EVFTA strengthens Vietnam

EVFTA strengthens Vietnam's attractiveness to European investors

The Vietnam - EU Free Trade Agreement (EVFTA) has been in effect for four years (August 1, 2020). However, the level of benefits received from this new generation FTA is divided and different among businesses.
Authorized economic operator (AEO): Effectiveness in global supply chains

Authorized economic operator (AEO): Effectiveness in global supply chains

VCN - As of now, Vietnam Customs has recognized AEO status for 73 businesses. This result is a crucial step, providing a foundation for Vietnam to negotiate and sign mutual recognition agreements (MRAs) with customs authorities of other countries.
3 years of EVFTA implementation accessed: significant room remains for Vietnam to capitalize

3 years of EVFTA implementation accessed: significant room remains for Vietnam to capitalize

VCN - Having officially taken effect on August 1, 2020, the EU-Vietnam Free Trade Agreement (EVFTA) marked a pivotal milestone in the 30-year history of cooperation and development between the two sides. After 3 years of implementation, EVFTA has not onl
Opportunities for Vietnamese businesses from the shift in US production chains

Opportunities for Vietnamese businesses from the shift in US production chains

VCN - Many US businesses continue to promote supply chain shifts into Vietnam with the expectation that every product sold in the world contains at least some components manufactured in Vietnam.
Two programs for a common goal of benefiting businesses

Two programs for a common goal of benefiting businesses

VCN - The Customs sector identifies reform, simplification of administrative procedures, customs modernization and trade facilitation as the key, cross-cutting tasks, thereby providing fresh impetus for businesses to recover and thrive. On the contrary, t
Investing in technology to sustain growth

Investing in technology to sustain growth

VCN - In the issue shared by businesses at the 2023 business forum organized by Forbes Vietnam Magazine over the weekend, digitization is an important key to overcoming challenges and catching up with the recovering opportunities that are gradually coming
Invest early to catch opportunities from the carbon credit market

Invest early to catch opportunities from the carbon credit market

VCN - The carbon credit market is gradually taking shape. The early implementation of emission reduction measures will bring businesses a lot of benefits, instead of having to spend more costs for the emission balance in the future.
Secrets to help businesses stand firm in the FTA markets

Secrets to help businesses stand firm in the FTA markets

VCN - Currently, many enterprises are afraid to export to the new generation FTA markets due to fear of barriers; many units only do processing with low value and have not built a brand in these markets.
Convenience in making online tax payments via eTax Mobile

Convenience in making online tax payments via eTax Mobile

VCN - The eTax Mobile application not only benefits taxpayers but is an important solution in the tax industry's digital transformation roadmap.
Customs digital transformation plan to bring benefits to three parties

Customs digital transformation plan to bring benefits to three parties

VCN - Digital transformation not only brings benefits to Customs, but also facilitates import and export activities and contributes to improving the management capacity of relevant ministries and agencies.
Ensuring the internalization of intellectual property commitments in the way that is most beneficial to the business

Ensuring the internalization of intellectual property commitments in the way that is most beneficial to the business

VCN - Vietnam has joined many new-generation free trade agreements (FTAs) with comprehensive and high-quality commitments, including commitments on intellectual property (IP). According to Ms. Nguyen Thi Thu Trang, Director of the Center for WTO and Integ
Deploying e-invoices: Impressions of the financial industry in 2021

Deploying e-invoices: Impressions of the financial industry in 2021

VCN - Over the years, the Ministry of Finance and the Tax sector have focused and promoted the application of information technology in management; focusing on implementing many digital transformation solutions, forming a strong and modern digital finance
Cooperation and development with the banking-enterprise ecosystem

Cooperation and development with the banking-enterprise ecosystem

VCN- The cooperation of banks with enterprises has not only increased benefits for customers, but also helped to expand customer networks and develop business. This is the solution that many banks have chosen to apply.
The "piece of cake" of the CPTPP market is very large

The "piece of cake" of the CPTPP market is very large

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) brings Vietnamese businesses great benefits in terms of market opportunities and exports to member countries
Reducing administrative documents in social insurance and health insurance sector

Reducing administrative documents in social insurance and health insurance sector

The administrative procedures of Vietnam Social Insurance are cut from 27 administrative procedures down to 25
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