Mr. Nguyen Thanh Son, Head of Finance and Administration Department, Office of the General Department of Customs was appointed to hold the position of Deputy Chief of the Office of the General Department of Customs. On May 4, under his authorization, Deputy Director of the General Department of Customs Nguyen Van Tho chaired the ceremony to announce and hand over the appointment decision to Mr. Nguyen Thanh Son. At the ceremony, the representative of the Personnel and Organization Department (General Department of Customs) announced the decision on the appointment of officers. Previously, on April 28, the Director General of the General Department of...
EXPORTS DOWN 12% IN FOUR MONTHS
Vietnam's exports totaled $108.57 billion in the first of four months of this year, a year-on-year decrease of 11.8%, the General Statistics Office announced. Some $96.1 billion, or 88.5% of the turnover, came from processed industrial products. ...
VIETNAM RANK DOWN 4 STEPS IN 2023 LOGISTICS PERFORMANCE INDEX
After 5 years of waiting, the World Bank (WB) has just announced the Logistics Performance Index (LPI) Ranking 2023 on the evening of 21st April, 2023. Vietnam's LPI in 2023 ranked 43rd, down 4 steps compared to the "spectacular" 39th of 2018. Accordingly, the world leader is still Singapore, the second is Finland, the third is Denmark, Germany, the Netherlands and Switzerland. “Logistics is the lifeblood of international trade, and conversely, trade is a powerful driver of economic growth and poverty alleviation,” said Mona Haddad, Global Director of Trade, Investment and Capacity of competition, World Bank shares. Notably, in the LPI rankings in...
THE GOVERNMENT HAS AGREED TO THE MINISTRY OF FINANCE TO SUBMIT A PLAN TO REDUCE VAT BY 2%
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...
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...