Cross border trade

Customs officials checks the transportation of goods at Huu Nghi International Border Gate via a digital border gate platform. — VNA/VNS Photo Anh Tuan Smart border gate control should be launched to prevent congestion and facilitate cross-border trade in farm products between Viet Nam and China. The proposal was raised at the working session between Viet Nam Ministry of Agriculture and Rural Development and China’s Guangxi Province on Tuesday on measures to promote the trade exchange of farm produce between the two countries. Guangxi was the largest gateway for agricultural exports from Viet Nam to China. Statistics of the China Customs showed that around US$350.4 million worth of agricultural products was imported to China via border gates with Guangxi Province in the first four months of this year, accounting for 19.7 per cent of Viet Nam’s total agricultural exports to China. According to Nanning Customs, the peak harvest seasons for fruits such as durian and mango are … [Read more...] about Smart border gate control proposed to facilitate trade of farm produce with China

The directive highlighted that Vietnam's digital economy has witnessed a strong development with the important contribution of e-commerce in recent years. The Government has issued many policies, regulations and drastic measures to improve the efficiency of state management over e-commerce activities, business on digital platforms and tax management. However, the rapid development of the e-commerce market has posed big challenges to the management of e-commerce activities and tax administration, it said. To adapt to the change in the business environment on the digital platform, there must be close coordination between specialized management agencies to control payment transactions and authenticate information of business organizations, individuals and taxpayers. In order to increase the effectiveness and promote digital transformation in the state management of e-commerce activities, trading on digital platforms and cross-border business as well as the sharing of data among … [Read more...] about Prime Minister issues directive to enhances data sharing for e-commerce development

The Department of Industry and Trade of Ho Chi Minh City has said it will join hands with cross-border e-commerce platforms to support local exporters in shipping products to the world on a larger scale and in a more professional way. This is among the solutions that the city will adopt this year to help Vietnamese enterprises overcome difficulties and foster industrial production, trade, and green export. Enhancing business via online and digital channels will help exporting enterprises reduce costs and access customers faster, said Nguyen Nguyen Phuong, deputy director of the municipal Department of Industry and Trade. The department has worked with many e-commerce platforms and service providers to come up with support solutions, Phuong noted. Enterprises also need to take the initiative in cooperating with partners to better meet the requirements in importing markets. Huynh Kim Tuoc, co-chairman of the Digital Economy and Technology Committee under the American … [Read more...] about Ho Chi Minh City to boost online exports