Illustrative image (Source: VNA)
Binh Duong (VNA) – A conference to seek join efforts for trade facilitation in the southern province of Binh Duong was held in the locality on April 5.

The event gave an appraisal of the impacts new-generation free trade agreements could have on trade and investment, along with recommendations for local development.

Participants discussed how to improve the business climate via analysing the provincial competitiveness index, as well as taxation and customs surveys.

Executive Director of the American Chamber of Commerce in Vietnam Herbert Cochran presented an overview of the Vietnam Trade Facilitation Alliance (VTFA), its policy and technical support, that is contributing to creating a more transparent and convenient environment.

Speaking before the conference, Vo Tan Thanh, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), said he believed that the conference would put forth specific action plans to support businesses while strengthening close cooperation between local authorities and the VCCI and VTFA.

Vice Chairman of the provincial People’s Committee Tran Thanh Liem also expressed his belief that solutions proposed at the event would facilitate production and business in the locality.

Binh Duong enjoyed a trade surplus of over 1.2 billion USD in the first quarter of this year, with exports of over 5.6 billion USD and imports of nearly 4.4 billion USD.-VNA