On July 12, in Hanoi, Deputy Prime Minister Vuong Dinh Hue, Minister of Finance Dinh Tien Dung, Acting Country Director of the World Bank in Vietnam Sebastian Eckardt and General Director of Customs Nguyen Van Can. Click the official button to operate the Vietnam Trade Portal at http://www.vietnamtradeportal.gov.vn.
The Vietnam Trade Information Portal is hosted by the General Department of Customs (Ministry of Finance), with technical assistance from the World Bank Group in Vietnam. The Vietnam Trade Information Portal is expected to help increase the predictability and transparency of the laws and procedures related to Vietnam’s trade, enabling quick access to domestic and foreign investors. The rules of trade in Vietnam.
Finance Minister Dinh Tien Dung stated: “With the launch and official operation of the Vietnam Trade Portal in the coming time, we hope that businesses and other stakeholders will find out. The necessary information, useful to help trade more and more favorable.The Ministry of Finance, as the lead agency implementing the WTO Agreement on Trade Facilitation Commitment to commit to coordinate Closely with government agencies, the private sector as well as international organizations to ensure effective coordination and information sharing to maintain the sustainability of the Portal to actively contribute to the real Vietnam’s international commitments on transparency. “
This initiative is the government’s latest effort to increase access to information and to meet the World Trade Organization’s (WTO) Trade Facilitation Agreement. The Information Portal contains information relating to current legislation and procedures regarding trade, regulatory documents, administrative procedures, guidelines, forms, licenses, and applicable rates. Both Vietnamese and English languages.
“Trade is an important driving force for Vietnam’s growth; And easy and fast access to information on import-export procedures is very important for traders and investors, “said Sebastian Eckardt, Acting Country Director for the World Bank at Vietnam said. “Vietnam Trade Portal is a one-stop information access point where users can find information from dozens of ministries and government agencies involved in export and import activities. This portal is an important part of the Government’s greater effort to enhance trade facilitation, and the World Bank is ready to continue to support these important efforts. “
A single portal containing all trade-related regulations and procedures will save time and money for businesses, especially small and medium enterprises, who are interested or involved in the field. Export, import and transit of goods.
Other contents of the VTIP include: an overview of the Vietnamese economy, export-import guidance, common terms in customs, as well as information on special economic zones Transboundary trade and GSP systems; The bilateral, regional and bilateral trade agreements that Vietnam has signed, including applicable rules and regulations, as well as related interests; A link to a set of international organizations’ websites to further assist the business in accessing the international market, as well as allowing exporters to conduct an analysis of their commercial potential. And market research. Portal is also expected to help improve trade regulations, as policy makers can now easily determine the complexity of current regulations and procedures applicable to commodities. , Propose areas that can be simplified and modernized, as well as easily track the progress of this activity.