Vietnam, US look for signing of customs assistance agreement
Vietnam and the US have signed a letter of intention on accelerating and completing negotiations for the signing of a customs mutual assistance agreement between the two countries.
Hanoi (VNA) – Vietnam and the US have signed a letter of intention on acceleratingand completing negotiations for the signing of a customsmutual assistance agreement between the two countries.
The letter of intention was inked during a recent meeting between visiting GeneralDirector of the General Department of Vietnam Customs Nguyen Van Can and ActingCommissioner at the US Customs and Border Protection Agency Kevin K. McAleeanin Washington D.C.
During theworking session, the two sides’ customs officials stressed the preparation for thesigning of the Customs Mutual Assistance Agreement (CMAA) at the APEC EconomicLeaders’ Meeting in Da Nang in November 2017.
They also appreciated the efforts and determination of both sides to advance tothe conclusion of the negotiations in May 2017 in the US.
They agreed to continue accelerating negotiations for the scheduled signing ofthe deal on the basis of practical interests brought by this to the two nationsin general, and to collaboration between the two agencies in particular.
Under the letter ofintention, the two customs agencies will try to reach consensus in remainingissues in the agreement, thus enabling the signing in November.-VNA
Minister of Industry and Trade Tran Tuan Anh and US Trade Representative Robert Lighthizer met as co-chairs of the Vietnam-US Trade and Investment Framework Agreement Council in Washington on May 30.
The activities during the Pacific Partnership 2017 (PP17) were examples of the development of a comprehensive partnership between Vietnam and the US, according to US Ambassador to Vietnam Ted Osius.
Vietnamese Prime Minister Nguyen Xuan Phuc and US President Donald Trump discussed measures to develop the two countries’ relations in a more substantive manner during their talks at the White House, Washington DC, on May 31 (local time).
Prime Minister Nguyen Xuan Phuc voiced his delight at the development of relations between the National Assembly of Vietnam and the US Congress while holding phone talks with some key parliamentarians in Washington D.C on May 31 (local time).
Prime Minister Nguyen Xuan Phuc and a high-ranking delegation of Vietnam left Washington DC on late May 31 (local time), wrapping up an official visit to the US at the invitation of President Donald Trump.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
Illustrative image (Source: Internet) 
