When cross-border e-commerce develops, state management agencies face issues such as the need forlegal mechanisms in line with the development trend to ensure the management and facilitation to trade transactions that are commonworldwide.
Currently, the Ministry of Industry and Trade is one of the ministries with the most administrative procedures that must be connected to the National Single Window, thus, it is accelerating the connection in 2019.
Economic and trade relations between Việt Nam and China have been developing in a positive direction, as shown by the continuous increase of bilateral trade turnover between the two countries. Việt Nam is fast becoming an attractive investment destination for Chinese enterprises.
Following the relevant customs procedures when importing or exporting goods from Vietnam is one of the most vital aspects of doing business in a country where manufacturing costs are leveraged to its favor.
In 2017, the Việt Nam Fatherland Front, the Government Inspectorate, the Ministry of Labor, Invalids and Social Affairs and the Việt Nam Social Insurance jointly conducted a supervisory mission on the implementation of the Social Insurance Law in five random provinces and cities nationwide. During their mission, they detected a total of VNĐ28 billion (US$) in social insurance had not been paid by these provinces.
The Czech Republic-Việt Nam Business Forum was held in Prague yesterday within the framework of Prime Minister Nguyễn Xuân Phúc’s ongoing visit to the European country, drawing representatives of more than 100 enterprises and investors of both sides.
Vietnam’s exports to a number of countries have increased strongly in the first months of this year thanks to the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), despite the sluggishness in the global trade.
Once an investor has set up their trading company within Vietnam, it is important that their workers gain a strong understanding of the country’s import and export regulations and procedures.
Prime Minister Nguyen Xuan Phuc has expressed his desire for stronger cooperation between Vietnam and Romania in oil and gas, agriculture and food processing.
Vietnam and the Netherlands have issued a joint statement on the official visit to Vietnam by Dutch Prime Minister Mark Rutte on April 9 at the invitation of Prime Minister Nguyen Xuan Phuc.
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