Wide range of customs issues tabled at APEC meeting

The General Department of Vietnam Customs (Vietnam Customs) is chairing the first meeting of the APEC Sub-Committee on Customs Procedures (SCCP) in Nha Trang city from February 21-23.
Wide range of customs issues tabled at APEC meeting ảnh 1A logo of APEC Vietnam 2017 in Nha Trang city (Photo: VNA)

KhanhHoa (VNA) – The General Department of Vietnam Customs (VietnamCustoms) is chairing the first meeting of the APEC Sub-Committee on CustomsProcedures (SCCP) in Nha Trang city from February 21-23.

The event has drawn more than 50 delegates ofcustoms agencies from the 21 APEC economies. It is part of the ongoing firstAPEC Senior Officials’ Meeting in Nha Trang, south central Khanh Hoa province.

With this year’s APEC events themed “CreatingNew Dynamism, Fostering A Shared Future”, the meeting will look into thepriorities of the Asia-Pacific region such as promoting sustainable, creativeand inclusive growth; enhancing regional economic connectivity; improving thecompetitiveness and creativity of micro-, small- and medium-sized enterprises;strengthening food security and sustainable agriculture to adapt to climatechange.

The function will focus on implementing the WTOTrade Facilitation Agreement and the single-window mechanism, IT applicationand risk management in customs management, the management of cross-borderimplementation of intellectual property rights, and the enhancement ofcross-border e-commerce.

Vietnam Customs suggested the APEC economiesconnect the single-window mechanism, increase sharing information about andexperience in fighting smuggling and trade fraud, thereby helping customsagencies facilitate trade and ensure trade security in regional supply chains.

These are also major targets of the CollectiveAction Plan, which the SCCP submitted to the APEC Secretariat for approval in2016.

Vietnam wants the member economies to boostexperience sharing, assistance in capacity improvement, and technical supportamong customs agencies to intensify customs cooperation in the region, VietnamCustoms said. -VNA
VNA

See more

The Sun PhuQuoc Airways (SPA) project is expected to bolster Phu Quoc’s tourism. (Photo: VNA)

Investment plan for Sun PhuQuoc Airways approved

Sun PhuQuoc Airways is scheduled to commence operations in the fourth quarter of 2025, with initial routes linking Phu Quoc to prominent economic and tourism centres in Vietnam and abroad.

A view of the conference. (Photo: VNA)

Banks need to promote data analysis to minimise financial crime

The SBV has also recently issued Decision No. 67/QD-NHNN on a digital transformation project aimed at deploying core utilities for the development of the banking sector, ensuring connection with Project 06. Under the project, the SBV requires financial institutions to use the national database on population, identification and electronic authentication for banking activities, thereby supporting digital transformation and enhancing the effectiveness of crime prevention.

Prime Minister Pham Minh Chinh orders preparation to break ground on the Lao Cai – Hanoi – Hai Phong railway line on December 19. (Photo: VNA_

PM sets December 19 launch date for Lao Cai – Hanoi – Hai Phong railway

To meet the December 19 groundbreaking target for the Lao Cai – Hanoi – Hai Phong line at five designated sites, he tasked the Ministry of Construction with drafting a detailed critical path timeline. Meanwhile, Deputy Prime Minister Tran Hong Ha was assigned to oversee execution and inter-ministerial coordination.

A representative of the Ha Nam People’s Committee presents a souvenir to a visiting delegation from the Department of Industry and Tourism of Nagahama city in Shiga prefecture of Japan. (Photo: VNA)

Ha Nam highly evaluates investment capacity of Japanese businesses

Reaffirming Japan’s role as a strategic investor, a local official noted that Japan is currently the second-largest foreign investor in Ha Nam, with over 100 projects in diverse sectors such as mechanical engineering, automobile and motorcycle production, and electronics.

MoIT Minister Nguyen Hong Dien, who is also head of the Government negotiation team, chairs a meeting with team members and representatives from relevant agencies before the first negotiation round. (Photo: moit.gov.vn)

Vietnam, US hold second round of trade negotiations

The two sides exchanged views in an open, straightforward, and constructive manner on the issues of mutual interest, working to clarify the draft agreement's wording and providing information on current policies of each side to lay the groundwork for further steps.

Prime Minister Pham Minh Chinh chairs an online national conference on boosting public investment as a key driver of economic growth in 2025. (Photo: VNA)

PM urges accelerated disbursement of public investment

While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports, while accelerating new drivers such as science and technology, innovation, digital transformation, circular economy, and knowledge economy.