At the launching ceremony (Photo: VNA)HCMCity (VNA) – Customs clearance will be conducted right at thewharf in Cat Lai port in Ho Chi Minh City under a project that was officiallylaunched by the municipal Customs Department on November 13.
Theproject will help save up to 70 percent of customs clearance time and ease congestionat the port.
DinhNgoc Thang, head of the department, said the project demonstrates determinationof the southern hub’s customs sector to speed up the reform and modernisationof customs services, towards the goal of cutting 70 percent of customsclearance time thus saving about 5 trillion VND (215.3 million USD) spent onsuch services each year.
Besides,the project also helps to reduce costs of container storage, freight unloadingand infrastructure upgrading, among others, while enabling transportationbusinesses to maximize their capacity.
Theproject will first benefit customs agents and 200 selected businesses based ontheir customs record. Last year, these firms posted a total import value of21.7 billion USD, making up 38.5 percent of the city’s accumulative importrevenue, and tax contribution worth 54.76 trillion VND, accounting for 50.5percent of the department’s State budget collection./.
VNA
