Vietnam Customs has proactively strived to make changes in line with World Customs Organisation (WCO)’s recommendations and standards in harmonising and simplifying customs procedures, according to WCO Secretary-General Kunio Mikuriya. World Customs Organisation Secretary-General Kunio Mikuriya speaks at the opening of Technology Conference and Exhibition of the World Customs Organisation 2023 which is underway in Hanoi. (Photo: VietnamPlus) With...

Construction of a road connecting Thang Long boulevard and Hanoi - Hoa Binh expressway with a total cost of more than 5.2 trillion VND (213 million USD) started on October 10. The road starts at the intersection between Thang Long boulevard and national highway 21 in Thach Hoa commune of Thach That district (Photo: vnexpress.net) According to the...

Vietnam has enjoyed an increase in exports via e-commerce in recent years, with many micro-, small- and medium-sized enterprises (MSMEs) are in a prime position to reap significant benefits from the rapid growth of the e-commerce sector. Vietnam has enjoyed an increase in exports via e-commerce in recent years. (Photo: vneconomy.vn) According to British technology advisory firm Access...

The recent decline in Vietnam’s automobile consumption and its drop to the fifth place in Southeast Asia can be attributed to both external and internal factors, car experts said. A showroom displays new and used cars for sale in Long Bien district, Hanoi. — Photo courtesy of Anycar.vn According to the Association of Southeast Asian Automobile Manufacturers (AAF),...

With the growth of e-commerce, Vietnam has become a destination for many manufacturing and logistics firms, which is coupled with a high demand for high-quality logistics real estate, said CEO of Cushman & Wakefield Trang Bui. Ba Ria-Vung Tau strives to become a logistics hub in the southeastern region by 2025. (Photo: VNA) Trang said the total warehouse...

Vietnam Registration reported that there were 4,407 Mercedes-Benz vehicles of more than 10 different models produced and assembled domestically and imported that must be recalled due to fuel pump errors. Mercedes-Maybach GLS 600 4MATIC. (Photo: mercedeshaxaco.com.vn) The affected models include C300, S450, G63, GLC300 4MATIC, GLE 450 4MATIC, GLS 450 4MATIC, AMG GLE 53 4MATIC, Maybach S 680...

The European Chamber of Commerce Vietnam (EuroCham) announced on October 9 its Business Confidence Index (BCI) for the third quarter of 2023, showing that the BCI has regained its upward trajectory in the period, which offers a glimmer of hope for the Vietnamese business environment after a turbulent year. Operation of a firm at Yen Phong industrial park...

Thanks to drastic efforts by the Government, credit growth is expected to increase positively in the last months of this year, helping ease difficulties for businesses and propelling forward the development of the economy. As of September 29, credit growth had reached 6.92% compared to the end of 2022. Illustrative image (Source: VNA) According to latest data from...

Vietnam’s overseas investment approximated 416.8 million USD during the first nine months of 2023, rising 4.6% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. A car assembly factory of Vinfast (Illustrative photo: VNA) Of the amount, over 244.8 million USD was registered for 84 new projects, equivalent to 70.5% of the...

Vietnam’s environmentally friendly agricultural products are on display at the Anuga 2023 – International Food Industry Trade Fair, which is taking place in Kohn city, Germany on October 7-11. High-quality Vietnamese rice on display at the trade fair (Photo: VNA) Themed “Sustainable Growth”, the trade fair drew the participation of some 7,800 businesses from 200 countries and territories...