Friday, July 21, 2017 - 23:41:23

Vietnam trade information portal launched

VNA Print

A screenshot of the trade information portal (Source: VNA)

Hanoi (VNA) – A ceremony was held in Hanoi on July 12 to launch the Vietnam trade information portal at http://www.vietnamtradeportal.gov.vn

The event was attended by Deputy Prime Minister Vuong Dinh Hue, Finance Minister Dinh Tien Dung, and Acting Country Director of the World Bank in Vietnam Sebastian Eckardt.

The website, developed by the General Department of Vietnam Customs with technical assistance from the World Bank Group in Vietnam, aims to provide official legal documents and procedures related to exports, imports and goods in transit.

It is expected to improve the predictability and transparency of the country’s trade laws and processes, thus facilitating the access to Vietnam’s trade regulations for foreign and domestic investors, particularly small and medium-sized enterprises.

Finance Minister Dinh Tien Dung expressed his hope that enterprises and stakeholders will find necessary and useful information on trading activities on the Vietnam trade information portal.

In line with the requirements of the World Trade Organisation (WTO) and Trade Facilitation Agreements, the ministry pledged to work closely and effectively with Government bodies, private sector and international organisations to ensure information sharing and sustainability of the portal, thus contributing to the implementation of international commitments on transparency, Dung said.

Eckardt said trade is an important drive force for Vietnam’s growth, adding that it is crucial for entrepreneurs and investors to get easy access to information on import-export procedures.

Users can find relevant documents issued by relevant ministries, sectors and state management agencies on export and import, he said.

The portal is part of the efforts of the Government to facilitate trade, he said, adding that the World Bank will continue provide support for such efforts.-VNA  
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