Which factors caused a reduction of Da Nang Customs’ revenues?

Which factors caused a reduction of Da Nang Customs’ revenues?

Da Nang Customs Department has collected VND1,582.8 billion, achieving 45.2% of assigned target (VND 3,500 billion), a decline of 8.86% comparing to the same period 2023 (VND 1,736.8 billion).
Firmly open the economy

Firmly open the economy

Entering 2022, import and export of goods are forecasted to continue to have high growth opportunities, making an important contribution to economic recovery
Vietnam continues to be favorable location for the convergence of supply chains

Vietnam continues to be favorable location for the convergence of supply chains

VCN - Speaking to Customs News, Tran Thanh Hai, Deputy Director of the Import-Export Department (Ministry of Industry and Trade) said that Vietnam is a favorable location for the convergence of supply chains. In the future, if the Government issues docume
Not taking all advantage of opportunities from FTAs

Not taking all advantage of opportunities from FTAs

VCN - The signing and implementation of Free Trade Agreements (FTAs) have brought many positive effects in market expansion and increasing goods export turnover to Vietnam.
Risk of fraud in storing import-export and transit goods with domestic goods

Risk of fraud in storing import-export and transit goods with domestic goods

VCN- The storage of goods does not meet the requirements of customs management, inspection and supervision as prescribed by law, leading to the abuse of this storage for fraud, smuggling of goods to the inland and law violations.
Two ministries managing the same items so are jujube, white chrysanthemum, chrysanthemum indicum herb ingredients or food?

Two ministries managing the same items so are jujube, white chrysanthemum, chrysanthemum indicum herb ingredients or food?

Items such as lo han kuo, jujube and white chrysanthemum if imported to produce herb ingredients are subject to the management of the Ministry of Health
Corona Prevention: Minister of Finance requests strict control of border areas

Corona Prevention: Minister of Finance requests strict control of border areas

The Minister of Finance has issued Directive 01/CT-BTC on strengthening prevention and control of acute respiratory infections caused by 2019 novel coronavirus (2019-nCov).
Discover 28 elephant tails in a shipment of pangolin scales smuggling in Hai Phong

Discover 28 elephant tails in a shipment of pangolin scales smuggling in Hai Phong

Hai Phong Customs Department and Hai Phong Police is continuing to coordinate for verification and investigation.
Better import-export control needed to shelter Vietnam from trade war: seminar

Better import-export control needed to shelter Vietnam from trade war: seminar

Authorities should closely monitor the import and export of goods including goods origin to prevent customs declaration fraud
Import-export firms fear possible rise in terminal handling charge

Import-export firms fear possible rise in terminal handling charge

Import-export businesses in Vietnam are worrying about a possible increase in terminal handling charges by shipping lines, which would decrease their competitiveness.
How to manage cargoes in private customs area?

How to manage cargoes in private customs area?

From 1/1/2018, the foreign trade management Law is valid. One of the notable articles is related to cargo management in private customs area.
Custom’s import-export statistics - 400 billion USD - Vietnam

Custom’s import-export statistics - 400 billion USD - Vietnam's new milestone.

VCN- Mid-December this year, our country witnessed a record, a new milestone for the economy when the import-export turnover reached 400 billion USD. This number represents the increasingly important role of international economic integration in Vietnam.
Innovative specialized inspection of import-export goods: Looking forward to many ministries like the Ministry of Science and Technology

Innovative specialized inspection of import-export goods: Looking forward to many ministries like the Ministry of Science and Technology

VCN- After a series of inspections of ministries and sectors over the past time by the Prime Minister's Working Group, the Ministry of Science and Technology is the most appreciated by the solutions to conduct specialized inspection for export goods. Mini
Customs sector achieve 50% budget collection in 6 months

Customs sector achieve 50% budget collection in 6 months

According to the statistic of General Department of Customs, till the end of June 2017, the budget collection of whole sector is estimated to achieve 141 billion vnd
Customs duty policy in Vietnam are flexible

Customs duty policy in Vietnam are flexible

General Department of Customs said that, the policies of Vietnam Customs duty are very flexible and facilitate to import enterprises as well as suit with international practices.
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