An importer who imports waste raw materials needs to deposit the shipping cost and disposal cost to a Vietnamese financial institution in advance when the imported cargo is judged to be illegal and is not permitted. Furthermore, if the balance of the deposit is insufficient for these disposal costs, additional costs will have to be paid. The act also stipulates that storing and inspection of imported cargo shall be carried out by an inspection agency licensed by customs, and there is a duty to report the inspection results in order to carry out subsequent customs inspections.
On the other hand, the importer may apply for an exemption from inspection by customs, if the country of export of the cargo, the supplier, the trade name, the technical characteristics, the place of origin are consistent and certified by the inspection agency.
In addition, the Ministry of Finance can issue an inspection exemption certificate for waste raw materials imported in compliance with Vietnam’s environmental regulations 5 times in a row.