The implementation of the National Single Window (NSW) and ASEAN Single Window (ASW) customs mechanisms has produced positive results, facilitating trade development in Vietnam, said Deputy Finance Minister Vu Thi Mai at a press conference on July 19.
Hanoi (VNA) – The implementation of the National Single Window (NSW)and ASEAN Single Window (ASW) customs mechanisms has produced positive results,facilitating trade development in Vietnam, said Deputy Finance Minister Vu ThiMai at a press conference on July 19.
According to Mai, as of June 10, 11ministries and sectors have connected to the NSW since it was launched inNovember 2014. As a result, 53 administrative procedures involving nearly 1.26million documents of 22,000 enterprises have been handled through thismechanism.
By the end of this year, an additional 143administrative procedures will be carried out through the mechanism, raisingthe total to 196, equivalent to 78 percent of the 251 procedures expected to beimplemented by 2020, she added.
Regarding specialised inspections on importsand exports, Nguyen Cong Binh, deputy head of the Customs of Vietnam, said thecustoms sector has coordinated with relevant ministries and sectors to step upreform of modes of specialised inspections and management, and reviewed legalregulations on these works to detect shortcomings.
Deputy Minister Mai stated that theimplementation of the NSW and reform of specialised inspections have created confidenceand resolve in leaders at all levels.
They are aware of the need to hasten reformand apply new management technologies with international standards while makingpolicies and institutions, she noted.
The business community has welcomed thechange in Government agencies, and hoped that the Government will speed up theexpansion of the implementation of the NSW mechanism and reform of specialisedinspections.
Vietnam’s international organisations anddevelopment partners such as the World Bank, the European Union, the US, Japanand the Republic of Korea have acknowledged the Government’s reforms, sheadded.
The official said that a national conferenceon boosting the NSW and ASW customs mechanisms will be held on July 24.-VNA
Minister of Finance Dinh Tien Dung has asked the customs sector to raise state budget collection by 3-5 percent higher than the amount assigned by the National Assembly.
The automated customs system is expected come into operation at all seaports and airports by the end of the third quarter of 2018, according to the General Department of Customs.
Prime Minister Nguyen Xuan Phuc has issued a directive on the accelerated implementation of measures to shorten time for granting construction licences and relevant procedures.
Administrative procedures will continue to be reformed while more convenient services for enterprises will be developed in Hanoi to help improve the business climate and competitiveness of the capital city.
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.