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Vietnam: Capital aims for 4.5% export growth in 2017

The capital aims to generate US$11.1 billion from exports this year, 4.5 per cent higher than 2016, the municipal Department of Industry and Trade has said. To achieve this goal, Hanoi will continue work on accelerating administrative reforms with special focus on customs, tax and business licencing procedures, as well as draw up effective policies. […]

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Vietnam plans ‘outstanding’ special economic zones

HANOI – Vietnam plans to open three special economic zones that offer investors greater incentives and fewer restrictions than available to date in the country, the investment minister said. Foreign direct investment, largely in manufacturing, has been key to Vietnam’s growth. It hit a record of US$15.8 billion last year and has risen 6% in […]

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Committees work to facilitate Vietnamese, Lao enterprises

Quang Tri (VNA) – Representatives from the Vietnam-Laos Cooperation Committee have worked with their counterparts from the Laos-Vietnam Cooperation Committee on the implementation of the Hanoi Agreement 2017 and the “one-stop-shop” customs model at the pair of Lao Bao-Densavan border gates. During their meeting in the central province of Quang Tri on May 24, the two sides informed […]

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Philippines: Customs misses April target

MANILA, Philippines – The Bureau of Customs (BOC) recorded P32.64 billion in total collections in April, 10 percent below the P36.36 billion target for the period, preliminary data from the agency showed. Revenue for April was also slightly down from the P32.71 billion it generated in the same month last year. “Our target has been […]

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