Customs to reduce clearance time for import and export goods

Taxation - Customs Committed to Continuously Improving Administrative Procedures In the second annual dialogue on taxation and customs, held recently in Hanoi and Ho Chi Minh City with the participation of thousands of businesses and representatives of the Ministry of Finance, Deputy Minister Vu Thi Mai stressed, "In the next time, the Ministry of Finance is committed to continuing to strongly improve taxation and customs policies to support businesses and create the best business environment for enterprise development.” Focus on specialised inspection According to Mr Vu Ngoc Anh, Deputy General Director of the General Department of Vietnam Customs, the body will continue the reforms of administrative procedures in order to achieve the following objectives: Innovate comprehensive management practices and export and import tax policies; Complete the legal basis for implementing national one-stop shop (OSS); Continue the reform of customs procedures in the direction of openness and transparency, facilitating import and export business. Current administrative procedures of customs include 168 procedures; 100 percent of customs units perform procedures through Vietnam Automated Cargo Clearance System - Vietnam Customs Intelligence Information System (VNACCS /VCIS). But the story of specialised inspections was always a hot topic for companies and customs in 2016. That was the basic obstacle to the improvement of the index "cross-border trade transactions" as required by Resolution 19 to improve the business environment, enhance competitiveness and contrary to the commitments under the new generation free trade agreements. The results of research and fieldwork management, specialised inspection for imported goods in some…... [read more]

Mr Dung made the commitment on September 6 at the Consultation Meeting with Development Partners on Vietnam’s Macro-economic Situation held by the Ministry of Planning and Investment. The meeting was attended by representatives from international financial organizations and institutions such as the World Bank, the International Monetary Fund, and the Asian Development Bank, as well as ambassadors and other diplomats from several foreign countries. The international participants highly appreciated the Vietnamese Government’s efforts to cope with the recent global financial crisis and economic meltdown. They especially spoke highly of the effective anti-inflation measures stipulated in Government Resolution No 11. The participants provided frank analysis of the challenges for Vietnam’s macro-economy and proposed a number of solutions to resolve shortcomings related to public investment, huge debts in the banking system, and rising public debt. Addressing the meeting, PM Dung said he treasured the frank, constructive, and comprehensive feedback the participants gave to the Vietnamese Government on planning and steering the macro-economy. He said the Government will continue to implement Resolution 11 and will not ignore the anti-inflation targets to focus only on economic growth. Mr Dung also expressed his hope that Vietnam will continue to receive support and assistance from development partners in terms of policy, technical and resources consultations.... [read more]

They were discussing targets set by Government Resolution No 19/NQ-CP on improving the business environment and national competitiveness in 2015 and 2016 by reducing costs, time and risks involved . By the end of this year, the Department of Customs plans to reduce time spent on export customs procedures to 13 working days and to 14 working days for imports. Nguyen Dinh Cung, director of the Central Institute for Economic Management, said customs had been very progressive in reviewing more than 300 administrative documents for adjustment. There were documents that hindered businesses' activities, but Cung said he thought it would not be possible to have them amended by the end of this year. Nguyen Van Than, vice-president of the Vietnam Association of Small and Medium Enterprises, agreed. "It's too ambitious," he said. Than cited the recent draft circular 19 from the Ministry of Health on Government examination of imported food. The document proposes that issuing certificates for qualified food be done by the Ministry instead of customs agencies as at present. "That is adding to administrative procedures. We must train our staff so they can directly deal with on the spot issues. Waiting for the ministry to issue certificates would take days," he said. Cung from the Central Institute for Economic Management said when it came to improving trade and business, customs couldn't do it alone. "The role of ministers is very important, they must be the one who supervise, review and push the tasks assigned to their sector. Only…... [read more]

Deputy Prime Minister Vu Duc Dam thus praised the VOC at a ceremony held in Hanoi on December 20 to celebrate the committee’s 40th founding anniversary. He applauded the committee’s efforts to improve the health and body build of Vietnamese people and raising Vietnam’s position at regional and international sport events. He called for more attention and resources to be devoted to projects and programmes on improving Vietnamese people’s body build, particularly those on ensuring nutrition for children and pregnant women. He asked the VOC to work closely with the Ministry of Culture, Sports and Tourism and the General Department of Sports and Physical Training in improving training for athletes and enhancing professionalism in organising sports events. On the occasion, on behalf of the Party and State, the Deputy PM awarded the VOC the Labour Order, third class. Earlier the same day, Deputy PM Dam had a working session with the steering committee for implementing Government Resolution No. 70 on social policies in the 2012-2020 period. At the session, he requested that relevant ministries and agencies to review social policies on preferential treatment for people who have contributed to the nation as well as those relating to the repatriation of martyrs’ remains and deploying the National Target Programme on Sustainable Poverty Reduction. He also stressed the need to work out policies to mobilise more resources and investment from the business community and the entire society to ensure social welfare.... [read more]

HCM City (VNA) – Prime Minster Nguyen Xuan Phuc’s decision to pilot stronger decentralisation and authorisation for Ho Chi Minh City is expected to help the locality become a modern and civilised city with good life quality. Through the pilot scheme, the city also hopes to develop into a leading centre of economy, finance and science-technology in Southeast Asia. The Committee has been allowed to choose investors for projects upgrading and rebuilding old tenements that are in danger of collapse. However, the investors must have the capacity and experience to ensure feasibility, safety and efficiency of the projects. The Committee will take full legal responsibility for their decisions. Le Hoang Chau, President of the HCM City Real Estate Association, said up to 474 apartment complexes built before 1975 in the city were run-down, 70 of which are seriously dilapidated or dangerous. The buildings are home to 22,210 households who live in downgraded apartments with areas ranging from 10 sq.m-30 sq.m. Since the apartments have no basic facilities on fire protection, they are unsafe for dwellers. Chau said the PM’s authorisation for HCM City to appoint contractors for old tenement repairing projects will help speed up the upgrading and rebuilding of the tenements, giving a facelift to urban areas. The city has also been authorised to decide a number of sources of revenues, expenditures, fees, and fines on violations of urban order, safety and civil regulations. Furthermore, the municipal administration is given permission to establish certain professional agencies under the municipal…... [read more]

Viet Nam News The MPI is drafting a law regulating future revisions of business and investment laws. What are the highlights of the draft? In the draft, we review Appendix 4 of the Investment Law, which lists business areas where enterprises must satisfy specific conditions. There are 267 such areas. We plan to cut this number to around 50 to create a more advantegeous investment environment for enterprises. We will revise around 12 laws related to business and investment conditions: Investment Law and Enterprises Law are the main two among them. We will also change the way of managing businesses to supervise enterprises in post-licensing phases, instead of controlling their establishment with conditions set in advance. The draft law will provide sufficient directions and measures to improve the business climate, enhance the competitiveness of enterprises and support their development in accordance with Government Resolutions No 19/NQ-CP and No 35/N-CP, which pertain to assisting and developing enterprises until 2020. Is there a precedent of using a law to revise other laws in Việt Nam? Using a law to modify different laws is not something new in Việt Nam. We already have experience in doing this. Law No 38 was issued in 2009 to supplement laws involved in basic construction and investment. Later, there were Law No 71/2014/QH13 - revising taxation laws - and Law No 106/2016/QH13 - supplementing value-added, special consumption and taxation management laws. As far as we know, a law to modify different laws is suitable for urgent revision…... [read more]

Mekong Delta tra fish prices shoot up Tra fish prices in the Mekong Delta have rallied in the past two months, with an average pickup of VND4,000 per kilo. In Can Tho, exporters are buying unprocessed fish at VND22,000-22,500 per kilo. In Dong Thap, the fish have marked up to VND22,000 a kilo from VND18,000-18,500 two months ago. Farmers in the delta said this is the highest spike since the beginning of 2016, earning them an extra VND1,000-1,500 per kilo. This sharp price increase is attributed to a serious decline in supply while demand is recovering. However, Vo Thi Thu Huong, deputy secretary general of the Vietnam Pangasius Association (VN Pangasius), said tra fish output early this year markedly rose from the same period last year. As of October 9, more than 2,700 hectares of tra fish had been harvested in the Mekong Delta, down 0.1% year-on-year, but output had shot up 12% to 856,000 tons since productivity inched up from 285 tons in the year-earlier period to 313 tons per hectare. Figures of the Ministry of Agriculture and Rural Development, albeit different than those of VN Pangasius, show tra fish production reached 861,000 tons in the first nine months of the year, up 2.5% year-on-year. The rebound of tra fish prices is not because of a supply fall as claimed by some sources of information, but an improvement in demand, particularly of importers and local consumers, during the year-end season. By the middle of this September, tra fish exports…... [read more]

Viet Nam News HÀ NỘI - Hastening the disbursement of official development assistance (ODA) and preferential loans remains a huge task for the remaining two months of this year in the context of increasing public debts and limited resources, said Deputy Prime Minister Phạm Bình Minh. The official made the remarks at a workshop on accelerating the implementation and disbursement of ODA programmes and projects in Hà Nội on Tuesday. Minh, who is also head of the National Steering Committee for ODA and Preferential Loans, emphasised the need to disburse more than US$22 billion of ODA and concessional loans committed to Việt Nam for 2017-2020. He explained that slow implementation and disbursement could result in higher project costs. The Deputy PM urged ministries, agencies and localities to prepare for the projects and fulfill their commitments regarding compensation, land clearance, human resources and corresponding capital, noting that land clearance is a big problem for infrastructure projects. With attention on the use of ODA and concessional loans, the Vietnamese Government has taken steps to speed up the disbursement and raise the efficiency of the capital, he said. The official cited Government Resolution No. 60/NQ-CP on hastening the actualisation and disbursement of public investment capital in 2016 and the Law on International Treaties with regulations concerning the signing of international treaties on ODA. At the workshop, World Bank (WB) Country Director for Việt Nam Ousmane Dione, on behalf of the Asia Development Bank, the French Development Agency, the German Development Bank, the Japan…... [read more]

Minh, who is also head of the National Steering Committee for ODA and Preferential Loans, emphasised the need to disburse more than US$22 billion of ODA and concessional loans committed to Vietnam for 2017-2020. He explained that slow implementation and disbursement could result in higher project costs. The Deputy PM urged ministries, agencies and localities to prepare for the projects and fulfill their commitments regarding compensation, land clearance, human resources and corresponding capital, noting that land clearance is a big problem for infrastructure projects. With attention on the use of ODA and concessional loans, the Vietnamese Government has taken steps to speed up the disbursement and raise the efficiency of the capital, he said. The official cited Government Resolution No. 60/NQ-CP on hastening the actualisation and disbursement of public investment capital in 2016 and the Law on International Treaties with regulations concerning the signing of international treaties on ODA. At the workshop, World Bank (WB) Country Director for Vietnam Ousmane Dione, on behalf of the Asia Development Bank, the French Development Agency, the German Development Bank, the Japan International Cooperation Agency, Korea Exim Bank and the WB, pledged further support to Vietnam. He expressed his belief that Vietnam and the banks will join hands in addressing problems in carrying out these projects. According to the Ministry of Planning and Investment, as of September 2016, over US$4.9 billion of ODA and concessional loans were committed to Vietnam, representing a 1.8-fold rise year-on-year. Of the figure, only US$2.68 billion was disbursed, equivalent…... [read more]

The deal between the VCCI and the provinces was in response to Government Resolution No. 35/NQ-CP on May 16, 2016 to support and develop businesses by 2020. Addressing the signing ceremony, Deputy Prime Minister Vuong Dinh Hue, who is also head of the Steering Committee for Business Renovation and Development, called on all provinces and cities to set up a centre to support businesses, especially small and medium-sized enterprises (SMEs). The centres will provide all kinds of support, including legal procedures to incorporate or close down companies; incorporation procedures; import-export activities; approaching the market; setting up a business project; technology; tax and land issues; and accounting. He called on the VCCI to create the index this year so that it can be applied from 2017 onwards. Developing local credit guarantee funds was the Government’s other requirement from the VCCI and provinces. The Government will subsidise 40-60 per cent of the centre’s operation costs with the rest covered by fees paid by companies, he said. With the signing, the 32 provinces and cities have pledged to carry out the Government’s resolutions in improving the investment environment. They are committed to implementing programmes and establishing models to support local companies and help them overcome difficulties. Resolution No. 35 lists five tasks: reforming administrative procedures to improve the business climate; creating advantages for start-ups; ensuring a level playing field for all companies; helping reduce businesses’ costs; and protecting businesses’ rights and benefits.... [read more]




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