Vietnam Customs in charge of various APEC events this year
The General Department of Vietnam Customs (Vietnam Customs) plans to organise many activities within the framework of the APEC Committee on Trade and Investment (CTI) in 2017.
Hanoi (VNA) – The General Department ofVietnam Customs (Vietnam Customs) plans to organise many activities within theframework of the APEC Committee on Trade and Investment (CTI) in 2017.
It will host the first meeting of the APECSub-Committee on Customs Procedures (SCCP) on the sidelines of the first seniorofficials’ meeting (SOM) and the second SCCP meeting on the fringe of SOM3 andrelevant activities, respectively held in Nha Trang city from February 20-23and Ho Chi Minh City from August 15-28.
Vietnam Customs will also hold a conferencebetween the customs sector and enterprises and co-chair a meeting of the ExpertGroup on Illegal Logging and Associated Trade, a meeting of the APEC Alliancefor Supply Chain Connectivity, and workshops on the single-window system andtrade facilitation.
APEC Vietnam 2017, themed “Creating NewDynamism, Fostering a Shared Future”, aims to promote sustainable, creative andinclusive growth, strengthen economic connectivity and regional integration,while facilitating micro-, small- and medium-sized enterprises through enhancingtheir innovation and engagement in global value chains.
The CTI-selected priorities for the APEC yearinclude ensuring trade security in supply chain connections, which stresses tacklingsmuggling, trade fraud and counterfeits. Another priority is trade facilitationthrough completing the single-window system.
Established in 1989, the Asia-Pacific EconomicCooperation (APEC) comprises 21 economies, including Australia, Brunei, Canada,Chile, China, Hong Kong, Indonesia, Japan, the Republic of Korea, Malaysia,Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia,Singapore, Taiwan, Thailand, the US and Vietnam.
2017 is the second time Vietnam has hosted APECactivities after 2006.-VNA
Peru has officially handed over the chair of the Asia-Pacific Economic Cooperation (APEC) for 2017 to Vietnam at the Informal Senior Official Meeting (ISOM) among APEC members in Hanoi on December 9.
APEC Year 2017 is among focuses of Vietnam’s external activities in the context of intensive and extensive international integration, stated Deputy Foreign Minister Bui Thanh Son on December 9 while chairing the first press conference of Vietnam on the event.
Member ministries, sectors and localities of the National Committee for APEC 2017 were urged to enhance coordination and information sharing to ensure the success of the APEC Year in Vietnam in 2017.
The Vietnam Chamber of Commerce and Industry (VCCI) will hold a series of activities during the Year of Asia-Pacific Economic Cooperation (APEC) 2017 hosted by Vietnam, heard a press conference in Hanoi on January 12.
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
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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.
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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.
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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.