be re-imported back into Vietnam, enterprises shall carry out customs procedures for re-import according to the provisions of Article 47 of Decree No. 08/2015/ND-CP of the Government. In this case, the customs declarant is not required to submit a license or a written notification of specialized inspection results; settle tax-free procedures if, at the time of carrying out re-import procedures, the customs declarant submits a complete set of dossiers of non-collection of tax as prescribed.

Many Vietnamese businesses are facing difficulties when exporting or importing goods to the Russian market due to the war between Russia and Ukraine Photo: UP

In case the foreign partner refuses to receive the goods and the Vietnamese enterprise requests to change the import partner, the enterprise shall carry out the procedures for amending and supplementing information on the customs declaration and submitting and presenting supporting documents. demonstrate the amendments and supplements as prescribed in Article 20 of Circular No. 38/2015/TT-BTC, as amended and supplemented in Circular No. 39/2018/TT-BTC of the Ministry of Finance.

In case the goods have been registered for the customs declaration but cannot continue the export procedures, the enterprise requests to cancel the export customs declaration in order to bring the goods back to the inland, then the customs declaration shall be canceled according to regulations. determined.