Each company has to spend about 14.9 hours to complete a cross-border trade transaction and incur direct costs of around 3.8 million VND (165 USD) for logistics services, according to the 2022 Administrative Procedure Compliance Costs Index (APCI) report.
Hanoi (VNA) – Each company has to spend about 14.9 hours tocomplete a cross-border trade transaction and incur direct costs of around 3.8million VND (165 USD) for logistics services, according to the 2022 AdministrativeProcedure Compliance Costs Index (APCI) report.
The report was compiled by the Prime Minister's Advisory Council for Administrative Procedure Reformwith the support of the US Agency for International Development (USAID) through theLinkSME project aimed at promoting reform and enhancing the connectivity ofsmall and medium-sized enterprises.
The report indicatesthat the time required to carry out logistics-related activities has increasedfor all cargo flows. The trend of using full-package intermediary servicescontinues to rise, with an average annual increase of 11% for such services.
With efforts topromote non-cash payments and combat irregularities in import-export taxactivities, the survey conducted by LinkSME shows that the proportion ofbusinesses that filed tax declaration online in 2022 was 81.1% higher than inprevious years. The payment of informal expenses to facilitate customsclearance procedures continues to decline over time.
The indices also show that positive changesstemming from the customs system continue to outweigh other related agenciessuch as specialised inspeꦆction bodies or port management and business units.The Vietnam Automated System for Seaport Customs Management (VASSCM), oncewidely used, potentially brings about breakthroughs in the reform ofcross-border trade procedures./.
Customs clearance activities at the Ka Long international border gate in the northeastern province of Quang Ninh’s Mong Cai city were resumed on June 17 after over three years of suspension due to the COVID-19 pandemic, marking the return to normal operation at all border gates and openings in the city.
Customs clearance was again suspended on September 28 at the Bac Phong Sinh border gate in Quang Ninh’s Hai Ha district that pairs with Li He border gate in China’s Dongxingcity, due to China’s COVID-19 control measures.
Deputy Minister of Industry and Trade Tran Quoc Khanh and Executive Vice Chairwoman of People's Government of China’s Guangxi Cai Lixin recently discussed measures to facilitate customs clearance of goods via border gates of the two countries.
A delegation from the People’s Committee of the northern border province of Lang Son led by vice chairwoman Doan Thu Ha on June 7 inspected import/export activities at two border gates of Huu Nghi and Tan Thanh.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Cat Lai port in Ho Chi Minh City (Photo: VNA) 
