The customs force in Ho Chi Minh City is checking imports and exports while observing Covid-19 prevention and control measures. (Photo: haiquanhochiminh.gov.vn)

VN saves billions of US dollar thanks to improved customs clearance procedure

Vietnam Customs yesterday announced that because of time reduction in customs clearance procedures for import and export goods, Vietnamese businesses have been able to save over US$3.28 billion in both direct and indirect costs. This is the result of the survey ‘Cross-border Commercial Transaction Index 2020’ for trading environment improvement, national competitiveness increase.
Hong Kong entrepreneur highlights prospect of trade with Vietnam

Hong Kong entrepreneur highlights prospect of trade with Vietnam

A leader of the Sunwah Group has highlighted the prospect of trade cooperation between Vietnamese and Hong Kong businesses and made suggestions for the Vietnamese firms that want to access the Guangdong - Hong Kong - Macau Greater Bay Area (GBA) of China.

Bright prospect continues for Vietnam's FDI attraction

Bright prospect continues for Vietnam's FDI attraction

Positive signs of investment inflows have been seen during meetings between National Assembly Chairman Vuong Dinh Hue and executives from many big European firms on the occasion of Hue's working visit to the European Parliament and a number of European countries from September 5-11.
Banks urged to embrace digitisation

Banks urged to embrace digitisation

About 67 percent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus).
Hoc Mon produce wholesale market before the social distance period

Hoc Mon wholesale market starts operating transshipment point today

The People’s Committee of Hoc Mon District in Ho Chi Minh City announced that it has approved the operation of a transshipment point in Hoc Mon wholesale market as of September 20. The working hour of this location is from 8pm until 6am the next day.

Vietnam’s wood industry maintains growth momentum despite Covid-19

Vietnam’s wood industry maintains growth momentum despite Covid-19

Being affected by the Covid-19 epidemic, businesses in the wood industry in Vietnam's Southeast region have made great efforts to overcome difficulties and achieve an export turnover of billions of US dollars in the first 8 months of 2021. Moreover, the region’s industry continues to maintain impressive growth momentum.