Korean firms attend dialogue on tax, customs issues

(VOV) -Representatives of more than 250 Korean businesses operating in Vietnam were updated on the country’s new tax and customs policies at a dialogue with the Ministry of Finance in Hanoi on August 22.

The gathering addressed issues of Korean business concern, aiming to fulfil their duties and further improve their performance in the country.

Deputy Minister of Finance Do Hoang Anh Tuan and leaders of the General Department of Taxation and the Vietnam Customs and the General Department of Customs directly responded to inquiries from the businesses on issues pertaining to all aspects of import-export and business operations.

RoK Ambassador to Vietnam Jun Dae Joo appreciated the Ministry of Finance’s dialogue, which he said helps Korean businesses iron out snags and provided necessary information for them to achieve sustainable growth in Vietnam.

The RoK business community welcomes the support from the Vietnamese Government, especially in tax and customs procedures, Jun said.

Deputy Minister of Finance Tuan praised Korean firms’ effective operations in Vietnam over recent years, and pledged to create the best possible conditions for them to operate in the country, by improving tax and customs policies in a more transparent and effective manner  in line with international standards.