Be careful when changing fuel pricing formula

Be careful when changing fuel pricing formula

VCN – Petroleum is an important and essential commodity for the economy, society, and people's lives, so the Ministry of Finance suggested that the Ministry of Industry and Trade conduct a detailed review to identify the best timing and roadmap for changi
Việt Nam’s corporate sector exposed to rising financing costs in 2023

Việt Nam’s corporate sector exposed to rising financing costs in 2023

According to the report, Vietnamese companies have been relatively resilient during the pandemic.
Fear of cost escalation "hits" businesses

Fear of cost escalation "hits" businesses

VCN- As reflected by businesses to Government leaders, rising costs are hitting the speed of recovery and growth in the last months of the year.
Seafood enterprises cope with difficulties in the second half of the year

Seafood enterprises cope with difficulties in the second half of the year

VCN - Seafood exports in the first half of 2022 grew impressively, reaching nearly US$6 billion. However, businesses are concerned about the scarcity of raw materials and rising costs in the last months.
Golden opportunities for logistics industry after the pandemic

Golden opportunities for logistics industry after the pandemic

VCN - Vietnam's logistics industry has had many development opportunities, especially when the Covid-19 pandemic was brought under control. Strengthening support and improving the competitiveness of Vietnamese logistics enterprises is an important factor,
Profits of many businesses reduce because of increasing costs

Profits of many businesses reduce because of increasing costs

VCN - Despite positive growth in revenue thanks to the recovery of consumption markets after difficulties caused by the pandemic, the surge in input costs has caused many businesses to fall into negative growth, even losses in the first quarter of 2022.
New solutions to the problem of logistics costs of enterprises

New solutions to the problem of logistics costs of enterprises

VCN - Close cooperation with logistics businesses and shipping lines, and choosing the right route for import and export are solutions within reach of businesses to reduce logistics costs in the current context.
Why is it difficult to reduce the cost of import and export activities?

Why is it difficult to reduce the cost of import and export activities?

VCN - The Covid-19 pandemic, the conflict between Russia and Ukraine, and the increase in world oil prices make it difficult for enterprises to reduce the cost of import and export activities in recent years.
Reducing import and export costs for businesses needs the cooperation of ministries and agencies

Reducing import and export costs for businesses needs the cooperation of ministries and agencies

VCN - On April 6, at the seminar "Seeking solutions to reduce import-export costs for businesses" held by Customs News, experts said that to reduce costs, the cooperation of relevant ministries and agencies is needed.
Transport costs rise as fuel prices surge

Transport costs rise as fuel prices surge

The sharp rise in gasoline prices is pushing up transport costs and thus fares, bus operators said.
Overcoming obstacles to reduce logistics costs

Overcoming obstacles to reduce logistics costs

VCN - In 2010, the city's market share in container exploitation in the South accounted for 90%, but by 2020 it will only be 58%.
Concerns about reducing production costs at the end of the year

Concerns about reducing production costs at the end of the year

VCN -
Breaking the "monopoly" of road transportation

Breaking the "monopoly" of road transportation

VCN- During peak hours, it takes 5-6 hours to deliver the goods to the port and bring empty containers back to the company, which increases costs by about 15%.
Improving the Logistics Index through "leverage"policy

Improving the Logistics Index through "leverage"policy

VCN- In import-export activities, when many Free Trade Agreements (FTAs) have been signed, especially the new generation FTAs, the import-export tax will reach 0%.
A series of customs policies cut and reduce documents and costs for businesses

A series of customs policies cut and reduce documents and costs for businesses

VCN- Legal documents like Decree No. 46/2020/ND-CP and Decree No. 64/2020/ ND-CP internalise the international commitments, including new and breakthrough regulations in customs management.
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