Vietnamese firms operating in supporting industries have been developing in recent years, as products have partly met demand in the domestic market and for export.
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In order to facilitate customs clearance procedures for enterprises, the General Department of Customs (Ministry of Finance) has drafted a Circular stipulating customs procedures for imported goods serving urgent requirements for the prevention and control of the Covid-19 pandemic, submit documents in customs dossiers and conducting physical inspection of exported and imported goods in the context of the Covid-19 pandemic.
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Around the issue of solving difficulties and restoring production for the agricultural sector, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said the Ministry of Agriculture and Rural Development will work with ministries and branches to drastically implement the orientations and directions of the Government, ensuring enough agricultural products to supply the domestic market as well as the export target of US$44 billion for the year.
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FDI enterprises assessed that, despite being affected by Covid-19, in the long run, Vietnam is still a promising destination for foreign investors. If the Vietnamese Government both effectively fights the pandemic and strengthens circulation solutions to create favorable conditions for businesses, the attraction of FDI will be maintained.
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As of mid-September, basa harvesting is estimated at 932,000 tonnes, only 81.1 per cent of the same period last year.
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In order to open the economy and recover production and business, supporting policies (already and about to be issued) must be fully utilized, in order to create resilience and avoid wasting resources.
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Solving difficulties for sea transportMany shipping companies have reported that the low rate of issuance of road permits and pandemic prevention regulations in some localities are affecting the delivery process, increasing the risk of inventory piling up at the port. Therefore, shipping enterprises propose to have an open mechanism for maritime activities. At the same time giving priority to vaccination to effectively maintain the supply chain of goods.
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Although it has somewhat subsided in 2021, the development of trade remedy lawsuits in the following years is considered unpredictable, especially as Vietnam's economy is increasingly integrated into the world economy.
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The foreign business community of Vietnam said that it is still optimistic and believes in the strength and resilience of the Vietnamese economy. Therefore, despite the difficulties coming from the pandemic, many foreign enterprises have increased their production and business expansion.
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Due to the long-term suspension of production, inventory of production materials and the existence of ports, many foreign direct investment enterprises (FDI) want to be supported by Customs to re-export raw materials.
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