Applying customs intelligence and IT to prevent abusing of the "green channel" for smuggling

Applying customs intelligence and IT to prevent abusing of the "green channel" for smuggling

VCN - At the questioning session of National Assembly deputies on March 18, 2024, the Minister of Finance said that the Customs sector has applied science and technology in goods classification, used camera systems, Customs intelligence, data analysis to
Customs industry provides 10 solutions for anti-revenue loss from beginning of the year

Customs industry provides 10 solutions for anti-revenue loss from beginning of the year

VCN - The General Department of Vietnam Customs (GDVC) requests all customs subordinate units to implement solutions to achieve revenue target.
Hanoi Customs plans to raise revenue in 2024

Hanoi Customs plans to raise revenue in 2024

VCN - In 2023, Hanoi Customs Department expected to collected VND29,980 billion, reaching 90% of the assigned estimate. This result reflects the reality of the difficult situation in import and export over the past year. Entering 2024, Hanoi Customs Depar
Green solutions for a sustainable economy

Green solutions for a sustainable economy

VCN - Circular economy is an economic model that aims to effectively use and save resources and recycle waste, contributing to both environmental protection and economic efficiency. Developing a circular economy is a key solution to innovate the model, im
Mong Cai Customs contributes to improving the efficiency of customs clearance of exported agricultural products

Mong Cai Customs contributes to improving the efficiency of customs clearance of exported agricultural products

VCN - If in the same period of 2022, import-export activities of goods through Mong Cai City were stagnant and disrupted due to the Covid-19 epidemic, then from the beginning of 2023 there will be significant growth. Contributing to this important result
Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits

Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits

VCN - According to the program of the 6th Session, Minister of Finance Ho Duc Phoc, authorized by the Prime Minister, presented a Proposal on reducing value added tax (VAT), with a proposal to continue implementing this policy in the first half of 2024.
Financial policy positively impacts every corner of the economy

Financial policy positively impacts every corner of the economy

VCN - Dr. Le Duy Binh, CEO of Economica Vietnam, discussed with Customs Magazine the impact of financial policies to support businesses and people implemented from the beginning of the year until now.
Water transport - an effective solution to reduce logistics costs

Water transport - an effective solution to reduce logistics costs

VCN - To reduce logistics costs, the Government directs investment in the development of logistics centers and inland ports to promote multimodal transport, continues to review and adjust policies related to prices and shipping charges.
Lang Son offers measures to improve cargo clearance capacity

Lang Son offers measures to improve cargo clearance capacity

VCN - To further improve the clearance capacity through border gates in Lang Son province, especially at Huu Nghi international border gate and Tan Thanh border gate, Lang Son province has required departments, agencies and authorities to continue foreign
Need a solution to open up the bad debt trading market

Need a solution to open up the bad debt trading market

VCN - According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%, compared to 2% at the end of 2022 and nearly doubled by the end of 2021. Experts forec
The more delayed the investment disbursement is, the more accumulated the capital expenditure will be

The more delayed the investment disbursement is, the more accumulated the capital expenditure will be

VCN - According to Dr Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM), amid the downtrend of many of Vietnam's economic growth drivers, public investment is still expected to be the main driver for economic growth
Tax revenue estimated at more than VND165,000 billion in first month

Tax revenue estimated at more than VND165,000 billion in first month

VCN - In the first month of 2023, the tax agency estimates to collect VND165,700 billion, reaching 12.1% of assigned target and exceeding 4.4% year-on-year, reported the General Department of Taxation.
Synchronous solutions in energy conversion

Synchronous solutions in energy conversion

VCN - According to Mr. Hoang Tien Dung, Director of the Department of Electricity and Renewable Energy (Ministry of Industry and Trade), Vietnam is taking the first steps in the transition from traditional energy to green and cleaner renewable energy. The
Tax sector collects more than VND775 trillion in six months

Tax sector collects more than VND775 trillion in six months

VCN - The General Department of Taxation held a conference on the afternoon of June 30 to review the work of the first six months of the year and offer solutions to implement tax tasks in the last six months of 2022. Deputy Minister of Finance Vu Thi Mai chaired the conference.
Solutions for sustainable development in the stock market

Solutions for sustainable development in the stock market

VCN - The recent growth and plunge of the stock market has shown uncertainties and challenges for the sustainable development of the market. To eliminate these problems, experts have offered many solutions to improve the transparency and publicity of the
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