NEW DEVELOPMENTS IN MANAGEMENT OF IMPORT-EXPORT ACTIVITIES
A draft decree detailing a number of articles of the Foreign Trade Management Law is currently being submitted to the Government of Vietnam, to replace Decree 187/2013/ND-CP. The draft decree will be applied in early 2019 with many new features that will directly affect the import and export of goods.
TOP REVENUES NOT EASING JV PORT WOES
While recording high revenue growth in the first quarter of 2018, seaport joint ventures between Vietnam’s state-owned shipping giant Vinalines and its foreign partners are facing tremendous hitches as they try to keep their progress sustainable.
NEW DECREE EXPECTED TO HALT TEMPORARY IMPORT VIOLATIONS
Goods temporarily imported for re-export can be kept in Việt Nam for no more than 60 days from the date of completion of customs formalities, according to a new Governmental decree.
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.
NAM ĐÌNH VŨ DEEP-WATER PORT BEGINS OPERATIONS
Singapore’s Gemadept and Sao Đỏ Group put Nam Đình Vũ Port’s first stage into operation in Nam Đình Vũ Industrial Park on May 7. The port is located in the northern city of Hải Phòng.
LOGISTICS SECTOR STRUGGLING TO MEET DEMANDS OF E-COMMERCE
The e-commerce sector in Việt Nam has seen remarkable growth in recent years, but a lack of uniformity in delivery and payment methods may lead to many businesses missing opportunities.
HCM CITY PLANS INFRASTRUCTURE PROJECTS IN 2018
Relocating households living near canals, renovating old apartments and developing transport infrastructure are among major projects the HCM City aims to carry out in 2018, according to the city’s authorities.
BANGKOK AIRWAYS TO LAUNCH FIRST HANOI-CHIANG MAI DIRECT FLIGHT
On March 25, Bangkok Airways Public Company Limited (Bangkok Airways) scheduled to open the first direct flight from Hanoi to Chiang Mai as part of the airline’s business strategy to offer in-flight experiences to passengers and to meet the increasing demand for traveling to Hanoi and Chiang Mai.
