Want to be in the loop?
subscribe to
our notification
Business News
AUTOMATED CUSTOMS MANAGEMENT SYSTEM TO GO NATIONWIDE
In 2018, the customs sector will deploy the automatic customs management system across the country, especially at important import-export hubs like seaports, international airports and inland ports.
The General Department of Vietnam Customs is actively working with local customs agencies and its affiliated units to prepare conditions for the expansion of this modern customs management system.
“After a circular on amendment and supplement to Circular 38/2015/TT-BTC is issued and becomes effective, which includes regulations on application of the automated customs management system, the deployment will be quick and resolute nationwide, to facilitate export and import and enhance State customs management.”
Currently, the automated customs management system has been deployed in four local customs departments, including Hai Phong, Hanoi, Ho Chi Minh City and Ba Ria-Vung Tau.
The Hai Phong Customs Department is the first in the industry to apply the system city-wide, which is called Vietnam Automated System for Seaport Customs Management (VASSCM).
According to latest information from the Department of Customs Information and Statistics, after over four months of deployment in Hai Phong City from August 15, 2017 to early 2018, VASSCM managed and supervised over 1.7 million containers carrying imported and exported goods, of which 906,657 containers arrived and 838,341 containers departed. Cargo parcels, bulk cargo and liquid cargo are also managed and monitored by the system.
The automated customs management system was deployed in three warehouse depots in Hanoi, with businesses in Ho Chi Minh City and two companies in Ba Ria - Vung Tau province.
Source: VCCI
Related News
![Card image cap](/uploads/Logo/Cathay%20%281%29.jpg)
EXPLORE HONG KONG WITH A COMPANION
From now until 19 August 2024, you can enjoy our exclusive Fly 2 Hong Kong offer on round-trip Economy flights from USD364^ for 2 persons, sponsored by Hong Kong International Airport. Bring along a travel buddy and experience together the excitement and charm of our vibrant home city.
![Card image cap](/uploads/news/Factory%201.jpg)
BUSINESSES INCREASE WISHES FOR SPECIALISED INDUSTRIAL PARKS
Data centres, industrial parks (IPs) reserved for high-tech production, and parks serving Chinese, the United States, Taiwanese, or Japanese investors are gradually being formed to welcome new funding waves, according to Truong An Duong, general manager of North Vietnam and Residential at Frasers Property Vietnam.
![Card image cap](/uploads/news/economic.jpg)
VIETNAM’S H1 ECONOMIC GROWTH QUITE IMPRESSIVE: ADB COUNTRY DIRECTOR
Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4 per cent in the first half of this year. The growth was mainly driven by strong trade recovery, where export grew by 14.5 per cent and import by 17 per cent over last year, he told the Vietnam News Agency. However, he said, the domestic segment remained sluggish.
![Card image cap](/uploads/news/Infrastructure13.jpg)
REAL ESTATE FIRMS AGGRESSIVELY RESTRUCTURING BOND DEBT
From the start of 2024 to July 5, the market saw 133 private placements and ten bond public offerings, totalling over VNĐ140 trillion. 65.6 per cent of this value was from the banking sector, while real estate bonds accounted for only 24.6 per cent, or over VNĐ34.5 trillion.
![Card image cap](/uploads/news/Eco2.jpg)
GOV’T UNVEILS ACTION PLAN TO ACCELERATE INDUSTRIALISATION
Vietnam aspires to become among the top three industrial powerhouses in ASEAN, with the industrial sector contributing over 40 per cent to GDP. The manufacturing and processing sector is expected to account for around 30 per cent of GDP, with a strong emphasis on high-tech products aiming for over 45 per cent of the sector's value. To further drive the economy, the service sector is projected to contribute over 50 per cent to GDP, with tourism alone generating 14-15 per cent.
![Card image cap](/uploads/news/Industrial%20Zone.jpg)
VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025
By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).