The Dong Nai Department of Customs has issued a decision suspending preferential treatment for Japan’s Panasonic. The decision does not specify exactly what Panasonic failed to do, only citing Article 45 of the Customs Law. It has been suspended for 60 days.
Article 45 allows firms approved to receive priority customs treatment to submit incomplete documents when exporting or importing goods. These firms, however, must submit completed documentation within the following 30 days. Firms that fail to do so, however, can receive up to a 60 day suspension which is what looks to be the case with Panasonic.
See also: Priority Customs Treatment in Vietnam for Foreign Firms 2024