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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...

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...

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...

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...

The Asia-Africa Market Department (Ministry of Industry and Trade) said that China Customs has just announced a list of sites eligible for food import in accordance with this country’s regulations. Accordingly, the General Administration of Customs of the People’s Republic of China (GACC) has officially approved Dong Hung Border Gate and Huu Nghi Quan Border Gate as the two border gates eligible for food import to Guangxi, China. The designated supervision site for food import at Dong Hung Border Gate area include a specialized inspection site for imported food, a technical department for customs supervision and management, a dedicated sampling warehouse and...

Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year. The announcement was made at a working session between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Israeli Minister of Economy and Industry Nir Barkat during the former’s ongoing visit to Israel. With the reciprocal economies and growing two-way trade, the two countries will benefit much from the agreement, whose negotiations lasted seven years with 12 rounds. Vietnamese Minister of Industry and Trade suggested the two sides step up coordination...