Vietnam

Vietnam's industrial production increases in eight months

Vietnam’s index of industrial production (IIP) saw a year-on-year increase of 8.8% over the past eight months, extending the recovery of the sector, the General Statistics Office (GSO) has reported.
Lao top leader’s Vietnam visit affirms determination to develop bilateral ties: Official

Lao top leader’s Vietnam visit affirms determination to develop bilateral ties: Official

The state visit to Vietnam by Party General Secretary and State President of Laos Thongloun Sisoulith and his spouse from September 10-13 further underscores the determination of the two countries’ high-ranking leaders to preserve, strengthen, and develop their great friendship, special solidarity, and comprehensive cooperation, Chargé d'Affaires of the Embassy of Vietnam in Laos Phan Minh Chien has said.
Ho Chi Minh City supports businesses in building brands

Ho Chi Minh City supports businesses in building brands

VCN - According to data released by the General Department of Customs, among the major export localities in the past 7 months, Ho Chi Minh City is still leading with a turnover of nearly 26 billion USD.
Top Lao leader’s state visit to Vietnam demonstrates great friendship: Party official

Top Lao leader’s state visit to Vietnam demonstrates great friendship: Party official

The upcoming state visit to Vietnam by General Secretary of the Lao People’s Revolutionary Party Central Committee (LPRP) and President of Laos Thongloun Sisoulith and his spouse from September 10 to 13 is a vivid demonstration for the great friendship and special solidarity between the two Parties and States, according to a Party official.
Vietnam enjoys stable economic rebound so far

Vietnam enjoys stable economic rebound so far

Over the past six months, the Vietnamese economy has recorded many important and encouraging achievements, showing the economy’s rebouncing to the pre-COVID-19 level, with many bright spots.
New momentum for Vietnam-Russia trade cooperation

New momentum for Vietnam-Russia trade cooperation

The official visit to Russia by National Assembly Chairman Tran Thanh Man, which will see the top legislator co-chairing the third session of the Vietnam-Russia Inter-Parliamentary Cooperation Committee, is expected to create new momentum for bilateral trade – a highlight in the two nations’ relationship since they established diplomatic ties in 1950.
Mozambican President arrives in Hanoi, beginning official visit to Vietnam

Mozambican President arrives in Hanoi, beginning official visit to Vietnam

Mozambican President Filipe Jacinto Nyusi and his spouse arrived in Hanoi on September 8 afternoon, beginning their three-day official visit to Vietnam at the invitation of Party General Secretary and President To Lam and his spouse.
Build a trusted Customs-Business partnership

Build a trusted Customs-Business partnership

VCN - Up to now, the work of developing partnership relations has brought about many positive results for both the Customs agency and the business community, which have been recognized and highly appreciated by the State and the business community.
New Director General of Vietnam Customs: Concentrating all resources to prioritise comprehensive digital transformation of customs work

New Director General of Vietnam Customs: Concentrating all resources to prioritise comprehensive digital transformation of customs work

New General Director of Vietnam Customs, Nguyen Van Tho, has given an interview to Customs Magazine to share important messages about the goals and orientation for the development of Vietnam Customs in the new era.
Implementation of the Memorandum of Understanding on cooperation between Vietnam Customs and Indian Customs

Implementation of the Memorandum of Understanding on cooperation between Vietnam Customs and Indian Customs

Vietnam Customs requests the Vietnam Customs School and its units to proactively identify the contents, methods and forms of training to be included in the annual competence building cooperation program with Indian Customs.
Annual Customs-Business Forum 2024 titled “10-year development of Customs-Business Partnership” to be held on September 10

Annual Customs-Business Forum 2024 titled “10-year development of Customs-Business Partnership” to be held on September 10

VCN - The forum includes two sessions.
Officially operating the Nanning (China) - Ha Long (Vietnam) passenger transport route via the Beilun II Bridge

Officially operating the Nanning (China) - Ha Long (Vietnam) passenger transport route via the Beilun II Bridge

After nearly 3 months of launching, the Nanning (China) - Ha Long (Vietnam) passenger transport route via the Beilun II Bridge has officially operated

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Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

VCN - The Government suggests that it is necessary to develop regulations on special consumption tax that adhere to the principle of promoting production and business, economic development and meet the requirements of protecting the environment and people
Under the spotlight: Businesses whose CEOs have been recently grounded

Under the spotlight: Businesses whose CEOs have been recently grounded

Due to tax arrears, 6 enterprise directors have just been notified by the Customs to be temporarily suspended from leaving the country. Why do these enterprises owe taxes?
Mobilizing finance for low-emission rice value chains

Mobilizing finance for low-emission rice value chains

VCN - It is estimated that the project will create new value of about VND21, 000 billion/year, equivalent to about USD840 million/year.
Insurance companies adapt to e-commerce trends

Insurance companies adapt to e-commerce trends

VCN - Travel insurance, cargo insurance, shipping insurance… have become popular services in online shopping transactions. Therefore, insurance companies are adapting this trend and expanding their customer data.
Credit growth target is within reach to contribute to boosting economic growth: SBV

Credit growth target is within reach to contribute to boosting economic growth: SBV

Another important factor is to increase the capital absorption capacity of enterprises which will require a combination of macro policies to create favourable conditions for businesses, SBV’s Deputy Governor Đào Minh Tú said.
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.
Build a trusted Customs-Business partnership

Build a trusted Customs-Business partnership

VCN - Up to now, the work of developing partnership relations has brought about many positive results for both the Customs agency and the business community, which have been recognized and highly appreciated by the State and the business community.
Customs sector actively promotes law enforcement in response to Vietnam Law Day

Customs sector actively promotes law enforcement in response to Vietnam Law Day

In response to Law Day, General Department of Vietnam Customs requests units in the whole sector to improve the effectiveness of building, promoting dissemination on customs law enforcement
HCM City Customs Department prevents smuggling and tax fraud

HCM City Customs Department prevents smuggling and tax fraud

VCN - According to HCM City Customs Department, motivated by the implementation of many drastic solutions in the fight against smuggling and trade fraud, the specialized anti-smuggling force as well as the department's customs branches have effectively co
New Director General of Vietnam Customs: Concentrating all resources to prioritise comprehensive digital transformation of customs work

New Director General of Vietnam Customs: Concentrating all resources to prioritise comprehensive digital transformation of customs work

New General Director of Vietnam Customs, Nguyen Van Tho, has given an interview to Customs Magazine to share important messages about the goals and orientation for the development of Vietnam Customs in the new era.
Implementation of the Memorandum of Understanding on cooperation between Vietnam Customs and Indian Customs

Implementation of the Memorandum of Understanding on cooperation between Vietnam Customs and Indian Customs

Vietnam Customs requests the Vietnam Customs School and its units to proactively identify the contents, methods and forms of training to be included in the annual competence building cooperation program with Indian Customs.
Annual Customs-Business Forum 2024 titled “10-year development of Customs-Business Partnership” to be held on September 10

Annual Customs-Business Forum 2024 titled “10-year development of Customs-Business Partnership” to be held on September 10

VCN - The forum includes two sessions.
Customs industry’s revenue in August slows down

Customs industry’s revenue in August slows down

VCN - Notably, as the department accounting for the largest proportion in the import-export revenue of the whole country, HCM City Customs Department has faced difficulties in revenue collection and recorded the decrease in revenue.
Officially operating the Nanning (China) - Ha Long (Vietnam) passenger transport route via the Beilun II Bridge

Officially operating the Nanning (China) - Ha Long (Vietnam) passenger transport route via the Beilun II Bridge

After nearly 3 months of launching, the Nanning (China) - Ha Long (Vietnam) passenger transport route via the Beilun II Bridge has officially operated
Lao Cai Customs clears 454 durian trucks during 4-day holiday

Lao Cai Customs clears 454 durian trucks during 4-day holiday

During the 4-day National Day holiday in 2024 (from August 31 to September 3, 2024), Lao Cai Border Gate Customs Branch (Lao Cai Customs Department) cleared 454 durian trucks for export.
Credit growth target is within reach to contribute to boosting economic growth: SBV

Credit growth target is within reach to contribute to boosting economic growth: SBV

Another important factor is to increase the capital absorption capacity of enterprises which will require a combination of macro policies to create favourable conditions for businesses, SBV’s Deputy Governor Đào Minh Tú said.
Strictly handle violations of invoices in a timely manner to avoid budget losses

Strictly handle violations of invoices in a timely manner to avoid budget losses

VCN - The General Department of Taxation has just issued a document directing local tax authorities nationwide to conduct close and timely review and supervision of businesses showing signs of risks in the illegal trade and use of invoices.
SBV gives the green light to increase credit

SBV gives the green light to increase credit

Commercial banks and other credit institutes whose credit growth reached 80% of the targets set by the central bank at the beginning of the year, will have their credit limit increased, stated the State Bank of Vietnam (SBV).
Accurate information, improving quality of state financial statement

Accurate information, improving quality of state financial statement

VCN - The preparation of state financial statement has been significantly improved for units in the State Treasury as well as at financial information providers, thereby assessing the state financial picture transparently and comprehensively.
Strive to achieve State revenue in 2024 exceeding 10% of the target

Strive to achieve State revenue in 2024 exceeding 10% of the target

VCN - Accordingly, the Prime Minister directs ministries, agencies, and localities to effectively implement key solutions and tasks to promote administrative procedure reform, improve the investment and business environment, enhance national competitivene
Continue to publicly disburse public investment capital, many key projects have low rates

Continue to publicly disburse public investment capital, many key projects have low rates

The Ministry of Finance continues to publicize the disbursement rate of public investment capital plans of many key projects, notably that many projects and component projects have very low disbursement rates.
Public investment disbursement rate in 8 months reaches about 40.5% of the plan

Public investment disbursement rate in 8 months reaches about 40.5% of the plan

VCN - The disbursement for the Socio-Economic Recovery and Development Program is VND 4,931.4 billion (reaching 79.32% of the plan assigned by the Prime Minister), the National Target Program is VND 13,812.4 billion (reaching 50.74% of the plan assigned b
State revenue in 8 months increased by about 18%

State revenue in 8 months increased by about 18%

VCN - According to the Ministry of Finance, the total revenue is estimated at VND101.3 trillion, meeting 6% of the estimate, and 57.5% of the average revenue of the first 7 months of the year.
Challenges of collecting e-commerce tax losses

Challenges of collecting e-commerce tax losses

Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.
Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

VCN - The Government suggests that it is necessary to develop regulations on special consumption tax that adhere to the principle of promoting production and business, economic development and meet the requirements of protecting the environment and people
Information on the proposal to remove the VAT exemption for low-value goods

Information on the proposal to remove the VAT exemption for low-value goods

it is known that recently some countries have begun to research and implement VAT collection for low-value goods.
Alcohol and beer are subject to special consumption tax

Alcohol and beer are subject to special consumption tax

VCN - According to the provisions of the Law on Special Consumption Tax, alcohol and beer are subject to special consumption tax.
It is necessary to clarify principles for applying the list of food safety inspection items

It is necessary to clarify principles for applying the list of food safety inspection items

VCN - The General Department of Customs organized a concentrated working session, coordinating with representatives of the Ministry of Health, the Ministry of Industry and Trade, the Ministry of Agriculture and Rural Development to review and standardize
Perfecting the law on management and use of public property

Perfecting the law on management and use of public property

At the conference of collecting feedbacks about Law on Management and Use of Public Property, delegates proposed amendments to increase efficiency and autonomy in the management and use of public property.
Legal basis for tax collection, payment and management for foreign enterprises

Legal basis for tax collection, payment and management for foreign enterprises

The Draft Law on Corporate Income Tax (CIT) has amended and supplemented regulations on taxpayers to contribute to improving policy transparency, facilitating tax management
Handling tax debts for imported goods under the type of processing

Handling tax debts for imported goods under the type of processing

General Department of Vietnam Customs has just guided the Dong Nai Customs Department to resolve difficulties in handling tax debts for imported goods under the type of processing type, export production
Procedures on declaration registration and processing taxes for enterprises that have been shutdown

Procedures on declaration registration and processing taxes for enterprises that have been shutdown

Regarding the case of an enterprise that has temporarily suspended operations or gone missing as confirmed by tax authority, the General Department of Vietnam Customs has responded
Unify the way of handling administrative violations for imported vehicles

Unify the way of handling administrative violations for imported vehicles

The General Department of Vietnam Customs requests designated units to review records and unify the way of handling administrative violations in specific cases related to imported vehicles
Under the spotlight: Businesses whose CEOs have been recently grounded

Under the spotlight: Businesses whose CEOs have been recently grounded

Due to tax arrears, 6 enterprise directors have just been notified by the Customs to be temporarily suspended from leaving the country. Why do these enterprises owe taxes?
Hanoi Customs on the front line of combating drugs via air route

Hanoi Customs on the front line of combating drugs via air route

Looking at the number of exhibits and drug cases seized by the Hanoi Customs Department in coordination with the competent forces in recent times shows the increasing severity of this type of crime.
Ministry of Finance directs to strengthen fight against smuggling, trade fraud and tax evasion

Ministry of Finance directs to strengthen fight against smuggling, trade fraud and tax evasion

VCN - The Ministry of Finance's Steering Committee 389 has just directed the General Department of Customs, the General Department of Taxation and the Ministry of Finance Inspectorate to strengthen the fight against smuggling, trade fraud and tax evasion.
Quang Ninh Customs controls e-cigarettes and heated tobacco products

Quang Ninh Customs controls e-cigarettes and heated tobacco products

VCN - Customs Enforcement Teams No.1 and No.2 are required to strengthen patrols and controls at the managed areas and units, and comprehensively take customs control measures and grasp information in the area.
An Giang Customs combats smuggling during flood season

An Giang Customs combats smuggling during flood season

VCN - Recently, on August 9, the Investigation Police Department of An Giang Province Police issued a Decision to prosecute a criminal case of “Illegal transportation of goods across the border” at Khanh Binh Border Gate (An Giang).
Smuggled mooncakes is a persistent problem

Smuggled mooncakes is a persistent problem

Close to mid-autumn Festival, the competent force is struggling to deal with the smuggling of raw materials into the domestic market, even smuggled moon cakes whose quality is not declared and are not inspected
Over 5,000 firms with tax debts at HCM City Customs publicized

Over 5,000 firms with tax debts at HCM City Customs publicized

VCN - Among them, many FDI enterprises have very large tax debts.
Squadron 3, Anti-smuggling and Investigation Department: Proactively control and prevent smuggling of gasoline, oil and drugs at sea

Squadron 3, Anti-smuggling and Investigation Department: Proactively control and prevent smuggling of gasoline, oil and drugs at sea

VCN - Proactively grasping the situation and controlling the assigned areas in the southern sea, the Southern Sea Control Squadron (Squadron 3) and the Anti-smuggling and Investigation Department - General Department of Customs have coordinated to detect and prevent many cases of illegal transportation of gasoline, oil and drugs.
Ho Chi Minh City: Many violations in e-commerce business

Ho Chi Minh City: Many violations in e-commerce business

Since the beginning of the year, Ho Chi Minh City authorities have inspected and detected many violations in online sales.
Mobilizing finance for low-emission rice value chains

Mobilizing finance for low-emission rice value chains

VCN - It is estimated that the project will create new value of about VND21, 000 billion/year, equivalent to about USD840 million/year.
Insurance companies adapt to e-commerce trends

Insurance companies adapt to e-commerce trends

VCN - Travel insurance, cargo insurance, shipping insurance… have become popular services in online shopping transactions. Therefore, insurance companies are adapting this trend and expanding their customer data.
Vietnamese passion fruits enter Australian market

Vietnamese passion fruits enter Australian market

Passion fruits have become the fifth kind of Vietnamese fruits to be officially exported to Australia, following mango, longan, lychee, and dragon fruit.
Avoiding export disruptions when implementing EU anti-deforestation regulations

Avoiding export disruptions when implementing EU anti-deforestation regulations

VCN - Goods produced illegally, on land deforested after 31/12/2020 or that are not traceable, do not comply with regulations and cannot be placed on the EU market.
Developing a raw material trading center to address bottlenecks in the textile and footwear industry

Developing a raw material trading center to address bottlenecks in the textile and footwear industry

VCN - According to Thang, Vietnam's textile and footwear industries have established a strong presence on the global stage. However, these sectors are now facing competition from various countries and challenges such as the growing trend toward green cons
Regional forum seeks solutions to challenges in rice value chain development

Regional forum seeks solutions to challenges in rice value chain development

A regional forum on low-emission rice farming kicked off in Hanoi on September 9, aiming to promote cooperation, build consensus, and seek viable solutions to address challenges in developing a sustainable rice value chain across landscapes.
Vietnam

Vietnam's coconut exports to rise remarkably thanks to shipments to China

Fresh coconuts, a burgeoning contributor to Vietnam's agricultural exports, are poised to make a substantial impact on the nation's economy through increased shipments to China, according to officials.
Wood industry witnesses positive market signals

Wood industry witnesses positive market signals

The final months of the year are when consumers typically renovate and redecorate their homes in preparation for the New Year, providing a significant boost in export orders for the wood industry.
Vietnam’s aquatic product exports reel in positive forecasts to year end

Vietnam’s aquatic product exports reel in positive forecasts to year end

Vietnam's aquatic product exports are on track to hit a target of 9.5 billion USD by the end of this year, buoyed by sustained positive growth in recent months, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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
Customs rules get stringent at Singapore

Customs rules get stringent at Singapore

VCN - The FTZ regulations require cargo interests to submit import cargo information on long-haul trades 12 hours prior to each vessel’s arrival at berth in Singapore Port and for short-haul trades
Sabah Customs seizes over RM600,000 worth of drugs

Sabah Customs seizes over RM600,000 worth of drugs

VCN - A teenager was among two suspected drug mules nabbed with over 20kg of drugs valued at around RM667,729.44 from two airports in the state recently.
Hong Kong customs to use AI to check 6,000 digital images in seconds for crime-fighting boost

Hong Kong customs to use AI to check 6,000 digital images in seconds for crime-fighting boost

Hong Kong customs will establish a new artificial intelligence (AI) system that can process up to an hour of surveillance camera footage or about 6,000 images within seconds to crack down on crimes involving digital evidence.
Hong Kong customs seizes HK$5.8 million of heroin hidden among durians

Hong Kong customs seizes HK$5.8 million of heroin hidden among durians

Officers also arrested three men, aged between 25 and 53, in connection with the trafficking of the substance.
Dubai and Indonesia to boost the Comprehensive Partnership Agreement with advanced customs procedures

Dubai and Indonesia to boost the Comprehensive Partnership Agreement with advanced customs procedures

Dubai and Indonesia to boost the Comprehensive Partnership Agreement through advanced customs procedures and AI systems at Jebel Ali and Dubai International Airport, enhancing trade efficiency.
India imposes 10% customs duty on solar glass imports

India imposes 10% customs duty on solar glass imports

VCN - The Indian authorities will introduce a 10% customs duty on solar glass imports from October. The government has also expanded the list of exempted equipment for solar cell and panel production to support domestic manufacturing.
Customs seize arms, ammunition worth N2bn from Turkey

Customs seize arms, ammunition worth N2bn from Turkey

The Nigeria Customs Service said its operatives intercepted nine containers carrying offensive items including arms, ammunition, Illicit drugs and second-hand clothes worth N13.9 billion.
Latest Most read
Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

VCN - The Government suggests that it is necessary to develop regulations on special consumption tax that adhere to the principle of promoting production and business, economic development and meet the requirements of protecting the environment and people
Under the spotlight: Businesses whose CEOs have been recently grounded

Under the spotlight: Businesses whose CEOs have been recently grounded

Due to tax arrears, 6 enterprise directors have just been notified by the Customs to be temporarily suspended from leaving the country. Why do these enterprises owe taxes?
Mobilizing finance for low-emission rice value chains

Mobilizing finance for low-emission rice value chains

VCN - It is estimated that the project will create new value of about VND21, 000 billion/year, equivalent to about USD840 million/year.
Insurance companies adapt to e-commerce trends

Insurance companies adapt to e-commerce trends

VCN - Travel insurance, cargo insurance, shipping insurance… have become popular services in online shopping transactions. Therefore, insurance companies are adapting this trend and expanding their customer data.
Build a trusted Customs-Business partnership

Build a trusted Customs-Business partnership

VCN - Up to now, the work of developing partnership relations has brought about many positive results for both the Customs agency and the business community, which have been recognized and highly appreciated by the State and the business community.
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

Vietnam, Cambodia look forward to 20 billion USD trade

Vietnam, Cambodia look forward to 20 billion USD trade

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 Vietnam, Cambodia look forward to 20 billion USD trade
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