Want to be in the loop?
subscribe to
our notification
Business News
CUSTOMS TO UPDATE OPERATIONS
Tuc said that the customs authorities would enhance co-operation with relevant ministries to accelerate the simplification of import-export related administrative procedures, such as national and ASEAN single window mechanisms and special checks on imported and exported products.
The effort aimed to reduce the customs clearance time for imported and exported goods equal or even lower to ASEAN-4's average, following the Prime Minister's Decision 253/QD-TTg issued recently about thrift practice and waste combat.
This was one of the four major tasks of the Customs General Department this year – the first year of a new five-year customs modernisation plan, in addition to fulfilling budget collection targets, enhancing customs supervision and developing a healthy customs staff.
Minister of Finance Dinh Tien Dung urged the customs authorities to enhance the efficiency of smuggling prevention, seeing the important role of the customs departments in the battlefield against smuggling.
Official statistics revealed that last year, the customs authorities handled more than 19,700 violation cases, worth VND462.5 billion (US$20.6 million) of goods, and collected VND232.5 billion ($10.3 million) of fines to the budget.
At the end of last year, the customs authorities signed up with 28 commercial banks to collect the budget through banks to make it convenient for tax-payers.
Last year, the customs departments collected more than VND261.8 trillion ($11.64 billion) to the State budget, equal to 100.7 per cent of estimate.
Source: VNS
Related News
REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3
Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.
TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL
The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.
FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM
Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.
SENTRYSAFE FHW40200 – PROTECT YOUR VALUABLES, ENJOY PEACE OF MIND!
Looking for a reliable solution to protect your important documents, cash, and valuables from fire and water damage? Genuine SENTRYSAFE - Reliable protection for your valuables and peace of mind! Contact Sen Wai Vietnam for more information and personalized product recommendations.
HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES
HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).
DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY
Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.






















