Want to be in the loop?
subscribe to
our notification
Business News
CUSTOMS CLEARANCE FOR HCMC IMPORTERS ALLOWED AT ICDS
Importers of goods subject to customs procedures at the port of entry have been given the green light to complete their customs clearance at inland container depots (ICD) of Phuoc Long Port Co Ltd, according to the latest dispatch of the General Department of Vietnam Customs.
The department said local enterprises that have goods under Article 1 of Decision No.15/2017/QD-TTg of the Prime Minister on the list of imported goods required to follow customs procedures at the port of entry is now allowed to transport their products from border gates to destination ports stated on bills of lading in order to go through customs if the port is a seaport or airport.
Importers are also allowed to do the same if their goods have destination ports to be inland waterway ports, and inland container depots of Phuoc Long.
The dispatch’s detailed instruction is expected to help reduce the amount of goods which has been congested at ports since early this month.
This problem occurred when customs officers at Cai Mep, Cat Lai and Hiep Phuoc ports cited Decision No.15 and the department’s Official Letter No.4284 as a reason to disallow importers to transfer their goods to ICDs.
The situation has had adverse effects on local firms. Notably, this regulation is not in line with other legal regulations and international practices.
Therefore, the HCMC Department of Customs sent two official letters to the General Department of Customs asking for a way out.
Phuoc Long’s ICDs such as Phuoc Long I, Phuoc Long III, Transimex, Tanamexco, Phuc Long and Sotrans which are under the supervision of the Saigon Port Border Customs Sub-department Region IV have been permitted to carry out customs procedures so far.
Source: The Saigon Times
Related News
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.






















