Vietnamplus

ASEAN and Canada are aiming to conclude the negotiations on a free trade agreement (FTA) by 2025, and both sides have recently moved a step closer to the goal.

Thailand recorded 300 billion USD in trade with other member countries of the Regional Comprehensive Economic Partnership (RCEP) in 2022, up 7.11% year on year, official data showed.

The development of international trade and the growth of import-export turnover have required the customs sector to promptly reform so that it could deal with the increasing workload.

Women’s role in trade is increasing as they contribute not only to the growth of the economy, but also the harmony and sustainability of society.

ASEAN members are working on facilitating increased trade, removing trade barriers and reducing transaction costs to deal with the COVID-19 crisis, the top official at Thailand's Department of Trade Negotiations said on March 4.

Malaysian Prime Minister Ismail Sabri Yaakob has unveiled the National Trade Blueprint (NTBp) for 2021 - 2025 to strengthen the country’s position as a leading export country and enhance its trade competitiveness.

The Vietnamese Ministry of Industry and Trade and the Chinese Ministry of Commerce have signed memorandum of understanding (MoU) on the establishment of a Working Group on Vietnam-China Trade Facilitation and the bilateral cooperation plan in the 2021-2025 period.

The General Department of Vietnam Customs has issued documents to guide the customs departments of provinces and cities to effectively enforce the UK-Vietnam Free Trade Agreement (UKVFTA) and related documents.

The Trade Facilitation Office (TFO) Canada and the Vietnamese Ministry of Industry and Trade’s Trade Promotion Agency (VIETRADE) signed a cooperation agreement via videoconference on June 1 to improve the export capacity of women-led enterprises in Vietnam during the 2021-2024 period.

A consultation conference was held on March 30 to gather feedback on a draft decree on regulations on State inspection over quality and food safety of imported goods.

The Ministry of Industry and Trade (MoIT) held a seminar in Hanoi on December 18 to provide businesses with an insight into the Vietnam-Cuba Trade Agreement, the Latin American country’s first deal with an Asian partner.

The Vietnam Trade Promotion Agency (VIETRADE) has recently launched the Info Viet-Trade Portal to facilitate international trade procedures in Vietnam.

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.

An official of the Vietnamese National Assembly has suggested continuing to review and perfect the legal framework to promote trade facilitation to ensure uninterrupted circulation of goods and supply chains in the ASEAN region.

Reforming administrative procedures and improving infrastructure quality are decisive factors in capitalising on the EU-Vietnam Free Trade Agreement (EVFTA), heard a dialogue between officials of Ho Chi Minh City and the European Chamber of Commerce in Vietnam (EuroCham) on July 28.

The Philippines’ Bureau of Customs (BOC) is rolling out the electronic tracking of containerised cargo (E-TRACC) system in various ports nationwide next month as part of efforts to automate operations and processes towards enhanced trade facilitation and strengthened border protection.

The ASEAN Business Advisory Council (ABAC) proposed initiatives to promote ASEAN investment through trade facilitation at the ASEAN Economic Ministers (AEM) and ABAC Consultation in Vietnam’s central city of Da Nang on March 10.

The logistics industry in Vietnam, especially HCM City, continues to face challenges like red tape and traffic congestion near border gates despite progress made in facilitating trade, Dinh Ngoc Thang, head of the city Department of Customs, told a recent conference.

Vietnam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.

The 16th Meeting of the ASEAN Trade Facilitation Joint Consultative Committee (ATF-JCC) was recently held by the Ministry of Industry and Trade (MoIT) in Hanoi.