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Update news General Department of Customs
The General Department of Customs will focus on cracking down origin frauds and illegal transhipment as violations are becoming more rampant and complex as Viet Nam integrates more deeply into the global economy.
The plummeting world crude oil prices will not have too great impact on Vietnam’s State budget revenue, said Vo Thanh Hung, head of the State Budget Department under the Ministry of Finance.
Vietnam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT).
Vietnam exported 560,000 tonnes of rice in January 2020, earning US$270.3 million, an increase of 12 per cent in volume and 39 per cent in value month-on-month, according to the General Department of Customs.
Vietnam’s total import-export turnover has surpassed 400 billion USD, according to the General Department of Customs.
In the first half of this month, total import and export value of Vietnam reached nearly $21 billion.
The number of waste containers sitting abandoned at Vietnamese ports had fallen sharply this year, according to a report released on Monday by the General Department of Customs.