Thought Catalysts

Our specialists within audit, accounting, and financial advisory at Forvis Mazars Vietnam regularly publish a range of insights, opinions, and analyses.

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Update on the on-spot export and import issue - Government weighs Business proposals

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Over the years, the on-spot export and import model (XNKTC) has been widely applied in Vietnam, allowing foreign traders greater flexibility in sourcing raw materials and components from local manufacturers for export production. Since its introduction in 1998, XNKTC fostered the growth of production and export supply chains, while also establishing clear and efficient procedures to streamline the entire process from manufacturing to export.

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