VCN - Currently, 72 firms have been recognized as Authorized Economic Operators in custom area across the country, including 25 Vietnamese operators.

VCN - Under the bright sunshine and gentle winds blowing in the border region on an early winter day, Na Hinh auxiliary border gate in Van Lang district, Lang Son province seemed to be welcoming us back with open arms. Each convoy of vehicles transporting

VCN - So far, Da Nang Customs Department has organized 11 online and offline dialogue conferences with 244 businesses and answered 93 questions.

VCN - The Customs industry has applied customs management mechanisms to each subject, encouraging customs declarant to comply with the law.

VCN - Raw materials were purchased domestically to produce export products, but the partner stopped the order. Now, if the company wants to liquidate these raw materials to a foreign partner, what procedures will the company perform? That is one of questi

VCN - Over the past time, the General Department of Vietnam (GDVC) has received feedback from operation of the VNACCS/VCIS system, affecting the Customs clearance of imports and exports.

VCN – Vietnam Customs and China Customs have discussed and agreed to promote information exchange through designated focal points to enhance efficiency of anti-smuggling in all routes.

VCN - According to the Customs Industry’s Digital Transformation Plan to 2025, orientation to 2030, the General Department of Vietnam Customs (GDVC) has added tasks of deploying a Digital border gate and smart border gate connection platform, and assigned

VCN – According to Lang Son Customs Department, the import-export activities show signs of strong recovery, helping the state budget revenue through the area of Lang Son Customs Department as of November 7 increase by 14, 71% year-on-year.

VCN - Minister of Finance Ho Duc Phoc signed and promulgated Directive 03/CT-BTC requiring heads of affiliated and subordinate units to thoroughly implement well the Prime Minister's direction on rectifying and strengthening the inspection, examination an

VCN - The Project Steering Committee of the Strengthening Public Financial Management Program, Subprogram 1 with a medium-term vision (Project) under the Strengthening Public Financial Management in Viet Nam program held its third meeting on the afternoon

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam. ​

VCN - Implementing the direction of the Prime Minister and the Minister of Finance in tax refunds, the General Department of Taxation has directed tax authorities at all levels to speed up the progress of tax refund settlement, and at the same time, stron

VCN - The Ministry of Finance states that the issuance of electronic invoices for each petroleum retail sale is fully supported by legal grounds. Alongside this, the Tax Department is escalating efforts in advocacy, leadership, directives, and the impleme

Transactions with a value of 400 million VND ($16,520)or more must be reported to the State Bank of Vietnam (SBV) from December 1, 2023, according to a new regulation.

VCN - According to the Ministry of Finance, through 10 months of 2023, the Ministry of Finance Inspectorate and units with specialized inspection functions under the Ministry have carried out more than 60,880 inspections and examinations, and discovered many violations in managing, using state capital and assets.

VCN - Responding to the opinions of National Assembly delegates on reducing value added tax (VAT), Minister of Finance Ho Duc Phoc said that this is only one of solutions and is effective in the short term, so it still needs long-term solutions for econom

VCN - According to the program of the 6th Session, Minister of Finance Ho Duc Phoc, authorized by the Prime Minister, presented a Proposal on reducing value added tax (VAT), with a proposal to continue implementing this policy in the first half of 2024.

VCN - Many opinions agree with the drafting agency's proposal to implement a policy to expand the tax base for products that are not beneficial to health and the environment such as sugary drinks as well as research on increasing special consumption tax (

VCN - According to the Ministry of Finance, the specific goal of amending the Law on Corporate Income Tax (CIT) will contribute to creating conditions to promote and support businesses to expand production and business; Review and rearrange tax incentive

VCN - The pilot project on importing medicinal materials through Chi Ma border gate is approved by the Government and is effective for two years, starting from October 1, 2021 to October 1, 2023. Since implementing the project until now, only one shipment

VCN - The valuation work from the beginning of the year until now has been continuously reviewed by the Ministry of Finance and given directions and reminders on proper compliance with legal regulations in this field.

VCN - A foreign-invested enterprise completed procedures to export dozens of shipments of used electronic components. The customs suspected the exported goods as waste but encountered difficulties in identifying the goods.

VCN - Based on the provisions of the land law, the land rental payable of projects is high or low depending on four factors: the land area for lease; land rent price; percentage rate; State’s policies of deduction, exemption. Of which, the main factors ar

VCN - According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the Ministry of Finance has directed to handle or advise the handling authority related to the petitions of seafood enterprises.

VCN - Some foreign direct investment (FDI) enterprises have encountered difficulties in customs procedures for exporting goods of imported origin wihout undergoing processing. The Customs authority have provided timely response and guidance.

VCN - Regarding the identification of Vietnamese products and goods, made in Vietnam, since the Ministry of Industry and Trade proposed to the Government, until now, after 5 years, it has not been able to be issued.

VCN - Many cases of transporting firecrackers across the border to the inland have been detected and promptly stopped by the Customs and Police forces before they were brought to the market for consumption near Tet.

VCN - Through the investigation, the Drug-related crime investigation Police Department (C04, Ministry of Public Security) discovered many advertisements and offers for sale of e-cigarettes and cigarettes containing drugs on the social network.

VCN - Within the framework of the Conference summarizing Mekong Dragon Campaign phase 5 (taking place in Hanoi on November 21-22), Vietnam Customs and China Customs (the two co-initiative countries) requested members to continue deploying phase 6 of the C

VCN - Tan Son Nhat International Airport Customs Branch, Ho Chi Minh City Customs Department has implemented a peak plan to fight against smuggling, trade fraud, counterfeit goods, and illegal cross-border transportation of goods before, during and after

VCN - The border areas of Dien Bien, Son La, Lai Chau, etc are always "hot" about drugs. The masterminds and leaders often operate anonymously to find sources of goods, provide finance and hire people to illegally transport drugs across the border.

VCN - Implementing Operation Mekong Dragon, Lao Cai Customs Department cracked down on three drug cases.

VCN - Quang Tri Customs Department reported that the unit that has just presided over and coordinated with other forces to successfully crackdown a drug case, arresting three suspects carrying 2,000 ecstasy pills and 1 kg of ketamine.

VCN - Steering Committee 389 of Quang Ninh has requested member branches and local Steering Committee 389 to prevent early, remotely, control the smuggling situation and restrain smugglers, trade fraud, and illegal cross-border transportation goods in the

VCN - The situation of trading and transporting smuggled and counterfeit goods in Ho Chi Minh City tends to increase in the last months of 2023. Ho Chi Minh City Customs, Police, and Market Surveillance forces closely coordinate to prevent smuggled and co

VCN - As of November 15, the export turnover of fruits and vegetables has reached the milestone of $5 billion, a record figure to date.

VCN - Textile and garment exports for the whole year are expected to earn 40.3 billion USD. The industry's export target for 2024 is 44 billion USD.

Vietnam Textile and Apparel Association (VITAS) has set a target of earning 44 billion USD from textile and apparel exports in 2024 as positive changes have seen from the last quarter of this year.

Nearly 28.85 billion USD in foreign direct investment (FDI) was registered as of November 20, rising 14.8% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Exports, in addition to consumption and investment, play a crucial role in propelling Vietnam's economy beyond challenges, aiming to swiftly revive it.

Japan is the partner that has signed the most bilateral and multilateral free trade agreements (FTAs) with Vietnam which open up many opportunities for stronger trade cooperation between the two nations, according to Tran Quang Huy, Director of the Ministry of Industry and Trade's Asia-Africa Market Department.

Statistics of the General Department of Customs showed that the export of garments fell by 12.9% to 27.7 billion USD in the first ten months of this year, and that of footwear by 18.3% to 16.4 billion USD.

VCN - The National Assembly has passed a resolution on the Economic and Social Development Plan for 2024.

VCN - The warming global market is the driving force for export activities in Binh Duong to improve significantly in the last months of the year.

The Customs Bill 2023 was passed today in the Jatiya Sangsad here aiming to ensure fiscal discipline and accountability in import revenue collection and trade facilitation.

The General Administration of Customs has introduced 16 reform measures to foster the high-quality development of processing trade by tackling the challenges and issues that hinder its growth, said an official on Tuesday.

VCN - On 23 October 2023, the World Customs Organization (WCO) held its second Symposium on E-Commerce and Customs Valuation.

The World Customs Organization (WCO) is pleased to present its new mobile application “HS Browse & Check”, a mobile application designed to provide customs professionals and international trade enthusiasts with convenient access to the Harmonized System (HS) 2022.

VCN - Strengthening the internal control system to ensure legal compliance is an indispensable factor for businesses.

Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, has announced the completion of its blockchain integration system in partnership with Dubai Customs. This makes it the first free zone in Dubai to achieve this milestone. The integration was executed as part of Dubai South’s commitment to the overarching objectives of the Dubai eCommerce strategy. This strategy aspires to position Dubai as the region’s premier logistics hub and attract foreign direct investments into the e-commerce sector.

The Nigeria Customs Service, NCS, is currently in the final stages of integrating its Information Technology, IT, systems with that of the Federal Road Safety Corps, FRSC, to curb the smuggling of vehicles into the country.

Between 1 April 2020 and 30 June 2023, the World Customs Organization (WCO) collaborated with eight Member administrations of the Asia-Pacific (A/P) region to successfully implement the Asia-Pacific Plastic Waste (APPW) Project. This vital regional initiative, financially supported by the Government of Japan, aimed to tackle the environmental threats posed by poorly managed trade in plastic waste.

The World Customs Organization and the International Civil Aviation Organization (ICAO) have released a revised brochure titled “Moving Air Cargo Globally - Air Cargo and Mail Secure Supply Chain and Facilitation”. The brochure aims to assist air transport regulators and operators in mitigating security threats associated with air cargo activities.