Grand ceremony, parade mark 70th anniversary of Dien Bien Phu Victory

Grand ceremony, parade mark 70th anniversary of Dien Bien Phu Victory

The Party Central Committee, the National Assembly (NA), the State President, the Government, the Vietnam Fatherland Front (VFF) Central Committee, and the northwestern province of Dien Bien held a grand ceremony on May 7 in celebration of the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024).
Dien Bien Phu Victory shows strength of intelligence, public consensus: Officer

Dien Bien Phu Victory shows strength of intelligence, public consensus: Officer

The Dien Bien Phu Victory (May 7, 1954) was not only a victory of the strength of intelligence and public consensus but also contributed to the end of the resistance war against the French colonialists of the Vietnamese army and people, according to an officer.
Vietnam acts to seize opportunity to join global semiconductor supply

Vietnam acts to seize opportunity to join global semiconductor supply

The Government of Vietnam has been taking drastic and prompt measures to seize the opportunity to join the global semiconductor supply.
Vietnam improving readiness to attract foreign investment: official

Vietnam improving readiness to attract foreign investment: official

Vietnam has been applying itself to making institutional, infrastructure, and manpower improvements in efforts to attract more foreign investment, especially in such big industries as electronics and semiconductor, said Deputy Minister of Planning and Investment Do Thanh Trung.
Green logistics helps firms obtain sustainable, comprehensive development: Insiders

Green logistics helps firms obtain sustainable, comprehensive development: Insiders

Greening the logistics industry and applying green logistics in business will help enterprises meet environmental criteria, increase competitiveness, and achieve sustainable and comprehensive development and growth, experts said.
Việt Nam has many opportunities to improve labour productivity: expert

Việt Nam has many opportunities to improve labour productivity: expert

Dr. Nguyễn Bích Lâm , an economic expert and former Director General of the General Statistics Office, talks to Vietnam News Agency about the importance, the current situation of labour productivity in the Vietnamese economy.
PM presides over Government’s regular meeting

PM presides over Government’s regular meeting

Prime Minister Pham Minh Chinh on May 4 chaired the Government’s regular meeting to review the socio-economic situation in April and the first four months of 2024, public investment allocation and disbursement, and the implementation of the three national target programmes.
Prevent outbreaks of "dirty" food

Prevent outbreaks of "dirty" food

VCN - In recent times, Ho Chi Minh City authorities have discovered and arrested many cases of transporting and storing food that does not ensure food hygiene and safety.
Customs focuses on promoting the digitization of documents handling administrative procedures

Customs focuses on promoting the digitization of documents handling administrative procedures

VCN - The General Department of Customs requires units to effectively deploy and ensure progress of assigned tasks to implement Resolution No. 01/NQ-CP, Resolution No. 02/NQ-CP 2024 of the Government and Decisions of the Ministry of Finance.
Risk prevention solutions for export processing and production enterprises

Risk prevention solutions for export processing and production enterprises

VCN - Identifying common errors to comply with regulations, prevent risks, and limit mistakes arising in preparing final settlement reports is an issue which many export processing and production enterprises concern.
Dong Nai Provincial People

Dong Nai Provincial People's Committee proposes MoF to convert organizational structure of Nhon Trach Customs Branch

VCN - Dong Nai Provincial People's Committee reported to the Ministry of Finance that trade facilitation is an effective solution to improve businesses' trade activities and attract foreign investment. Accordingly, it has a positive impact and brings grea
Proposal to continue reducing VAT by 2% in the last  6 months of 2024

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

VCN - Under the authorization of the Prime Minister, Minister of Finance Ho Duc Phoc has just submitted Report No. 177/TTr-CP to the National Assembly on the results of implementing the 2% VAT reduction according to Resolution No. 110/2023/QH15 November 2

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Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Open credit flow to support import and export

Open credit flow to support import and export

VCN - Weak demand, reduced orders, pressure from trade defense... thereby leading to a series of financial difficulties for import-export businesses. Therefore, the credit flow to support import and export needs to "flow" properly and meet the needs of bu
Import turnover increases by US$13.5 billion

Import turnover increases by US$13.5 billion

The import turnover remained at two digits. In particular, many groups of commodities reach billions of USD such as computers, electronic products and components; machines, equipment and components.
Warn about the fraudulent tricks of stock investment

Warn about the fraudulent tricks of stock investment

VCN - The police discovered a situation where some scammers set up chat groups, impersonating "experts" to lure investors to join closed groups on social networks, install websites, apps and send money here to invest in securities to appropriate the victi
Zone 1st Hai Phong Seaport Customs Branch moves to new office

Zone 1st Hai Phong Seaport Customs Branch moves to new office

VCN - Zone 1st Hai Phong Seaport Customs Branch (address No. 2 Hoang Dieu, May To Ward, Ngo Quyen District, Hai Phong City) moves to a new office on the 4th floor, 6-storey building, headquarters of Tan Vu Port Branch (Road 346 Dinh Vu Economic Zone, Dong
Talkshow: "Customs technology and the Next Generation of Customs Professionals"

Talkshow: "Customs technology and the Next Generation of Customs Professionals"

Good morning ladies and gentlemen, in the current period, the application of modern technology and digital transformation is one of the top priorities of the Government of Vietnam. In the Customs sector, Decision 628/QD-TTg dated 20/5/2022 of the Prime Minister approving the Customs strategy by 2030 sets the goal of completing Digital Customs by 2025. According, to develop digital Customs and smart Customs models, Vietnam Customs needs to apply new and smart technologies from customs administrations of advanced countries in the world.
Detecting 4.2kg of cocaine in the soles of slippers, the bottom of suitcases  transported by air

Detecting 4.2kg of cocaine in the soles of slippers, the bottom of suitcases transported by air

On June 1, 2023, Noi Bai International Airport Customs Branch discovered suspicious signs in the luggage of a passenger on a flight from Dubai to Noi Bai International Airport.
Vietnam Customs uses new uniforms  from April 1, 2022

Vietnam Customs uses new uniforms from April 1, 2022

According to the provisions of Decree No. 02/ND-CP dated January 7, 2021 of the Government on traditional flags, pennants and symbols, customs insignia, badges, nameplates, insignia, uniforms, customs identification and typical signs of means of customs patrol, control and supervision, from April 1, 2022, Vietnam Customs uses new uniforms.
Recommend businesses to use free customs declaration software

Recommend businesses to use free customs declaration software

The General Department of Vietnam Customs has just recommended businesses to the use of free customs declaration software to declare document from April 1, 2022.
The 389 National Steering Committees strengthen the fight against smuggling of tobacco and sugar products

The 389 National Steering Committees strengthen the fight against smuggling of tobacco and sugar products

Standing Deputy Prime Minister Pham Binh Minh, Head of the 389 National Steering Committees, has just directed the Ministry of Public Security and the 389 Steering Committees of the provinces and centrally-run cities, and the Standing Office of the 389 National Steering Committees on national security issues. anti-smuggling and trade fraud for tobacco and sugar products.
Customs focuses on promoting the digitization of documents handling administrative procedures

Customs focuses on promoting the digitization of documents handling administrative procedures

VCN - The General Department of Customs requires units to effectively deploy and ensure progress of assigned tasks to implement Resolution No. 01/NQ-CP, Resolution No. 02/NQ-CP 2024 of the Government and Decisions of the Ministry of Finance.
Zone 1st Hai Phong Seaport Customs Branch moves to new office

Zone 1st Hai Phong Seaport Customs Branch moves to new office

VCN - Zone 1st Hai Phong Seaport Customs Branch (address No. 2 Hoang Dieu, May To Ward, Ngo Quyen District, Hai Phong City) moves to a new office on the 4th floor, 6-storey building, headquarters of Tan Vu Port Branch (Road 346 Dinh Vu Economic Zone, Dong
Remove difficulties for the project of customs office at Long Thanh International Airport

Remove difficulties for the project of customs office at Long Thanh International Airport

The Government Office issued a document to answer the Ministry of Finance, Ministry of Transport and People Committee of Dong Nai province about project of the customs office at Long Thanh International Airport in phase 1.
Customs industry’s revenue in April increases by 4.5% compared to the previous month

Customs industry’s revenue in April increases by 4.5% compared to the previous month

VCN - Preliminary data show that the country's total import-export turnover in April decreased by 5.4% to US$ 61.04 billion compared to the previous month. The export turnover in April declined 7.7% to US$ 31.05 billion, and the import turnover of decreas
Dong Nai Provincial People

Dong Nai Provincial People's Committee proposes MoF to convert organizational structure of Nhon Trach Customs Branch

VCN - Dong Nai Provincial People's Committee reported to the Ministry of Finance that trade facilitation is an effective solution to improve businesses' trade activities and attract foreign investment. Accordingly, it has a positive impact and brings grea
Binh Dinh Customs: revenue collection increases sharply

Binh Dinh Customs: revenue collection increases sharply

Implementing many solutions to support businesses, and attract import and export goods, the state revenue of Binh Dinh Customs in the first months of 2024 achieved high results.
Chi Ma Customs Branch’s revenue increases

Chi Ma Customs Branch’s revenue increases

VCN - Effective solutions implemented by the branch have created the trust from the business community.
Customs joint hand to improve business environment, attracting investment

Customs joint hand to improve business environment, attracting investment

Customs sector has proactively deployed several solutions to join hands with other ministries and local branches to implement this important policy.
Vietnam Customs participates in supporting SACU to implement the AEO Program

Vietnam Customs participates in supporting SACU to implement the AEO Program

A representative of Vietnam Customs has joined a working group of WCO to support the Southern African Customs Union (SACU) in training members on implementing the Authorized Economic Operator Program
Warn about the fraudulent tricks of stock investment

Warn about the fraudulent tricks of stock investment

VCN - The police discovered a situation where some scammers set up chat groups, impersonating "experts" to lure investors to join closed groups on social networks, install websites, apps and send money here to invest in securities to appropriate the victi
State budget revenue estimated at VND733.4 trillion

State budget revenue estimated at VND733.4 trillion

VCN - In the first four months of 2024, total state budget revenue is estimated at VND733.4 trillion, equal to 43.1% of the estimate and up 10.1% year-on-year.
Six localities should expedite site clearance and public investment

Six localities should expedite site clearance and public investment

VCN – Six provinces of Binh Thuan, Gia Lai, Dong Nai, Binh Duong, Binh Phuoc and Tay Ninh have disbursement rates lower than the average rate of the country in the first three months of the year, the Ministry of Finance reports.
Banks announce plans to significantly increase capital

Banks announce plans to significantly increase capital

Many banks have recently announced plans to significantly increase charter capital to improve the capital adequacy ratio (CAR) and strengthen financial potential for credit and business expansion.
Minister of Finance Ho Duc Phoc receives Ambassador Extraordinary and Plenipotentiary of Japan to Vietnam

Minister of Finance Ho Duc Phoc receives Ambassador Extraordinary and Plenipotentiary of Japan to Vietnam

VCN - In the financial sector, recently, Vietnam and Japan have effectively and closely cooperated in sectors such as ODA, tax, customs, securities and insurance.
Banks strengthen information security systems

Banks strengthen information security systems

Banks often face attacks from high-tech criminals to steal customer data to conduct property appropriation fraud. Therefore, banks must strengthen defence measures to ensure safety and security in their systems.
“Opportune environment” for growth of insurance enterprises

“Opportune environment” for growth of insurance enterprises

VCN - According to the Ministry of Finance, in the first quarter of 2024, total assets of insurance enterprises are estimated to reach VND 934.8 trillion, an increase of 11%; Investment back into the economy is estimated at VND 7,776.5 trillion, an increa
Closely monitoring fluctuations to calculate the appropriate time to adjust prices

Closely monitoring fluctuations to calculate the appropriate time to adjust prices

According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management needs to ensure inflation control.
Strictly monitor market fluctuations to appropriately adjust prices

Strictly monitor market fluctuations to appropriately adjust prices

VCN – In the second quarter and the remaining months of 2024, the price management and administrations need to effectively control inflation and remove difficulties for production and businesses, the Ministry of Finance reports.
Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Risk prevention solutions for export processing and production enterprises

Risk prevention solutions for export processing and production enterprises

VCN - Identifying common errors to comply with regulations, prevent risks, and limit mistakes arising in preparing final settlement reports is an issue which many export processing and production enterprises concern.
Conditions for price reduction of imported goods

Conditions for price reduction of imported goods

VCN - The GDVC cites Point d, Clause 2, Article 15 of Circular 39/2015/TT-BTC stipulating discount, discount conditions, documents, declaration procedures, and application for price discount.
Circular 83/2014/TT-BTC will be abolished from June 8

Circular 83/2014/TT-BTC will be abolished from June 8

VCN - Accordingly, Circular 25/2024/TT-BTC abolishes Circular 83/2014/TT-BTC.
Proposal to continue reducing VAT by 2% in the last  6 months of 2024

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

VCN - Under the authorization of the Prime Minister, Minister of Finance Ho Duc Phoc has just submitted Report No. 177/TTr-CP to the National Assembly on the results of implementing the 2% VAT reduction according to Resolution No. 110/2023/QH15 November 2
Seafood exporters are worried about some inadequacies from the two new decrees

Seafood exporters are worried about some inadequacies from the two new decrees

From May 2024, two new Government decrees directly related to the enforcement of fisheries laws by seafood exporting enterprises will take effect, but have inadequate contents, makes businesses worried.
Risk prevention solutions for processing and export manufacturing businesses

Risk prevention solutions for processing and export manufacturing businesses

VCN - Identifying common errors to comply with regulations, prevent risks, and limit errors arising in preparing final settlement reports is an issue of concern to many export processing and manufacturing enterprises.
Reporting to the National Assembly for considering VAT reduction in the second half of 2024

Reporting to the National Assembly for considering VAT reduction in the second half of 2024

The Government assigned the Ministry of Finance to summarize and evaluate the results of reducing VAT rates to report to National Assembly for consideration and allowing to implementing in the second half of 2024.
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

VCN - The Ministry of Health, according to its assigned functions, tasks and authority, presides and coordinates with the Ministry of Finance and relevant agencies to urgently review, research, amend and complete the Ministry's regulations on import and e
Prevent outbreaks of "dirty" food

Prevent outbreaks of "dirty" food

VCN - In recent times, Ho Chi Minh City authorities have discovered and arrested many cases of transporting and storing food that does not ensure food hygiene and safety.
Many company directors arrested for illegal invoice trading

Many company directors arrested for illegal invoice trading

VCN - According to HCM City Police, regarding to the illegal trading ring of VAT invoices, the Police authority of District 10 has just prosecuted and arrested 11 more suspects, including many company directors.
Launching Demeter X Operation about hazardous scrap and waste prevention

Launching Demeter X Operation about hazardous scrap and waste prevention

The leader of General Department of Vietnam Customs directed the Anti-smuggling and Investigation Department and local customs departments to focus on launching the Demeter X Operation
Strictly control and combat gold smuggling

Strictly control and combat gold smuggling

VCN - Following the Prime Minister's direction at the meeting on gold market management solutions and the State Bank's proposal on implementing the Prime Minister's direction in gold market management, the GDVC requests local customs departments to smooth
How to handle over 1,600 containers of meat, bone powder and animal feed stored at the port?

How to handle over 1,600 containers of meat, bone powder and animal feed stored at the port?

HCM City Customs Department reviewed and proposed a plan to handle over 1,600 containers of imported meat and bone powder and animal feed being stored at HCM City ports.
Forcibly deducting deposits/blocking accounts for 5 businesses owing tax debt

Forcibly deducting deposits/blocking accounts for 5 businesses owing tax debt

Huu Nghi Customs Branch (Lang Son Customs Department) has just issued some enforcement decisions by taking money from accounts/blocking accounts.
Difficulties in recovering and handling tax debt of absconding businesses

Difficulties in recovering and handling tax debt of absconding businesses

VCN - Hundreds of cases of businesses with tax debt are no longer operating at their registered business addresses or have ceased operations, making tax debt collection by the Customs authorities difficult.
"Huge" drug lines and new disguise tricks

"Huge" drug lines and new disguise tricks

VCN - The subjects placed blenders, welding machines, presses, and empty battery cases from China to Vietnam for the purpose of storing drugs that are ground into powder in compressed battery cases and welding the lids at both ends to create finished prod
An Giang Customs collects over VND 3 billion in tax debt

An Giang Customs collects over VND 3 billion in tax debt

VCN - The department said that the department collected over 3.1 billion in 90-day overdue tax debt in March of a local company.
Open credit flow to support import and export

Open credit flow to support import and export

VCN - Weak demand, reduced orders, pressure from trade defense... thereby leading to a series of financial difficulties for import-export businesses. Therefore, the credit flow to support import and export needs to "flow" properly and meet the needs of bu
Import turnover increases by US$13.5 billion

Import turnover increases by US$13.5 billion

The import turnover remained at two digits. In particular, many groups of commodities reach billions of USD such as computers, electronic products and components; machines, equipment and components.
Green production, trade will help wood industry increase export: Viforest

Green production, trade will help wood industry increase export: Viforest

Viforest is encouraging businesses to ensure green production, green trade and digital transformation. The association has been conducting many trade promotion activities at home and abroad to seek more customers and orders.
Hanoi attracts over 1.1 billion USD in FDI in four months

Hanoi attracts over 1.1 billion USD in FDI in four months

The capital city of Hanoi attracted more than 1.13 billion USD of foreign direct investment (FDI) in the first four months of this year, with 73 new projects worth over 1 billion USD and 47 projects permitted to increase a combined investment capital of 79 million USD.
FDI flows strongly into manufacturing, real estate

FDI flows strongly into manufacturing, real estate

Vietnam’s industrial real estate industry is expected to continue its strong growth trajectory due to foreign direct investment (FDI) inflows benefiting from tax incentives.
Maintaining recovery momentum amid uncertainties

Maintaining recovery momentum amid uncertainties

VCN - Assessing the current difficulties of Vietnam's economy, Dr. Pham Anh Tuan, Executive Deputy Director of the Vietnam Institute of Economics, said that in the period 2023-2024, the world economic situation is suffering from rapid, complex and unpredi
Make use of the most of favorable factors for economic growth

Make use of the most of favorable factors for economic growth

VCN - Vietnam's economic growth depends on aggregate demand, including aggregate demand from consumption, investment, and export. Currently, total social investment, non-state sector investment, and foreign investment all increase higher than in 2023.
Textile and garment businesses face difficulties due to lack of domestic supply

Textile and garment businesses face difficulties due to lack of domestic supply

Vietnam’s textile and garment industry has long faced an imbalance between production stages.
Vietnam leads in export rice prices globally

Vietnam leads in export rice prices globally

The prices of Vietnamese rice in the international market rose by 3-8 USD per tonne last week, helping Vietnam return to the top position in export rice prices, according to the Vietnam Food Association (VFA).
Saudi customs receives global acclaim for two-hour clearance service

Saudi customs receives global acclaim for two-hour clearance service

Saudi customs has garnered global acclaim for implementing the two-hour clearance service at all the country’s ports.
Customs create safe environment for all procedures

Customs create safe environment for all procedures

VCN - Customs is keen to create a safe environment for all procedures that contribute to the field of customs work for the general interest and work in particular, said an official.
Hong Kong customs arrests 7 for laundering $1.8 billion

Hong Kong customs arrests 7 for laundering $1.8 billion

VCN - Codenamed “Daybreak”, the operation was linked to a mobile app scam in India and two jewellery companies, the Customs and Excise Department revealed at a press conference on Friday.
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party

The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party

On 15 February 2024, His Excellency César Castañeda, Ambassador of the Embassy of Nicaragua to the Kingdom of Belgium and Mission to the European Union, deposited Nicaragua’s Instrument of Accession to the International Convention on the Simplification and Harmonization of Customs Procedures (as amended), commonly known as the Revised Kyoto Convention (RKC), to Ian Saunders, the Secretary General of the World Customs Organization (WCO), who serves as the depositary for the RKC. The ceremony took place at WCO Headquarters in Brussels, Belgium.
Bulgaria Announces Merger of Customs and Revenue Agencies

Bulgaria Announces Merger of Customs and Revenue Agencies

The Bulgarian Ministry of Finance has unveiled plans to consolidate the National Revenue Agency and the Customs Agency into a single entity, marking a significant step towards streamlining financial operations in the country.
Employing AI, ML in Customs and border management

Employing AI, ML in Customs and border management

VCN - The success of the 2023 Technology Conference and Exhibition of the World Customs Organization (WCO) co-hosted by The General Department of Vietnam Customs in Hanoi on 10th – 12th October 2023 has once again affirmed the important role of technology
Digital technologies in customs control

Digital technologies in customs control

VCN - The digital technology application plays an important role in the process of customs modernization, simplifying procedures, cutting time and costs for businesses, and improving the effectiveness and efficiency of state management.
Customs seize cocaine

Customs seize cocaine 'skilfully' disguised as wine

Hong Kong Customs has seized about 444 kg of suspected liquid cocaine with an estimated market value of about 490 million Hong Kong dollars (about 63 million U.S. dollars), representing a record seizure of liquid cocaine, the customs said Monday.
Abu Dhabi Customs Supports Inspection System with Smart Devices that Streamline and Expedite Goods and Passengers Movement in Al Ain Ports

Abu Dhabi Customs Supports Inspection System with Smart Devices that Streamline and Expedite Goods and Passengers Movement in Al Ain Ports

VCN - In line with its strategic plan and key priorities, the General Administration of Abu Dhabi Customs has completed a project to provide its land customs centers in Al Ain City with advanced inspection devices supported by artificial intelligence syst
Latest Most read
Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Open credit flow to support import and export

Open credit flow to support import and export

VCN - Weak demand, reduced orders, pressure from trade defense... thereby leading to a series of financial difficulties for import-export businesses. Therefore, the credit flow to support import and export needs to "flow" properly and meet the needs of bu
Import turnover increases by US$13.5 billion

Import turnover increases by US$13.5 billion

The import turnover remained at two digits. In particular, many groups of commodities reach billions of USD such as computers, electronic products and components; machines, equipment and components.
Prevent outbreaks of "dirty" food

Prevent outbreaks of "dirty" food

VCN - In recent times, Ho Chi Minh City authorities have discovered and arrested many cases of transporting and storing food that does not ensure food hygiene and safety.
Warn about the fraudulent tricks of stock investment

Warn about the fraudulent tricks of stock investment

VCN - The police discovered a situation where some scammers set up chat groups, impersonating "experts" to lure investors to join closed groups on social networks, install websites, apps and send money here to invest in securities to appropriate the victi
The General Department of Customs proactively implemented many budget collection solutions right from the beginning of the year

The General Department of Customs proactively implemented many budget collection solutions right from the beginning of the year

Vietnam-Indonesia trade achieves about US$ 14 billion

Vietnam-Indonesia trade achieves about US$ 14 billion

Improving the legal corridor in anti-smuggling work

Improving the legal corridor in anti-smuggling work

MoF issues digital transformation assessment indicators

MoF issues digital transformation assessment indicators

HCM City’s revenue drops over VND 19,000 billion

HCM City’s revenue drops over VND 19,000 billion

The General Department of Customs proactively implemented many budget collection solutions right from the beginning of the year Vietnam-Indonesia trade achieves about US$ 14 billion Improving the legal corridor in anti-smuggling work MoF issues digital transformation assessment indicators HCM City’s revenue drops over VND 19,000 billion
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