Deputy Prime Minister Le Minh Khai agreed in principle that the Ministry of Finance would report to the Government for submission to the National Assembly and the National Assembly Standing Committee for consideration and permission to formulate and issue a National Assembly's Resolution on value-added tax reduction. In 2023 the Ministry of Finance proposes to reduce the VAT rate by 2% for all goods and services subject to the 10% tax rate (to 8%); reduce 20% of the percentage rate to calculate VAT for business establishments (including business households and business individuals) when issuing invoices for all goods and services...
NEW CARGO ROUTE FROM CHINA TO NEW DELHI AND FROM PARIS TO CHINA
Zhongyuan Longhao Airlines launches flights between Zhengzhou and New Delhi. Beside that CMA CGM Air Cargo also launches new Paris-Guangzhou air cargo route. Zhongyuan Longhao Airlines launches flights between Zhengzhou and New Delhi Zhongyuan Longhao Airlines (China Central Longhao Airlines) has begun operating flights between Zhengzhou, China and New Delhi, India. Longhao Airlines The state-owned cargo airline will operate two flights per week from Zhengzhou using a B747-400 freighter, said Delhi International Airport. The airport said in a LinkedIn post on April 13: “Delhi International Airport is delighted to welcome “China Central Longhao Freighter” at DEL today. The airline will operate 2 flights per week...
VIETNAM, UAE TO SOON KICK OFF NEGOTIATIONS OF COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT
Minister of Industry and Trade Nguyen Hong Dien and Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi of the United Arab Emirates (UAE) have signed a Ministerial Declaration on starting negotiations on a comprehensive economic partnership agreement (CEPA) between the two nations right after Vietnam completed its procedures. The two sides at the meeting (Photo: VNA) The signing took place after a meeting between Dien and Al Zeyoudi during the Vietnamese minister's working visit to the UAE from April 5-6. During the meeting, the Vietnamese official said the two countries can start their negotiations on CEPA after the draft...
CUSTOMS SECTOR COLLECTS OVER VND91 TRILLION IN FIRST QUARTER OF 2023
The Customs’ revenue in the first quarter 2023 saw a year-on-year decrease of 17% The turnover and revenue from import and export activities plunged in the first quarter of 2023. According to the General Department of Vietnam Customs on April 3, the revenue from imports and exports in March reached VND33,476 billion. In the first quarter, the Customs sector’s revenue decreased by 17% to VND 91,267 billion compared with the previous year, meeting 21.5% of the estimate. In the month, the total trade in goods is estimated to increase by 18.6% to US$ 58.49 billion compared with a month ago. The export turnover and...
LANG SON: GOODS RUSHING TO BORDER GATE INCREASES SHARPLY, POTENTIAL RISK OF CONGESTION
At this time, on average, there are about 500 vehicles transporting goods from inland to Lang Son waiting to carry out export procedures to China every day. By the end of March 27, the number of vehicles transporting goods backlogged in border areas reached 950 vehicles, including 787 vehicles transporting agricultural products waiting for export procedures. The number of vehicles transporting goods that are backlogged at border area of Lang Son province increase sharply. Photo: Customs News A large number of backlogged goods According to statistical reports from the Dong Dang - Lang Son border gate economic zone authority showed that, on March...
MR. NGUYEN MANH TUAN WAS APPOINTED AS DEPUTY DIRECTOR OF HANOI CUSTOMS DEPARTMENT
On April 5, at the headquarters of Hanoi Customs Department, Deputy General Director of General Department of Customs Hoang Viet Cuong presided over the ceremony to announce and hand over the appointment decision to Mr. Nguyen Manh Tuan. Previously, on April 4, the Director General of the General Department of Customs Nguyen Van Can signed Decision 719/QD-TCHQ appointing Mr. Nguyen Manh Tuan, Director of Gia Thuy Customs Branch to the position of Deputy Head of the Gia Thuy Customs Branch. Director of Hanoi Customs Department since April 7, 2023. The Deputy General Director emphasized, Hanoi Customs is a large unit in the...