The electronic handling of customs procedures, the centralized process of database at the General Department of Customs level; the application of special authorized economic operation mechanism on procedures according to the standards of the World Customs Organization; and the application of modern technical equipment in customs inspection and supervision, etc., have created changes in customs management, met the requirements of modern customs management and complied with international standards.
Lê Đình Tĩnh, deputy director of the Institute for Foreign Policy and Strategic Studies, talks to Thu Vân about Việt Nam’s current relations with the US and the experiences it can share with the DPRK.
Diplomats at the Việt Nam – Russia Conference organised by the Valdai Discussion Club yesterday (Feb 26) agreed to closely coordinate the Viet Nam Year in Russia and its counterpart activity in Viet Nam in 2019 and 2020, respectively.
The international public has placed high expectations on the positive results that President of the United States (US) Donald Trump and Kim Jong Un, Chairman of the Workers’ Party of Korea and Chairman of the State Affairs Commission of the Democratic People’s Republic of Korea (DPRK), can reach in their second high-level meeting in Hanoi. Meanwhile, both the US and the DPRK have broadcast optimistic signals about new steps in bilateral relations.
Different from every year, the Resolution on improving the business environment (Resolution 02/NQ-CP) was issued by the Government right from the beginning of 2019, bringing new expectations. There will be a new wind with many bright spots for the business community to have more development opportunities.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially entered into force for Vietnam on 14 January 2019. From a customs perspective, there are a number of noteworthy issues as follows:
Singapore, Feb 25 (ANI): Vietnam is India's fourth largest trading partner in Association of South East Asian Nations (ASEAN)- the first three being Singapore, Indonesia and Malaysia. The India-Vietnam trade has been consistently growing- clocking double-digit rates. It has grown almost 80 per cent over the last five years.
Detailed regulations for labeling products as ‘Made in Việt Nam’ are needed to create a legal framework preventing fraud as well as protecting local production and consumers.
The Ministry of Finance has asked the Government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which could reduce prices of locally assembled cars.
North Korea need not look far for lessons on how to modernize its dilapidated economy. Neighbors China and South Korea have both transformed from agrarian backwaters into global manufacturing powerhouses in the space of several decades.
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