Supporting businesses in cost reduction

Supporting businesses in cost reduction

VCN - To continue enhancing the competitiveness of the business environment and supporting business development, Dau Anh Tuan (photo), Deputy secretary general, Head of the Legal department, Vietnam Chamber of Commerce and Industry (VCCI), suggested focus
Removing bottlenecks in logistics costs in the Mekong Delta

Removing bottlenecks in logistics costs in the Mekong Delta

VCN - On May 27, at the Forum: "Improving the logistics service chain for agricultural products in the Mekong Delta", delegates said that the Mekong Delta has the highest logistics costs, accounting for 30% of the product cost, and so it is necessary to remove this bottleneck to help businesses develop.
Logistics businesses must manage to reduce costs

Logistics businesses must manage to reduce costs

VCN – Speaking with Customs News, Mr. Nguyen Tuong, Senior Advisor of the Vietnam Logistics Service Enterprises Association (VLA) said that thanks to the implementation of new generation of free trade agreements (FTAs), import-export firms will benefit most, thereby stimulating the development of the logistics industry.
Customs procedure reform plays important role in reducing costs for businesses

Customs procedure reform plays important role in reducing costs for businesses

VCN - According to calculations by Customs, with about 92,000 import-export businesses in operation, providing free software will help businesses save about VND432 billion.
Exporters are still worried about rising shipping costs

Exporters are still worried about rising shipping costs

VCN – Exporters, especially those of frozen goods, have struggled over the past year because of the increase in the price of empty containers.
Solutions to remove difficulties in managing construction investment costs

Solutions to remove difficulties in managing construction investment costs

VCN- Announcing the labor and equipment cost per shift according to regulations in Decree No. 68/2019/ND-CP before September 30, 2020as a basis for managing construction investment costs.
Procedure of "receiving and processing records" is most time and cost consuming for businesses

Procedure of "receiving and processing records" is most time and cost consuming for businesses

VCN – Up to 26% of businesses have problems with the procedure of "quality inspection of imported goods".
Why has the Cat Linh - Ha Dong urban railway missed its deadline so many times?

Why has the Cat Linh - Ha Dong urban railway missed its deadline so many times?

VCN- According to the conclusion of the State Audit, the Ministry of Transport had to adjust the project investment capital from VND8,769 billion to VND18,001 billion, an increase of 205% compared to the approved initial investment capital.
Maritime transport will be affected by rising costs due to fuel regulations

Maritime transport will be affected by rising costs due to fuel regulations

VCN- According to Vietnam Maritime Administration, in the first quarter of 2019, Vietnam's seaports system received more than 128 million tons of goods, an increase of 7% compared to the same period in 2018, of which container cargo reached nearly 4.1 mil
One-time ruling - Reduce time and costs for enterprises

One-time ruling - Reduce time and costs for enterprises

VCN - The number of importers registering one-time ruling and using the ruling result many times is increasing after commitments on facilitation by the Ho Chi Minh City Customs Department.
Inter-agencies conduct a survey to improve Cross-Border Trade Index

Inter-agencies conduct a survey to improve Cross-Border Trade Index

VCN - An inter-agency working group conducting a survey on Cross-Border Trade Index will measure the time and cost of implementing cross-border trade procedures in Vietnam
Clearance at berth - Save time and costs

Clearance at berth - Save time and costs

VCN - Import goods do not need to be unloaded, customs clearing procedures can be completed immediately the vessels arrive in Cat Lai port, Ho Chi Minh City.
CIC shall not be added to Customs value after goods are imported

CIC shall not be added to Customs value after goods are imported

VCN- This is the response by the Import and Export Duty Department (under the General Department of Vietnam Customs) to LG Electronics Vietnam-Hai Phong Co., Ltd, on CIC.
HCM City: From 1 May 2018, State will calculate cost package for State cars

HCM City: From 1 May 2018, State will calculate cost package for State cars

VCN- From 1 May 2018, HCM City will pilot the application of using a cost package for State cars in 5 units in the area of Ho Chi Minh City.
The Minister of Finance proposes 4 issues to reduce costs for businesses

The Minister of Finance proposes 4 issues to reduce costs for businesses

Under the direction of the Government, the results of financial and budget management have achieved many positive results. But the Minister of Finance said that in the coming time, he would urge the financial sectors to reduce administrative procedures, r
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