Simplifying specialised inspections of exports and imports was a dominant discussion topic during a seminar in Hanoi on August 17, which aimed to simplify administrative procedures in customs.
Simplifying specialised inspections of exports and imports was a dominant discussion topic during a seminar in Hanoi on August 17, which aimed to simplify administrative procedures in customs.
The move was intended to realise the government’s resolution on improving the business climate and national competitiveness.
According to the General Department of Vietnam Customs (GDVC), legal regulations involving specialised inspections are insufficient and fall short of international standards. Currently, there are 259 legal documents specifying quality management, including 19 laws and decrees, 54 decisions and directions issued by the Government and Prime Minister and 186 circulars and decisions by ministries and agencies.
Many opinions raised concern that overlapping regulations are resulting in customs clearance delay and business cost increase.
Pham Thanh Binh, an expert from the US Agency for International Development (USAID)’s Governance for Inclusive Growth project, said ministries have different interpretations of several laws, leading to varying applications.
He suggested adopting risk management and digitalisation while making changes to building goods portfolios.
Representatives from the ministries of industry & trade, public health and agriculture & rural development also took note of troubles arising from specialised inspection process and pledged to address them.
Ngo Minh Hai, Deputy Director of the GDVC’s Department of Supervision and Control, said rallying public resources for specialised inspections is also a key solution to saving State resources.
The event was co-hosted by the GDVC and USAID.-VNA
The Ministry of Finance (MoF) has asked 11 concerned ministries to join hands in simplifying administrative procedures to create the most favourable conditions for import-export activities.
The General Department of Taxation has to date conducted tax inspections over more than 67,800 enterprises, accounting for 14 percent of the total operating ones, heard a conference in Hanoi on December 26.
The Finance Ministry will inspect 20 foreign shipping companies located in big ports, including Ho Chi Minh City, Hai Phong and Hanoi this month, Deputy Minister of Finance Vu Thi Mai said.
Labour inspections are set to be carried out in 150 garment enterprises in 12 provinces and cities nationwide, heard a conference in Ho Chi Minh City on August 3.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA)
