Applying electronic documents, import and export activities save $3.282 billion

This is the survey result of "Cross-border trade transaction index 2020" announced by the General Department of Customs on the afternoon of September 23, 2021.

The “Cross-Border Trade Transactions” index is a component of the set of indicators to assess the quality of the global business environment in the Doing Business Report conducted by the World Bank (WB). from 2001 to present for 10 economic sectors of 190 countries.

"LIGHTENING" OF TIME AND COST

Implement Resolution 02/NQ-CP of the Government on improving the business environment and national competitiveness, which assigns the Ministry of Finance to assume the prime responsibility for and take responsibility for the Transactions Index. border with the goal by 2021 to increase from 10-15 steps.

To accomplish this goal, the Ministry of Finance has established an inter-sectoral working group under Decision 881/QD-BTC dated May 27, 2019 with the participation of the Vietnam Chamber of Commerce and Industry, the Office of the Government. , Ministry of Planning and Investment, Ministry of Transport, Ministry of Science and Technology, Vietnam Fatherland Front, Vietnam Automobile Manufacturers Association, Vietnam Association of Logistic Businesses with survey mission , deploying solutions to reduce import-export time and costs, create favorable conditions for businesses, and improve the ranking of the Cross-Border Trade Transactions Index.

According to the survey results of the Inter-sectoral Working Group on the Cross-Border Trade Transactions Index in 2019 and 2020, the total average time to carry out cross-border trade procedures (including at the border gate and the time to prepare documents) for exports in 2020 is 38.4 hours, down 57.38 hours compared to 2019 (95.78 hours).

The average total cost of carrying out cross-border trade procedures for exports in 2020 is 338 USD, down 81.72 USD compared to 2019 (419.72 USD).

In which, the average time to carry out procedures at the border gate for exports in 2020 is 28.3 hours, down 22.58 hours; the time to prepare export dossiers is 10.1 hours, down 34.8 hours compared to 2019 results.

The average cost of carrying out procedures at the border gate for export goods is USD 266.76, down USD 15.52; the average cost of preparing export documents was $71.24, down $66.2 compared to the 2019 result.

The average total time to carry out cross-border trade procedures for imports in 2020 is 54.8 hours, down 48.88 hours compared to 2019 (103.68 hours); The average total cost of carrying out cross-border trade procedures for imported goods in 2020 is USD 313.17, down USD 256.41 compared to 2019.

In which, the average time to carry out procedures at the border gate for imported goods in 2020 is 27.17 hours, down 20.83 hours; the average time to prepare import documents is 27.63 hours, down 28.05 hours compared to the 2019 result.

The average cost of carrying out procedures at the border gate for imported goods in 2020 is USD 214.23, a sharp decrease of USD 195.65 compared to 2019; the average cost of preparing import documents is 98.94 USD, down 60.76 USD compared to 2019.

98% EXPORT ENTERPRISE SATISFIED WITH ELECTRONIC DOCUMENTS 

As reflected by businesses, one of the important reasons that helps businesses save time and costs in carrying out cross-border trade procedures for imported and exported goods is the electronicization of transactions. documents such as: specialized inspection documents sent through the National Single Window, applying electronic C/O...

Especially the regulations on submitting electronic documents in carrying out customs procedures according to Decree 59/2018/ND-CP dated April 20, 2018 of the Government and Circular 39/2018/TT-BTC dated 20/02 April 2018 of the Ministry of Finance.

Enterprises said that the submission of electronic documents to replace paper documents has helped save a lot of time and costs for preparing documents as well as carrying out customs clearance procedures such as printing costs, processing time. Time and travel costs of staff doing procedures.

Fast customs clearance time also helps businesses speed up work, save more costs. The implementation of the automatic customs supervision and management system (VASSCM) also helps to reduce the time to carry out procedures for delivery and receipt of goods at the port, which is also the cause of reducing the time and cost of carrying out cross-border trade procedures. for import and export goods.

According to statistics of the General Department of Customs, the total number of import declarations in 2020 of Vietnam is approximately 6.75 million declarations, the total number of export declarations of Vietnam is about 6.98 million declarations.

The survey results show that, if calculating the average time to carry out cross-border trade procedures for each shipment corresponding to each declaration, in 2020 import-export businesses have saved a total of about 730, 4 million hours corresponds to about $981 million in indirect costs and about $2,301 billion in direct costs, totaling about $3.282 billion in savings in import and export activities compared to 2019.