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Talking on the occasion, Vu Thi Anh Hong, Editor-in-Chief of Customs E-Journal, stated Vietnam presently has commerce partnerships with over 200 nations and territories. Seventeen free commerce agreements, together with the Complete and Progressive Settlement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam FTA, have created alternatives to spice up the nation’s import-export actions.
The COVID-19 pandemic, Russia-Ukraine tensions and oil worth surges have brought about an increase in transportation and logistics prices, resulting in a rise in spending for import and export actions.
Elevated prices have additionally lowered the competitiveness of Vietnamese items.
To chop prices for companies, Chairman of Imex Pan Pacific Group (IPPG) Johnathan Hanh Nguyen proposed simplifying customs procedures, and creating e-data sharing techniques between enterprises, customs places of work and related companies.
A consultant from the Normal Division of Vietnam Customs stated the company will proceed stepping up administrative reform to scale back customs clearance instances and redesign the sector’s IT system in the direction of the event of e-customs and sensible customs.
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