Automatic customs management system applied at Cai Lan Port
The Customs Department of the northern province of Quang Ninh officially debuted its automatic customs monitoring and management system at Cai Lan seaport on August 10.
Quang Ninh (VNA) – TheCustoms Department of the northern province of Quang Ninh officially debuted itsautomatic customs monitoring and management system at Cai Lan seaport on August10.
Having operated a trial run nearly one month,the system has so-far handled customs procedures for more than 5,000 import andexport containers and over 450,000 tonnes of cargo transported via Cai LanPort.
The system is reported to have brought practicaleffects to importers and exporters, the port operators, shipping companies, andthe customs agency.
In particular, it has helped to reduce paperwork,the time needed for customs clearance and goods storage at the port, andexpenses for importers and exporters. It has also improved the efficiency ofcompanies’ operations and the customs agency’s management.
The application of this automatic system is amove towards modernising customs management and facilitating trading activitiesin Quang Ninh.
The provincial Customs Department also pledgedto implement similar systems in the remaining ports and import-export goodsstorage facilities in the province during the third quarter of 2018.
It reported that in 2017, the value of goods importedand exported through local seaports was 5.45 billion USD. The provincial seaportsalso collected 10.3 trillion VND (442.8 million USD) for the State budget.
In the first seven months of the year, seaport tradeturnover in Quang Ninh reached 3.34 billion USD, up 8.2 percent from the sameperiod of 2017. More than 5.8 trillion VND (249.3 million USD) was alsocollected by the seaports for the State budget, accounting for 92 percent ofQuang Ninh’s total budget revenue.–VNA
The Customs Department in the northern port city of Hai Phong will install more cameras to increase the supervision of customs activities and prevent violations by customs officials.
The Ho Chi Minh City Department of Customs held a dialogue with over 150 businesses from the Republic of Korea (RoK) on July 10 with a view to facilitating customs clearance at local ports of entry.
Prime Minister Nguyen Xuan Phuc has asked the Ministry of Finance to submit a draft action plan on the promotion of ASEAN Single Window (ASW), National Single Window (NSW), and trade facilitation by the end of August, and a draft decree on the work by the end of September this year.
The Finance Ministry held a teleconference in Hanoi on July 24 to discuss developing national and ASEAN one-stop shop mechanisms and trade facilitation.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.