AI could help Việt Nam improve productivity, speed up development

AI could help Việt Nam improve productivity, speed up development

Asus surveys have shown the majority of users, once familiar with AI, can improve their productivity significantly.
Việt Nam to become Asia-Pacific region

Việt Nam to become Asia-Pacific region's fastest growing economy in 2026

The World Bank projects Việt Nam’s GDP growth at 6.3 per cent in 2026, the highest in the Asia-Pacific region.
Apparatus streamlining, high GDP growth focuses of 13th Party Central Commitee

Apparatus streamlining, high GDP growth focuses of 13th Party Central Commitee's meeting

The Politburo is now submitting a comprehensive report on Resolution 18, proposing reforms to streamline the political system, such as reducing intermediaries in the Party, National Assembly, and Government systems, and potentially discontinuing district- and municipal-level police agencies within the Public Security apparatus.
UNCTAD leader highlights Việt Nam’s role in global trade

UNCTAD leader highlights Việt Nam’s role in global trade

Việt Nam has emerged as a remarkable example of how trade and investment can fuel inclusive growth and development, according to Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).
Việt Nam, Czech Republic issue joint statement on relationship upgrade

Việt Nam, Czech Republic issue joint statement on relationship upgrade

Leaders of the two countries issued a joint statement on the upgrade of bilateral relations to a Strategic Partnership.
Việt Nam sends congratulatory messages to 47th President of the United States

Việt Nam sends congratulatory messages to 47th President of the United States

General Secretary of the Communist Party of Việt Nam Central Committee Tô Lâm, State President Lương Cường, and Prime Minister Phạm Minh Chính underscored that Việt Nam considers the United States a partner of strategic importance.
E-commerce businesses must establish offices in Việt Nam: trade ministry

E-commerce businesses must establish offices in Việt Nam: trade ministry

They should also appoint a legal entity as a representative, the ministry proposes.
Exports sets a record US$ 400 billion

Exports sets a record US$ 400 billion

VCN - In recent years, computers, electronic products and components has continuously topped export turnover.
Best covers of Vietnam Customs songs: 15 winners revealed

Best covers of Vietnam Customs songs: 15 winners revealed

The Vietnam Customs Youth Union has just officially revealed the 15 victorious pieces in the "Cover Songs about Vietnam Customs 2024" contest.
Vietnam Customs kicks off campaign for innovation, breakthrough, and growth

Vietnam Customs kicks off campaign for innovation, breakthrough, and growth

General Department of Vietnam Customs has launched a competition campaign with the theme: "Innovation - Breakthrough – Development”
Researching and proposing amendments to 2014 Customs Law to meet the requirements of innovation

Researching and proposing amendments to 2014 Customs Law to meet the requirements of innovation

VCN - After 10 years of implementation, the Customs Law has been effective in reforming administrative procedures and protecting national sovereignty. However, in the context of innovation requirements, it is necessary to continue reforming specialized in
Vietnam-China trade hits record of US$200 billion

Vietnam-China trade hits record of US$200 billion

VCN - According to preliminary statistics announced by the General Department of Vietnam Customs, in December 2024, Vietnam - China trade hit US$19.66 billion, of this the country's exports amounted to US$6.17 billion and imports amounted to US$13.49 bill

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Banks selling mortgaged assets to recover bad debts

Banks selling mortgaged assets to recover bad debts

Many banks are rushing to sell mortgaged assets to recover bad debts, as these types of debts are forecast to increase slightly this year.
AI could help Việt Nam improve productivity, speed up development

AI could help Việt Nam improve productivity, speed up development

Asus surveys have shown the majority of users, once familiar with AI, can improve their productivity significantly.
Việt Nam to become Asia-Pacific region

Việt Nam to become Asia-Pacific region's fastest growing economy in 2026

The World Bank projects Việt Nam’s GDP growth at 6.3 per cent in 2026, the highest in the Asia-Pacific region.
Việt Nam

Việt Nam's digital tech sector boasts nearly 74,000 companies

The total revenue of Việt Nam’s digital tech companies reached nearly US$158 billion in 2024, a 10.2 per cent year-on-year increase.
Apparatus streamlining, high GDP growth focuses of 13th Party Central Commitee

Apparatus streamlining, high GDP growth focuses of 13th Party Central Commitee's meeting

The Politburo is now submitting a comprehensive report on Resolution 18, proposing reforms to streamline the political system, such as reducing intermediaries in the Party, National Assembly, and Government systems, and potentially discontinuing district- and municipal-level police agencies within the Public Security apparatus.
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.
Best covers of Vietnam Customs songs: 15 winners revealed

Best covers of Vietnam Customs songs: 15 winners revealed

The Vietnam Customs Youth Union has just officially revealed the 15 victorious pieces in the "Cover Songs about Vietnam Customs 2024" contest.
Vietnam Customs kicks off campaign for innovation, breakthrough, and growth

Vietnam Customs kicks off campaign for innovation, breakthrough, and growth

General Department of Vietnam Customs has launched a competition campaign with the theme: "Innovation - Breakthrough – Development”
Researching and proposing amendments to 2014 Customs Law to meet the requirements of innovation

Researching and proposing amendments to 2014 Customs Law to meet the requirements of innovation

VCN - After 10 years of implementation, the Customs Law has been effective in reforming administrative procedures and protecting national sovereignty. However, in the context of innovation requirements, it is necessary to continue reforming specialized in
Hai Phong Customs implements solutions to facilitate trade

Hai Phong Customs implements solutions to facilitate trade

VCN - In 2024, trade turnover of Hai Phong Customs Department saw a sharp increase compared to 2023 to more than US$132 billion.
Quang Ninh Customs strives to collect over VND17,800 billion in revenue in 2025

Quang Ninh Customs strives to collect over VND17,800 billion in revenue in 2025

VCN - Quang Ninh Customs Department has launched an emulation movement on the occasion of the beginning of 2025 to strive to excellently complete political tasks and successfully organize Party congresses at all levels.
Vietnam Customs overhauls customs valuation management

Vietnam Customs overhauls customs valuation management

he General Department of Vietnam Customs has recently issued a decision to promulgate an action plan for the implementation of the Customs Valuation Management Reform Project up to 2030
GDVC answers questions for VBF enterprises

GDVC answers questions for VBF enterprises

VCN - Mr. David Whitehead thanked the leaders of the GDVC and departments for working with the business community. This is an opportunity to improve the effectiveness of cooperation between VBF and the GDVC, bringing benefits to both sides.
6 outstanding events of Vietnam Customs in 2024

6 outstanding events of Vietnam Customs in 2024

VCN - The General Department of Customs has just announced outstanding events in 2024, such as: successfully organizing the 33rd Meeting of the ASEAN Customs Directors-General; successfully completing the budget collection task; trade facilitation with a
Da Nang Customs Department supports enterprises in developing Customs-Business partnership

Da Nang Customs Department supports enterprises in developing Customs-Business partnership

VCN - According to Da Nang Customs Department, in 10 years of developing Customs-Business Partnership, the Customs has not only played the role as the manager but also played the role of the partner, supporting and facilitating businesses, import-export p
Banks selling mortgaged assets to recover bad debts

Banks selling mortgaged assets to recover bad debts

Many banks are rushing to sell mortgaged assets to recover bad debts, as these types of debts are forecast to increase slightly this year.
Keeping inflation in check a priority for 2025

Keeping inflation in check a priority for 2025

Economists have identified a range of factors that may exert inflationary pressure in 2025, including geopolitical risks, global trade disruptions and domestic challenges such as exchange rate fluctuations, rising import costs and natural disasters.
Debt repayment pressure continues to weigh on corporate bond market

Debt repayment pressure continues to weigh on corporate bond market

An alarming 22 per cent of corporate bonds maturing in January 2025 are at risk of defaulting on principal payments, according to a report from VIS Rating.
2025 a new era for financial institutions

2025 a new era for financial institutions

Recent adjustments to Việt Nam’s economic growth forecasts from major financial institutions highlight growing confidence in the country’s economic trajectory.
Positive outlook for Việt Nam’s banking sector in 2025

Positive outlook for Việt Nam’s banking sector in 2025

Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth, according to investment management firm VinaCapital.
SBV makes significant net withdrawal to stabilise exchange rate

SBV makes significant net withdrawal to stabilise exchange rate

Analysis shows it’s an intervention to manage system liquidity.
Việt Nam could maintain inflation between 3.5–4.5% in 2025: experts

Việt Nam could maintain inflation between 3.5–4.5% in 2025: experts

The forecasts were presented by experts at the scientific conference titled ’Market and Price Developments in Việt Nam in 2024 and Forecasts for 2025’ organised by the Institute of Economics and Finance and the Price Management Department on January 9 in Hà Nội.
Banking industry to focus on bad debt handling targets in 2025

Banking industry to focus on bad debt handling targets in 2025

The non-performing loan (NPL) ratio of the banking system (excluding NPLs of weak commercial banks) needs to be controlled at below 3 per cent by the end of 2025.
State Bank sets higher credit growth target for 2025

State Bank sets higher credit growth target for 2025

The credit growth target for the banking system in 2025 has been set higher than in 2024.
From January 1, 2025: 13 product codes increase export tax to 20%

From January 1, 2025: 13 product codes increase export tax to 20%

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.
Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

VCN - 13 commodity codes with export tax rates increased to 20% from January 2025 include:
Proposal to reduce 30% of land rent in 2024

Proposal to reduce 30% of land rent in 2024

The Ministry of Finance has finalized a draft Government Decree outlining the reduction of land rent for 2024. The draft is currently under review by the Ministry of Justice before being submitted to the Government for approval.
Resolve problems related to tax procedures and policies for businesses

Resolve problems related to tax procedures and policies for businesses

VCN - Immediately after the end of the Dialogue Conference between the Ministry of Finance and enterprises on tax and customs policies and administrative procedures in 2024, the General Department of Customs proactively removed obstacles related to tax pr
New regulations on procurement, exploitation, and leasing of public assets

New regulations on procurement, exploitation, and leasing of public assets

Decree No. 114/2024/ND-CP, which amends and supplements certain articles of Decree No. 151/2017/ND-CP detailing the implementation of the Law on Management and Use of Public Assets, introduces significant changes.
Actively listening to the voice of the business community

Actively listening to the voice of the business community

Recognizing the Customs-business relationship as a long-term partnership, the Customs authority has organized hundreds of dialogues with businesses since the beginning of the year
Step up negotiations on customs commitments within the FTA framework

Step up negotiations on customs commitments within the FTA framework

VCN - In addition to promoting negotiations on customs commitments within the framework of FTAs ​​under negotiation, the General Department of Customs actively supports businesses to effectively utilize commitments in signed FTAs, especially CPTPP, EVFTA,
Proposal to amend regulations on goods circulation

Proposal to amend regulations on goods circulation

VCN - The Vietnam Association of Maritime Agents, Brokers and Services has proposes to amend and supplement regulations related to the transport of goods subject to customs supervision.
Review of VAT exemptions for imported machinery and equipment

Review of VAT exemptions for imported machinery and equipment

The General Department of Vietnam Customs has directed provincial and municipal customs departments to review, inspect, and address issues related to the implementation of VAT exemption policies for specialized machinery and equipment used in agricultural
Strictly handling illegal transportation of gemstones by air

Strictly handling illegal transportation of gemstones by air

VCN – Any commodity carried by inbound, outbound persons which exceeds the duty-free limit but still goes through the customs checkpoint without completing the customs declaration shall be considered as illegal imports or exports and shall be handled in a
Nearly 18,000 cases of smuggling, trade fraud and counterfeit goods detected

Nearly 18,000 cases of smuggling, trade fraud and counterfeit goods detected

The total estimated value of confiscated goods exceeded VNĐ31.35 trillion (US$1.23 billion), marking a 12.5 per cent increase in cases and a 151.3 per cent surge in the value compared to the previous year.
Customs seizes smuggled goods and infringing products worth VND31,000 billion

Customs seizes smuggled goods and infringing products worth VND31,000 billion

VCN - The General Department of Vietnam Customs Department (GDVC), the smuggling, trade fraud took place complicatedly in 2024 on routes, regimes, locations, and even in cyberspace.
India launches anti-dumping investigation on nylon yarn imports from Việt Nam

India launches anti-dumping investigation on nylon yarn imports from Việt Nam

The Trade Remedies Authority of Việt Nam recommends businesses involved in the production of the goods carefully review the investigation notice and comply with Indian authorities.
Hanoi Customs: 92% of post-clearance audits reveal violations

Hanoi Customs: 92% of post-clearance audits reveal violations

According to Hanoi Customs, this year’s post-clearance audit plans focus on high-risk areas with signs of violations.
Noi Bai International Border Gate Customs Sub-department: "Blocking" drugs via air

Noi Bai International Border Gate Customs Sub-department: "Blocking" drugs via air

VCN - Deputy Head of Noi Bai International Airport Customs Sub-department Phung Quang Minh said that Noi Bai International Airport currently ranks first in the volume of import and export goods and second in the volume of passengers entering and exiting t
Drug Crime Investigation Police Force cracks down on nearly 29,000 cases

Drug Crime Investigation Police Force cracks down on nearly 29,000 cases

VCN - According to C04's assessment, the drug crime situation is complicated on roads, at sea, and via air and postal routes.
Hai Phong Customs busts illegal import of 600 m3 of precious wood

Hai Phong Customs busts illegal import of 600 m3 of precious wood

VCN - On December 26, a representative of Hai Phong Customs Department said that the department has coordinated with Hai Phong Police to verify 30 containers of wood illegally imported from Africa (about 600 m3).
Hai Phong Customs seizes a container of banned goods at port

Hai Phong Customs seizes a container of banned goods at port

VCN - The bill of lading shows that the shipment was sent from a company located in Tokyo (Japan). The consignee as a company located in Vinh City (Nghe An).
Exports sets a record US$ 400 billion

Exports sets a record US$ 400 billion

VCN - In recent years, computers, electronic products and components has continuously topped export turnover.
Việt Nam

Việt Nam's digital tech sector boasts nearly 74,000 companies

The total revenue of Việt Nam’s digital tech companies reached nearly US$158 billion in 2024, a 10.2 per cent year-on-year increase.
Kom Tum cracks down on durian, jackfruit quality control violations

Kom Tum cracks down on durian, jackfruit quality control violations

Kon Tum province is implementing stricter quality control measures for durian and jackfruit exports following a warning from China about food safety lapses in some Vietnamese durian shipments.
Exporters make contingencies as fear of tariffs looms

Exporters make contingencies as fear of tariffs looms

Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.
Businesses say there is growing demand for organic products

Businesses say there is growing demand for organic products

Organic farming is emerging as a leading solution in safeguarding ecosystems, while meeting the rising appetite for clean and safe food, said businesses.
Small businesses struggle to trade carbon credits

Small businesses struggle to trade carbon credits

Carbon credit trading mechanisms are not yet working in many sectors, causing issues for enterprises who want to trade.
Exporters make contingencies as fear of tariffs looms

Exporters make contingencies as fear of tariffs looms

Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.
Pepper prices expected to keep rising

Pepper prices expected to keep rising

The IPC forecasts that global pepper production in 2025 will continue to decline, due in part to the lower economic efficiency of pepper compared to other crops, leading many farmers to no longer choose pepper as a primary crop.
Việt Nam-China trade exceeded $205 billion in 2024

Việt Nam-China trade exceeded $205 billion in 2024

Việt Nam-China trade reached a new record of US$205.2 billion in 2024, marking a new milestone in two-way trade.
Dutch customs seize 1,575 kilograms of cocaine at Vlissingen Port

Dutch customs seize 1,575 kilograms of cocaine at Vlissingen Port

Dutch customs authorities have seized approximately 1,575 kilograms of cocaine, valued at an estimated 118 million euros, at the port of Vlissingen, located at the mouth of the Scheldt River.
Taiwan-Canada customs agreement signed - Taipei Times

Taiwan-Canada customs agreement signed - Taipei Times

Taiwan is Canada’s sixth-largest trading partner in Asia, so facilitated customs clearances at borders would bring substantial benefits to both countries.
Sabah Customs foils bid to smuggle 3,000 cartons of liquor

Sabah Customs foils bid to smuggle 3,000 cartons of liquor

VCN - Sabah Customs has foiled a syndicate's attempt to smuggle 3,000 cartons of liquor by declaring them as canned food.
The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs

The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs

VCN - The Bureau of Customs of The Philippines (BOC) has taken a groundbreaking step towards enhancing transparency and accountability by implementing an innovative approach to corruption risk mapping with support from the World Customs Organization (WCO)
US customs clamps down on vague cargo descriptions

US customs clamps down on vague cargo descriptions

US Customs and Border Protection (CBP) is clamping down on the use of vague descriptions of shipments submitted through the Air Cargo Advance Screening (ACAS).
Uzbekistan Signs Customs Agreement With U.S.

Uzbekistan Signs Customs Agreement With U.S.

VCN - The heads of the Uzbek and American customs services have signed an agreement “On Cooperation and Mutual Assistance,” an essential legal basis of cooperation in customs. The deal was signed in a bilateral meeting between the Chairman of the Uzbekist
Hong Kong customs seizes B42.5m of smuggled platinum, its largest haul in 20 years

Hong Kong customs seizes B42.5m of smuggled platinum, its largest haul in 20 years

VCN - Hong Kong customs has claimed its biggest haul of smuggled platinum in two decades, seizing HKcopy0 million (42.5 million baht) worth of the metal hidden in a battery box at the bottom of a Shenzhen-bound truck.
Customs Affairs conducts training programme for OFOQ2 Single Window System

Customs Affairs conducts training programme for OFOQ2 Single Window System

Manama, Aug. 14 (BNA): The Customs Affairs has completed a training programme for users of the Customs Single Window (OFOQ2) system, including competent authorities and customs clearance offices. The training was conducted by Customs Affairs trainers with the participation of specialists from various customs directorates.
Abu Dhabi Customs equips sea customs centres with five advanced inspection devices

Abu Dhabi Customs equips sea customs centres with five advanced inspection devices

VCN - The General Administration of Abu Dhabi Customs has completed a project to equip its sea customs centers with advanced inspection devices as part of its ongoing efforts to enhance the efficiency of customs operations across the border ports of Abu D
Latest Most read
Banks selling mortgaged assets to recover bad debts

Banks selling mortgaged assets to recover bad debts

Many banks are rushing to sell mortgaged assets to recover bad debts, as these types of debts are forecast to increase slightly this year.
AI could help Việt Nam improve productivity, speed up development

AI could help Việt Nam improve productivity, speed up development

Asus surveys have shown the majority of users, once familiar with AI, can improve their productivity significantly.
Exports sets a record US$ 400 billion

Exports sets a record US$ 400 billion

VCN - In recent years, computers, electronic products and components has continuously topped export turnover.
Việt Nam to become Asia-Pacific region

Việt Nam to become Asia-Pacific region's fastest growing economy in 2026

The World Bank projects Việt Nam’s GDP growth at 6.3 per cent in 2026, the highest in the Asia-Pacific region.
Việt Nam

Việt Nam's digital tech sector boasts nearly 74,000 companies

The total revenue of Việt Nam’s digital tech companies reached nearly US$158 billion in 2024, a 10.2 per cent year-on-year increase.
“Watching” authorities to transport smuggled cigarettes

“Watching” authorities to transport smuggled cigarettes

Fuel management on exit-entry transport vehicles: International experience for Vietnam Customs’references

Fuel management on exit-entry transport vehicles: International experience for Vietnam Customs’references

Top leader’s visit marks new milestone in Vietnam - China friendly neighbourliness

Top leader’s visit marks new milestone in Vietnam - China friendly neighbourliness

Hanoi Customs, Vientiane Customs (Laos) cooperate to exchange information

Hanoi Customs, Vientiane Customs (Laos) cooperate to exchange information

PM orders enhanced price management measures

PM orders enhanced price management measures

“Watching” authorities to transport smuggled cigarettes Fuel management on exit-entry transport vehicles: International experience for Vietnam Customs’references Top leader’s visit marks new milestone in Vietnam - China friendly neighbourliness Hanoi Customs, Vientiane Customs (Laos) cooperate to exchange information PM orders enhanced price management measures
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