Seminar collects opinions on inspection on exports-imports
A seminar took place in Hanoi on May 17 to collect opinions on building the draft Decree on the national one-stop shop mechanism and specialised inspection on exports-imports.
Hanoi (VNA)🥃 – A seminar took place in Hanoi on May 17 to collect opinions on building the draft Decree on the national one-stop shop mechanism and specialised inspection on exports-imports.
Co-organised by the United States Agency for International Development (USAID) and the Finance Ministry’s General Department of Vietnam Customs, the event attracted over 100 delegates from ministries, agencies, local customs and businesses.
Speaking at the event, Deputy Director General of the Vietnam Customs Nguyen Cong Binh said administrative reform on exports-imports has been the top priority of the Government in recent years, adding that the Decree No.19 on improving business climate and national competitiveness requests reducing the rate of goods under specialised inspection in customs clearance to below 10 percent from 25 – 27 percent at present.
Despite achievements in administrative reform, the World Bank’s Doing Business Index pointed out that Vietnamese enterprises still meet difficulties in abiding by regulations on specialised inspection on exports-imports, he said.
Pham Thanh Binh, advisory expert for the USAID’s GIG project, said regulations on specialised inspection on exports-imports are set in laws, decrees and circulars of ministries and agencies, leading to overlapping in management.
Launched in November 2014, the national one-stop shop mechanism has so far connected with 11 out of 14 ministries and departments and 47 out of 284 administrative procedures on specialised inspection. However, a number of procedures on specialised inspection are yet to be conducted online.
The draft Decree on the national one-stop shop mechanism and specialised inspection on exports-imports will help simplify customs clearance procedures and establish an inter-sectoral mechanism to ensure effective coordination among units via the national one-stop shop.
✅ The Vietnamese Government is also working with the USAID via the Governance for Inclusive Growth Programme to facilitate sustainable and inclusive economic growth in the country.-VNA
The Global Alliance for Trade Facilitation (GATF) will help Vietnam to establish a customs bond system – part of the country’s efforts to modernise and reform administrative procedures relating to import and export.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.