VOV.VN - Since the first days of the new year 2025, Vietnamese businesses have quickly entered into a busy phase of production and exporting, as key industries such as textiles, footwear, electronics, and farm produce processing are ramping up to meet international market demands.
State budget collection from import and export activities surged 14.5% year-on-year to nearly VND346.3 trillion (US$13.7 million) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.
Revenue from import-export activities hit US$578 billion in the first nine months of 2024, a rise of over 16% year on year, according to the General Statistics Office (GSO).
Ongoing tension in the Red Sea has hiked freight rates and increased the possibility of delays, warned the Ministry of Industry and Trade.
Customs clearance for import-export activities through the Na Nua – Nahua border gate pair in Vietnam’s northern Lang Son province and China’s Guangxi province was resumed from December 14 after a nearly-four-year halt due to the COVID-19 pandemic.
Through the case of the 76 containers of cashew nuts falling into problems in Italy last year and five containers of peppercorns, cashews, cinnamon and star anise in the UAE this year, it can be seen that the delivery of documents to an unauthorised person at the buyer's bank is a loophole in the international trade activities.
The number of enterprises exporting goods to China via Mong Cai International Border gate in the northeastern province of Quang Ninh increased to 694 in the first half of this year, 70% higher than that of the same period last year.
In the post-pandemic recovery period, domestic businesses continue to face difficulties in implementing policies related to import-export activities, requiring prompt solutions, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Quang Phong said on March 2.
The Ministry of Industry and Trade (MoIT) has said that it will organise a wide range of trade promotion activities to support businesses in exporting their products to China.
Import-export activities and customs clearance of goods via the Ma Lu Thang International Border Gate in Phong Tho district of the northern province of Lai Chau and the Jinshuihe border gate of China's Yunnan province were fully resumed on February 20.