Deputy Minister Cao Quoc Hung asked the Pepper Association and businesses to quickly calculate the value of specific damage to the present and preliminarily calculate the losses if the storage continues to be prolonged. caused by Nepal.
On the afternoon of July 23, at the headquarters of the Ministry of Industry and Trade, Deputy Minister Cao Quoc Hung had a meeting with representatives of Vietnam Pepper Association and 9 out of 13 enterprises with 58 export containers of pepper were stuck in Nepal. In order to update the latest situation of the case.
Deputy Minister of Industry and Trade Cao Quoc Hung works with the Vietnam Pepper Association and businesses with pepper exports are stuck in Nepal. Photo: Ministry of Industry and Trade
The Vietnam Pepper Association and businesses also want to be supported by the Ministry and related agencies to exchange for 5 shipping lines related to 58 containers to share costs with exporters.
The businesses involved in this case are small and medium-sized businesses, so the damage from the case to the business is very serious.
The fact that Vietnam and Nepal had no diplomatic representative in each side, the time of the incident coincided with the time of COVID-19 epidemic, limited travel, making efforts to solve difficulties for businesses. even harder.
Nepal’s Ministry of Industry and Trade has sent a written request to Nepal Customs to allow trapped goods to be re-exported at the businesses’ wishes.
Nepal Customs has also sent a letter to all Customs Departments asking for permission for the trapped pepper trade to be re-exported.
Currently, Vietnamese businesses continue to coordinate with Nepal import partners to complete re-export documents as prescribed.
Deputy Minister Cao Quoc Hung asked the Pepper Association and businesses to quickly calculate the value of specific damage to the present and preliminarily calculate the losses if the storage continues to be prolonged. caused by Nepal.
The Deputy Minister also noted that enterprises in international business activities need to carefully study the information about host countries, import and export procedures of the partner countries as well as carefully study their partners.
In case enterprises need assistance with the above-mentioned information, the Association and enterprises can contact the Ministry of Industry and Trade or directly contact the Vietnam Trade Office in that market.
Businesses should consider using low-risk international payment terms such as T / T or L / Cat sight opening, 100%, irrevocably.
According to VietnamBiz
