Foreign passengers buy goods worth about VND120 billion per month when exiting the country

Foreign passengers buy goods worth about VND120 billion per month when exiting the country

VCN - In the first five months of the year, HCM City Customs Department has implemented tax refund for goods worth over VND 40 billion carried by more than 7,200 foreign passengers when exiting the country.
Exporting fruit to the United States still faces many challenges

Exporting fruit to the United States still faces many challenges

VCN - The US market still has much room for Vietnamese fruits to expand and develop. This is a huge fruit consumption market with diverse needs, increasingly focusing on healthy vegetables and organic foods, especially out-of-season fruits and tropical fr
Lang Son Customs prevents fraud in declaration

Lang Son Customs prevents fraud in declaration

VCN - The situation of businesses and customs declarants making false declarations about goods names, quantities, types, commodity codes and importing goods that do not meet the conditions... through border gates in the area Lang Son province is increasi
Preliminary assessment of Vietnam international merchandise trade performance in the second half of April, 2024

Preliminary assessment of Vietnam international merchandise trade performance in the second half of April, 2024

The Vietnam Customs Statistics announced that in the second half of April, 2024 the total Vietnam’s exports of US dollars 15.91 billion and imports of nearly US dollars 13.70 billion resulted in a trade surplus of US dollars 2.22 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of April was over US dollars 29.61 billion, down by 4.9% as compared to the first half of April-2024. Furthermore, in the first 4 months of 2024, Vietnam was in trade surplus of USD 9.02 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of April, 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first half of April, 2024

The Vietnam Customs Statistics announced that in the first half (01-15/4/2024) of April-2024, Vietnam’s total exports of US dollars 15.03 billion and imports of US dollars 16.1 billion resulted in a trade deficit of US dollars 1.08 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of April was US dollars 31.13 billion, went down by 4.8% as compared to the second half of March-2024.
Export enterprises are willing to spend more on "green practices" for responding to the market

Export enterprises are willing to spend more on "green practices" for responding to the market

VCN - On average, export enterprises spend 1.4% of total operating costs implementing green practices compared to 1% or less for non-exporting ones.
Drastically combat gold smuggling

Drastically combat gold smuggling

VCN - The Minister requires to focus on fighting cases of smuggling and illegal transportation of gold and foreign currency; strictly handle violations as per the provisions of law, especially the gold smuggling across the border.
Fighting smuggling on the Southwest border has no end in sight

Fighting smuggling on the Southwest border has no end in sight

VCN - According to the assessment of the competent forces, smuggling activities and illegal transportation of goods across the Southwest border, although not creating hot spots, tend to develop in a complicated manner.
Looking for owners of more than 30 tons of goods imported by air

Looking for owners of more than 30 tons of goods imported by air

VCN - More than 30 tons of all kinds of goods imported by air from 2023, but so far the owners have not visit the Customs to do customs procedures.
More than 220000 declarations processed by Hai Phong Customs in April

More than 220000 declarations processed by Hai Phong Customs in April

VCN - The number of declarations processed at Hai Phong Customs increased compared to the same period last year and last month.
Proposal to continue reducing VAT by 2% in the last  6 months of 2024

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

VCN - Under the authorization of the Prime Minister, Minister of Finance Ho Duc Phoc has just submitted Report No. 177/TTr-CP to the National Assembly on the results of implementing the 2% VAT reduction according to Resolution No. 110/2023/QH15 November 2
Closely monitoring market fluctuations to consider appropriate time to adjust prices

Closely monitoring market fluctuations to consider appropriate time to adjust prices

VCN - According to a report from the Ministry of Finance, in the second quarter and the remaining months of 2024, price management and administration need to ensure good control of inflation and continue to remove difficulties for production and business.
Take advantage of e-commerce leverage for export

Take advantage of e-commerce leverage for export

VCN - Exporting via e-commerce is gradually becoming popular and becoming a trend that many businesses are interested in.
Dong Thap Customs: Proactively guide procedures, reduce customs clearance time for imported and exported goods

Dong Thap Customs: Proactively guide procedures, reduce customs clearance time for imported and exported goods

VCN - One of the key tasks that Dong Thap Customs Department has focused on in recent times is the work of guiding and answering timely procedures for businesses, in which the Professional Department - Dong Thap Customs Department has proactively responde
Cashew nut exports is estimated at US$ 782 million in the first quarter

Cashew nut exports is estimated at US$ 782 million in the first quarter

VCN - In the first quarter of 2024, Vietnam's cashew exports reached about 147 thousand tons, with the turnover of US$782 million, up 31.8% in volume and 20.5% in value compared to the same period in 2023.
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