Vietnam is aiming to raise the contribution of the digital economy to 20% of GDP by 2025 and 30% of GDP by 2030. Such targets are rather challenging given Vietnam’s low starting point, but they are not unattainable.
The Vietnamese port industry needs further investment to keep pace with the country’s rapid economic growth and reduce logistic costs for businesses.
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When enterprises participate in the scheme on trade facilitation in customs procedures for logistics activities and preventing congestion of import and export goods at Cat Lai Port deployed by Ho Chi Minh City Customs Department, the costs for loading, unloading and storage of import and export goods will reduce by betweenVND700,000 andVND1 million per container.
As the host country of the 13th ASEM Customs Directors General and Commissioners Meeting on October 9th-10th in Ha Long city, Quang Ninh, Vietnam Customs has worked to promote cooperation on issues in ASEM.
The steel industry is facing lawsuits against tax evasion and dumping, according to information from the Vietnam Steel Association.
Global trade now imposes new challenges. According to Mr. Ernesto Bianchi, the head of the Investigation Department at the European Anti-Fraud Office (OLAF), besides cooperation to solve challenges, environmental protection is a particular concern of countriesin Asia and Europe.
The Vietnam’s GDP rose by 7.31% in the third quarter of this year, contributing to raising the nine-month GDP to the highest level over the past nine years,...
After a period of supporting electronic and mechanical engineering businesses to improve connectivity to the global supply chain, the Government Office,...
There are growing fears that the US–China trade war will spread to Vietnam. A logical way to approach the issue would be to start...
In a recent Senate Finance Committee report, U.S. Trade Czar Robert Lighthizer opined that VN must take action to curb its growing trade surplus with the U.S.
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