Vietnam trade portal launched as one-stop shop for export-import regulations

NDO – The General Department of Customs has launched a trade portal as a single place for businesses to learn about Vietnam’s export-import regulations and procedures, the latest government effort to realise its commitments in facilitating trade. The portal is expected to help improve the predictability and transparency of the trading laws and processes in Vietnam, giving both domestic and foreign investors quick access to the country’s trade rules. Speaking at the launch on July 12, Finance Minister Dinh Tien Dung said that with the operation of the portal, the business community and other stakeholders will be provided with a useful tool for finding information for their export and import activities. He added that the Ministry of Finance is committed to working closely with other government agencies, the private sector and international organisations, to ensure efficient cooperation and the sharing of information for the sustainability of the portal. The portal, built with the support of the World Bank, features existing trade regulations and procedures such as laws, administrative procedures, guidance notes, forms, licences, permits and applicable fees, in both Vietnamese and English. Having a single portal containing all the necessary information is expected to save businesses time and costs, especially… Read full this story

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