Ho Chi Minh City Customs holds dialogue with US firms

The Customs Department of Ho Chi Minh City and the American Chamber of Commerce in Vietnam (Amcham) held a dialogue with the US business community in Ho Chi Minh City on January 24.
Ho Chi Minh City Customs holds dialogue with US firms ảnh 1At the event (Source: VNA)
HCM City (VNA) – The Customs Department of HoChi Minh City and the American Chamber of Commerce in Vietnam (Amcham) held adialogue with the US business community in Ho Chi Minh City on January 24,focusing on export-import procedures.

Regarding post-clearance inspection, deputy chief of thedepartment’s Management Inspection Office Nguyen Thanh Long said only firmswith suspected activities and faulted goods declaration are subject toinspection, similarly to the situation in developed countries.

In addition, other agencies than the customs office willalso conduct inspections after customs clearance, such as checking on foodsafety and hygiene.

Long suggested firms strictly abide by legal regulations onmanufacturing and trade as well as export-import in order to face lessinspection.

A representative from Tan My group, which imports stainlesssteel to produce goods for export, said while the import of stainless steel is exemptfrom tax, the examination and analysis procedures take as long as 6 months,thus affecting the group’s production and prestige.

Nguyen Quoc Toan from the department’s Export-Import TaxOffice said stainless steel is subject to special examination due to its connectionto anti-dumping tax, adding that the company’s suggestions will be submitted tothe General Department of Vietnam Customs to make proper adjustments.

Amcham Vice President Mark G.Gillin said the Ho Chi MinhCity customs agency is the most active agency in the city in terms ofadministrative reform to improve business climate and promote trade withforeign countries, including the US.

He wished that the department would update the US firmsabout customs regulations to facilitate bilateral trade.

Deputy Director of the department Dinh Ngoc Thang, for hispart, pledged to cut unnecessary administrative procedures as part of supportfor businesses, including those from the US.

He suggested the US firms actively join connectivity eventsand dialogues hosted by customs agencies to fully and promptly grasp the latestregulations as well as propose measures to modernise Vietnam’s customsactivities and boost Vietnam-US trade in the near future.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.