Vietnam’s Customs Modernization, and Economic Competitiveness

Posted by Matt Schmitt on 9/20/17 5:19 PM

On September 19, 2017, the World Customs Organization (WCO) issued a press release on Vietnam's progress in implementing modernization efforts and initiatives according to the WTO Trade Facilitation Agreement (TFA). The Deputy Prime Minister of Vietnam, Vuong Dinh Hue met with the Secretary General of the WCO, Munio Kikuriya who "commended Vietnam's progress in respect of Customs modernization and trade facilitation."

Mr. Vuong Dinh Hue introduced current initiatives of Vietnam for trade facilitation and Customs modernization, in particular the implementation of the WTO Trade Facilitation Agreement (TFA) as well as the National Single Window and ASEAN Single Window. The emphasis was on Vietnam's efforts in reducing the time and cost of Customs clearance which would improve economic competitiveness. The Deputy Prime Minister thanked the WCO for its support and recommended continued cooperation which would accelerate the modernization of Customs and trade facilitation in Vietnam.


The full article may be found here:

Topics: WCO, Customs, Vietnam

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