Business News

As a global provider of logistics services, UPS sees these agreements as providing a great deal more latitude for their customers to expand their key imports, as well as helping to simplify processes while encouraging more long-term investment and strategic business partnerships.

Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.

Accordingly, in Article 5, Circular 38/2018/TT-BTC of the Ministry of Finance dated April 20, 2018, stipulating determining origin of import – export goods (amending and supplementing Circular 62/2019/TT-BTC) regulating customs declarants declaring reference number and issuance date of C/O on customs declaration.

A workshop was held in the southern province of Ba Ria – Vung Tau on June 18 to seek ways to develop seaports and logistics services, which are important components of the local economy.

The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will promote export-import activities, thus bringing direct benefits to the country's logistics industry, experts have said.

Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of US$4.3 billion in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.

Hồ Liên Nam, head of the port’s sales department told Vietnam News Agency that to expand production and business, the port has opened many new transport service routes, including a route from Quy Nhơn port to Northeast Asia, connecting central Việt Nam with South Korea, Japan and China.

Although coming three months later than the required by the government, the authorities are still determined to kick off the construction of Long Thanh International Airport in the first quarter of 2021. This information was mentioned in the government’s recent report to the National Assembly.