Export turnover through border gates in the Mekong Delta province of An Giang exceeded 1.31 billion USD in 2020, representing a year-on-year increase of 8 percent, according to the provincial Department of Customs.
Applying risk management in customs operations will not only enable trade security and facilitation but will also allow the General Department of Customs to focus its resources on high-risk trade, heard a workshop held in Hanoi on November 12.
A circular on new regulations for customs risk management will come into effect on January 1 next year to helping businesses comply with regulations and clear customs more easily.
Local authorities on both sides of the Vietnam -China border have agreed to work extra hours to allow more Vietnamese agricultural goods to cross the border into China, said Nguyen Cong Truong, Vice Chairman of border province Lang Son's People Committee.
Indonesia has issued a new regulation requiring all smartphones stamped with a unique international mobile equipment identity (IMEI) to be registered on the government database in an attempt to curb illegal smartphone imports.
The administration of Ho Chi Minh City and the British Business Group Vietnam (BBGV) held a conference on October 14 to seek ways for removing difficulties facing British investors.
A workshop took place in Hanoi on December 4 to collect feedback from enterprises on a draft circular to evaluate the level of law observance in imports and exports and transit of goods.
The Customs Department of Ho Chi Minh City held a dialogue with more than 200 Japanese businesses on November 22 to inform them about new customs regulations and field their questions.
The Customs Department of Ho Chi Minh City and the American Chamber of Commerce in Vietnam (Amcham) held a dialogue with the US business community in Ho Chi Minh City on January 24.
Ho Chi Minh City plans to step up enforcement against smuggling and trade fraud to cope with the increasing number of violations, especially at Cat Lai Port.
The need to bring about some degree of parity between foreign-invested and domestic firms while fostering increased linkages was highlighted at the Vietnam Business Forum held on June 16 in Hanoi.
While acknowledging the Government’s efforts in tax reforms, many enterprises say cumbersome tax and customs procedures are blunting the country’s advantage in low-price labour.
Vietnam’s customs sector wants to cooperate with APEC member economies and receive financial and technological support from them to develop the sector’s competence.
The Ministry of Finance has asked local tax authorities to refund value-added tax (VAT) to enterprises if the amount of tax they default on is less than the amount of tax refund that they will receive
The Prime Minister has approved the content of a draft cooperation agreement on mutual administrative assistance in customs between the Governments of Vietnam and Italy.