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Vietnam, an attractive destination for Chinese investors

Vietnam now an attractive investment destination for Chinese companies, according to the Vietnam-China Trade Investment Promotion Conference held on Friday in Hanoi. The event provided participants with information, assessments, and forecasts on the investment challenges and opportunities in 2019 and encouraged businesses to take advantage of incentives under Vietnamese law and preferential treatment under free trade agreements. Huang Rong, CEO of the Yingke Vietnam ...

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Feedback on classification of imported beverages

The General Department of Vietnam Customs has just responded to the proposal of the Super Blue Consultant Trading Service Co., Ltd about the classification of some beverages. Accordingly, these items are not considered for classification in heading 20.09. They should be classified in heading 22.02. Black Garlic item. It is known that, according to the proposal of Blue Consultant Trading Service Co., Ltd, this ...

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Two Customs Branches processed over 100,000 declarations at Hai Phong Customs

The Investment and Processing Customs Branch and Export processing Zone (EPZ) and Industrial Park (IP) Customs Branch have processed more than 100,000 declarations per Branch. They have the highest number of declarations among nine Customs Branches under Hai Phong Customs Department. At the end of April, Investment and Processing Customs Branch processed 113,151 declarations. In April alone, this branch had the highest number of ...

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The textile and garment industry looks towards sustainable development

According to a representative of the Vietnam Textile and Apparel Association, the textile and garment industry is facing many challenges that must be overcome to adapt and develop sustainably.   The textile industry has to meet new requirements for sustainable development and environmental protection. Photo: Nguyen Hue. Many challenges According to Ms. Pham Tuyet Mai, Chief Representative of the Textile and Apparel Association in ...

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HOLIDAY NOTICE: Liberation Day and International Labour Day

HOLIDAY NOTICE Liberation Day and International Labour Day We are pleased to inform that We will close be closed on Monday, 29/4/2019 and resumed working on Thursday, 2nd  May 2019 We wish you and your family a happy holiday

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HUNG VUONG FESTIVAL'S NOTICE

HUNG VUONG FESTIVAL'S NOTICE We are pleased to inform that We will close be closed on Monday, 15/4/2019 and resumed working on Tuesday, 16th April 2019 We wish you and your family a happy holiday

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Garment, textile export fetches nearly 8.7 billion USD in Q1

The Vietnam Textile and Apparel Association (Vinatex) has reported that total export earnings of the garment and textile sector in the first quarter reached nearly 8.7 billion USD, up 11.31 percent over the same period last year. Illustrative image (Source: VNA) The US remained the biggest market of the sector with turnover of more than 3.4 billion USD, followed by the EU with over ...

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Logistics costs are difficult to reduce due to the deviation of investment from transport infrastructure

World Bank: Reducing the investment rate for road infrastructure by 2-3% will not cause much impact on transport efficiency. But if investment increases for water transport by 2-3%, there will be a transformative impact on waterways. The transport sector should encourage investment from the private sector into the port system, while the state budget focuses on investing in the development of transport infrastructure. (PHOTO: ...

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The auction of 6 old cars at Hai Phong Customs abides by the regulations 13 Customs Departments have already achieved revenue collection of thousand billion VND Researching two solutions for handling seized smuggled foreign cigarettes 13 Customs

According to the statistic from General Department of Vietnam Customs, up and until 18/3/2019, there was 13/35 Customs Department having achieved over 1 thousand billion VND of revenue collection. The activity of Customs supervision is at Cai Lan port, Quang Ninh. Photo: T.Trang Accordingly, leading is HCM City Customs Department with a contribution to State revenue of 22.353 thousand billion VND; Hai Phong Customs ...

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Chu Lai to become high-quality agro-forestry processing hub: PM

Prime Minister Nguyen Xuan Phuc said he wishes that Chu Lai would strive to become a high quality agro forestry processing hub of the country to be able to meet huge demand in ASEAN northeastern Asia G7 and G20 countries Prime Minister Nguyen Xuan Phuc (middle) at the event He expects Chu Lai would help turn Vietnam into one of the world’s wooden interior ...

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