The National Single Window Portal system has saved US$4.55 billion for businesses in completing customs clearance procedures. — Photo courtesy of Viettel The National Single Window system developed by Viettel Solutions, which helps digitalise all documents and processes in customs clearance, has been given the Sao Khue Award 2020 in the e-government category – the most prestigious honour for the Vietnamese IT and software industry. Before applying the system, import-export firms had to complete a lot of paperwork at different agencies when doing customs procedures. This cost them time and money. The launch of the National Single Window has reduced customs clearance time by 7 to 8 days, while saving more than US$2,000 in storage fees per shipment of goods a day. The acceleration of goods import and export activities thanks to this mechanism also makes an important contribution to improving the competitiveness and integration of enterprises. The system has digitalised 188 administrative procedures at 13 ministries and sectors, handling 2.6 million applications from 34,000 businesses. It helped save some VND106.9 trillion ($4.55 billion). It has also officially connected to the ASEAN single window of six countries including Brunei, Cambodia, Singapore, Malaysia, Indonesia and Thailand, while it is expected to… Read full this story
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