Review, perfect regulations on decentralization of public property management

Wed, 22 Mar 2023 16:11:00

The Ministry of Finance has sent an official letter to ministries, central and local agencies on improving legal documents under the power for promulgation of ministries, central and local agencies on the management and use of public property.

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Hai Phong Customs seizes 7 tons of smuggled ivory

Wed, 22 Mar 2023 16:11:00

The Customs force of the northern city of Hai Phong seized the largest amount of ivory ever at Hai Phong port on March 20. The infringing goods is estimated at seven tons.

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Vietnam – fourth biggest rubber supplier of RoK

Wed, 22 Mar 2023 16:11:00

Vietnam was the Republic of Korea (RoK)’s fourth largest supplier of rubber in the first two months of 2023, according to the Import-Export Department under the Ministry of Industry and Trade.

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Dragon fruit export turnover reaches 47 million USD

Wed, 22 Mar 2023 16:11:00

The Ministry of Agriculture and Rural Development has announced that the country's total export value of dragon fruit so far this year topped 47 million USD, a fall of 48.7% compared to the same period las year.

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Export of wood pellets under downward pressure

Wed, 22 Mar 2023 16:11:00

Currently, the export price of wood pallets is decreasing, and the price of input materials has also decreased but is still at a high level. Bank interest rates are at a high level. Factories that have been or are in the process of being completed but have to use bank loans are currently under tremendous pressure.

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Increasing export volume thanks to cross-border e-commerce

Wed, 22 Mar 2023 16:11:00

The Government's project "Promoting Vietnamese enterprises to participate in foreign distribution networks by 2030 directly" has set a requirement to encourage Vietnamese enterprises to strongly participate in the production, supply chain, and distribution of goods globally in which through supporting businesses to build capacity to participate in cross-border e-commerce.

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Egypt customs officers thwart attempts to smuggle antiques, gold bars

Wed, 22 Mar 2023 16:11:00

Customs officers at Borg El-Arab International Airport in Alexandria thwarted an attempt to smuggle 13 antique metal pieces into Egypt dating back to the Greco-Roman era (332 BC–395 AD), hidden in the baggage of a Libyan passenger arriving from Benghazi.

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Asset quality is crucial for bank stocks

Wed, 22 Mar 2023 15:59:00

The increase in asset quality is increasingly significant to the success of Vietnam commercial banks' share prices.

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Careful consideration of special consumption tax on sugary drinks urged

Wed, 22 Mar 2023 15:59:00

Nguyễn Quốc Việt, Deputy Director of the Việt Nam Institute for Economic and Policy Research, said production and business remain difficult.

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Clarity necessary on legal procedures for businesses

Wed, 22 Mar 2023 15:59:00

There is an urgent need to clarify the decisions made recently by the Government on exemption and reduction of taxes, fees, and land use levies to help production and business enterprises to recover.

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Promoting the signing of mutual recognition agreement on AEO

Wed, 22 Mar 2023 15:59:00

The General Department of Vietnam Customs (GDVC) has signed the mutual recognition agreement on Authorized Economic Operator (AEO) with customs administrations of the Association of Southeast Asian Nations (ASEAN), including Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

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Customs sector launches performance indicators

Wed, 22 Mar 2023 15:59:00

To implement Decision No. 766/QD-TTg approving performance indicators for directing and assessing the service quality to people and businesses in electronically implementing administrative procedures and public services in real-time, the General Department of Vietnam Customs (GDVC) has requested units to perform thereby clearly defining the tasks.

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Reform the tax debt management process

Wed, 22 Mar 2023 15:59:00

On March 16, the General Department of Vietnam Customs (GDVC) held an online conference on disseminating and training the process of tax debt management for units in the entire Customs sector to understand and agree on guidelines.

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Ho Chi Minh City Customs: Quick handling of backlogged goods at seaports

Wed, 22 Mar 2023 15:59:00

Hundreds of containers of scrap and backlogged goods at Ho Chi Minh City's seaport are being handled by border-gate customs branches, in collaboration with functional departments of Ho Chi Minh City Customs Department to speed up processing.

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Mr. Hoang Van Thu appointed as Vice Chairman of Securities Commission

Wed, 22 Mar 2023 15:59:00

On the afternoon of March 20, 2023, the State Securities Commission (SSC) held a ceremony at the headquarters, to announce the decision of the Minister of Finance to appoint Mr Hoang Van Thu Deputy Director of the Department of Corporate Finance (Ministry of Finance) as the SCC’s Vice Chairman. Mr Nguyen Duc Chi, Member of the Party Committee, Deputy Minister of Finance attended and chaired the ceremony.

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Loan interest decreased due to lower deposit interest rates

Wed, 22 Mar 2023 15:59:00

Since March 6, banks have agreed to reduce deposit interest rates with a reduction of 0.2-0.5% per year compared to the interest rates of each bank from February 27, 2023 for the term group from 6 to 12 months.

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Silicon Valley Bank collapse not to impact VN: VinaCapital

Wed, 22 Mar 2023 15:59:00

The Silicon Valley Bank collapse by itself will end up being neutral for Vietnam's stock market and economy, Michael Kokalari, chief economist at investment fund VinaCapital, has said in a report.

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Preparing human resources for export via the electronic platform

Wed, 22 Mar 2023 15:59:00

Mr. Vu Ba Phu, Director of the Trade Promotion Department (Ministry of Industry and Trade), said that businesses need to be proactive in their resources when promoting exports with foreign partners on e-commerce platforms.

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