Good progress on Vietnam-EU free trade deal Business

Good progress on Vietnam-EU free trade deal

The progress on and quality of negotiations for an EU-Vietnam free trade agreement (EVFTA) have been ensured, making the target for the conclusion of the talks feasible, Minister of Industry and Trade Vu Huy Hoang said following his working session with EU Commissioner for Trade Cecilia Malmstrom in Brussels on June 23.

Ha Giang boosts cross-border trade

With more than 227 km of border line with China, the northern mountainous province of Ha Giang is striving to leverage its potentials for cross-border trade development, one of the three economic forces to lift the province from poverty.

Vietnam poised as a winner from FTAs

Vietnamese economy is expected to make strong growth following a number of free trade agreements (FTA) coming into effect in the near future, said radio The Voice of Vietnam (VOV).

Lang Son targets increased border trade

The northern mountainous province of Lang Son has identified trade with China’s Guangxi province, with which it shares a border line stretching 231 km, as key to unlocking the locality’s economic development potential.

Over 93 percent of businesses using e-customs

More than 35,400 businesses have reported using e-customs procedures as of the end of April, accounting for 93.5 percent of all enterprises throughout the country that submit customs declarations, said the General Department of Customs.

Expanded e-customs procedures urged

The customs sector should expand the electronic customs procedures to facilitate import-export and commercial activities, a customs official has said.

The expansion of electronic customs procedures should include special preferential businesses and the application of digital signatures in the exchange of electronic information, said Nguyen Tran Hieu, deputy head of the Department of Customs Information Technology and Statistics.

By 2015 the sector will have received information on electronic customs clearance (e-Declaration), and basic information on declaring goods and relevant documents to gradually shift to clearing customs before the arrival of goods (e-Manifest).