According to Vuong Trinh Quoc, head of the Economic Zone Management Board of Lao Cai Province, the move will help make the most of the transport capacity of vehicles such that vehicles can carry goods on both the outbound and return routes, instead of just carrying one load and returning with empty boxes.

Lao Cai pilots the two-way transport of goods on one vehicle cleared for shipping fresh agricultural products from November 1.

“We will pilot for a period of six months for fresh goods, and each vehicle can only carry one type of goods. This will help increase customs clearance of goods, lower costs, and reduce waste of social resources,” Quoc noted.

However, the number of imported and exported vehicles passing through the Lao Cai border gate remains quite sparse, currently averaging about 400 vehicles per day, just over half the rate from the peak level before the Covid-19 pandemic.

The total value of trade exchange through the Lao Cai border gate was estimated at 213 million USD in October, down over 5% compared to September 2023. Since the beginning of the year, the total trade value has reached nearly 1.8 million USD, only meeting about 35% of the year’s plan.

Informal expenses for customs clearance decline

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.

Vietnam’s export revenue up 13.5% in March: customs data

Export revenue in March was estimated at 29.57 billion USD, up 13.5% over the previous month, according to data released by the General Department of Customs.

Black pig offering ritual – beautiful customs in Tan Phuong village

(BGO) – Keeping the traditional customs, annually on lunar February 11 – 12, people in Tan Phuong village or old Phung Phap village in Tan My commune, Bac Giang city (Bac Giang province excitedly organize the village festival to conduct black pig (Ong Lang) procession and offering ritual. It is an opportunity for all villagers near and far to gather, offer incense and commemorate the great contributors to the village and country.  

Measures sought to facilitate customs clearance at Vietnam-China border gates

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.

Vietnam, China bolster customs collaboration

The eighth dialogue between the Customs Departments of three northeast provinces - Lang Son, Cao Bang, Quang Ninh - and their counterpart in Nanning, China, took place in Lang Son on November 18 in virtual form.

Source: NDO