VIETNAM TRADE LOOKS FORWARD TO BETTER RESULTS WITH MORE ACTIVE ACTIONS. From the good news of the GSO, we see a lid of light from several efforts from governmental agencies and local enterprises….
VIETNAM TRADERS FINDING OPPORTUNITIES OVER THE HARD TIME 2022 just passed by, take this opportunity, we – Voltrans Logistics would take a look at what Vietnam trade has achieved. From the Ministry of…
VIETNAM’S TRADE STANDS STRONG IN THE WORLD SUPPLY CHAIN In the context of the world getting downturn, Vietnam is reaching the estimated amount of over 700 billion USD in trade (import and export)…
CAI MEP DEEP WATER CHANNEL WELCOMES HIGH DRAFT VESSELS On 7th Aug, TCTT welcomed vessel – Cosco Shipping Rose of the COSCO/OOCL joined operating service – AWE6 connecting Cai Mep, Vietnam with US…
To the recent report made by the Vietnam Association of Seafood Exporters and Producers (VASEP), by the end of the first half of this year, Vietnam’s seafood exports are estimated at nearly $5.8…
Being the top in Asia countries exporting to US, Vietnam hits the highest record for export to US market in the first nine month of 2019.
This year, it would continue to create favorable conditions for businesses, especially by reducing customs clearance time by 50 per cent. Now it takes 70 hours to clear export goods and 90 hours for imports. To achieve its target, the department would continue with administrative reform, improving e-government services such as Vietnam Automated Cargo and Port Consolidated System/Vietnam Customs Information System and facilities such as online tax payment through banks and the Treasury for customs clearance.
Vietnamese enterprises can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market while 2018 brings newer and bigger free trade agreements (FTAs). As from MoIT information, from 2018 onward, 85 per cent of Vietnamese exports will be subject to significantly lowered tariff levels of zero to 5 per cent.
The Vietnamese Government issued 10 Decrees on the special preferential import tariff schedules in order to implement free trade agreements coming into force from January 01, 2018. Specifically: