Minister of Industry and Trade Nguyen Hong Dien has called on China to foster investment cooperation with Vietnam, given the country’s favourable geographical location and signing and negotiations of various free trade agreements that China could capitalise on.
The Ministry of Industry and Trade (MoIT) has agreed on various cooperation mechanisms with Chinese localities alongside with the bilateral free trade agreements and regional and multilateral ones to which they are signatories, helping bolster economic and trade ties between the two most dynamic economies in the region and the world, according to Trinh Minh Anh, Office Chief of the Intersectoral Steering Committee for International Economic Integration.
Over the past years, the northern province of Lang Son has actively promoted the effectiveness of friendly exchanges, and cooperation programmes and mechanisms with China’s Guangxi Zhuang Autonomous Region.
Localities in the northern mountainous border province of Lao Cai and Hekou district in China’s Yunnan province will bolster collaboration in the areas of economy, trade, and industrial parks in the time to come, heard a working session held in Lao Cai city on December 31.
Vietnam recorded a trade surplus of 26 billion USD in 2023, nearly tripling the figure last year and the highest on record, Deputy Minister of Industry and Trade Phan Thi Thang said at a teleconference held in Hanoi on December 20.
Customs personnel at the Hoanh Mo border gate in the northern coastal province of Quang Ninh had processed customs clearance procedures for 2,045 declarations for traded goods worth close to 63.38 million USD on the Vietnam Automated Cargo and Port Consolidated System (VNACCS/VCIS) as of September 28.
The protocol amending the Vietnam - Republic of Korea (RoK) agreement on cooperation and mutual assistance in customs officially came into force on September 10.
The management board of Lao Cai Economic Zone launched a digital feature at the Kim Thanh International Border Gate No. 2 in the northern province of Lao Cai on August 21, with an aim to reduce time and costs related to customs clearance for exports-imports through this border gate.
The Ministry of Industry and Trade (MoIT) is collecting opinions on amending and supplementing a number of articles of Decree No. 14/2018/ND-CP detailing border trade activities in order to speed up the shift to official export.
July marks the end of the lychee season in China but the main harvest in Vietnam. Therefore, domestic firms are advised to optimise this opportunity to boost exports to the neighbouring country.
A Vietnamese delegation led by Deputy Minister of Agriculture and Rural Development Tran Thanh Nam has visited and held meetings with the administrations and customs departments of China’s Guangxi and Yunnan provinces in an effort to facilitate farm produce exports via northern border gates of Vietnam.
Prime Minister Pham Minh Chinh has signed an official dispatch on the implementation of urgent measures to settle goods congestion and promote the export of farm produce through northern border gates.
As many as 5,400 tonnes of fresh lychees have been exported to China via Lao Cai province’s Kim Thanh II international border gate since the beginning of the harvesting season, according to Pham Van Phuc, deputy head of Customs Office at Lao Cai International Border Gate.
Minister of Industry and Trade Nguyen Hong Dien discussed measures to promote economic and trade ties between Vietnam and China’s Yunnan province, while meeting with Secretary of the Yunnan Party Committee Wang Ning in Hanoi.
In the first two months of 2023, export activities through border gates of the northern mountainous province of Lang Son have increased drastically, particularly shipments of farm produce.
The Vietnamese Government has resumed pre-pandemic procedures and processes on the issuance of visas and visa exemption certificate to foreigners and Vietnamese residing abroad since March 15, 2022, in line with the 2019 Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam and guideline documents.
Deputy Minister of Industry and Trade Tran Quoc Khanh and Executive Vice Chairwoman of People's Government of China’s Guangxi Cai Lixin recently discussed measures to facilitate customs clearance of goods via border gates of the two countries.
Customs clearance was again suspended on September 28 at the Bac Phong Sinh border gate in Quang Ninh’s Hai Ha district that pairs with Li He border gate in China’s Dongxingcity, due to China’s COVID-19 control measures.
Since the outbreak of the COVID-19 pandemic, the delay in customs clearance of Vietnamese goods exported to Australia, especially at the quarantine stage, has become serious, mainly in the two states of New South Wales and Victoria.
