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Economics

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Customs trade hits 1.05 billion USD on first day of new model

Vietnam's import-export value reached 1.05 billion USD, with over 20,300 declarations processed on March 15, the first day of implementing the newly restructured customs model, according to the Department of Customs.

Authorities inspect the procedures of vehicle operators transporting goods at the Huu Nghi International Border Gate (Lang Son province)

The introduction of a new IT system within the revamped organisational structure ensured seamless processing of goods, vehicles, and transit shipments, enabling swift customs clearance without any delays.

On the first day, both border and non-border checkpoints were instructed to promptly review and assign staff, ensuring all declarations were processed by the end of the day in accordance with the Customs Law, with no pending files.

The department also updated the names of border and non-border checkpoints across the country to align with the new structure and reported no issues arising from the implementation.

Additionally, the department has focused on simplifying administrative procedures, with a goal of reducing processing times and costs by 30% by 2025. The department also plans to eliminate 30% of unnecessary business conditions and transition all business-related procedures to the digital environment for greater efficiency.

Realising the 12th Party Central Committee's Resolution 18 on streamlining the political system’s organisational structure, on March 15, the customs sector began operating under a three-tier model: the Department of Customs, regional customs offices, and border checkpoints. This reorganisation has reduced the number of units by 485, or 53.77%, from 902./.

VNA

Local GRDP growth reaches 8.7% in first 6 months of 2025

In the first six months of 2025, Binh Duong province achieved significant progress in socio-economic development, with a Gross Regional Domestic Product (GRDP) increase of 8.7%.

Domestic investment attraction into IPs reaches 235% of yearly estimate

New investment projects and capital increases are mostly for factory investment and installation of machinery and equipment lines to produce industrial products.

Businesses connect for mutual development

The spread of technology from foreign-invested enterprises (FDIs) to domestic businesses remains limited.

Saving electricity in agricultural production

In the context of integration and the process of national industrialization and modernization of the country, modern agricultural production has been specialized and applied machinery in all stages.

Vietnamese State leader holds phone talks with new Korean President

President Cuong appreciated the attention President Lee has paid to relations with the Asian region and emphasised that this early phone talks reflects the importance he attaches to relations with Vietnam.

Concentrating on executing and investing in IPs development under established planning

According to the Binh Duong Industrial Parks Management Board, the Provincial People's Committee

Ensuring public safety against counterfeit goods

Counterfeit goods pose a serious threat, causing a range of negative consequences, including economic losses for businesses, risks to public health and the erosion of consumer trust.

Provincial leaders receive and work with MiTAC Group Chairman

On the afternoon of June 11, Bui Minh Tri, Vice Chairman of provincial People’s Committee received and worked with Su Liang, Chairman of MiTAC Group (Taiwan, China)

Efforts to build a civilized and modern city

With the goal of becoming a key development center in the Southeastern region, Binh Duong province has been actively implementing the local Master Plan for the 2021–2030 period

Bau Bang: Industrial development and effective investment attraction

Industrial development has significantly contributed to the transformation of the socio-economic situation in Bau Bang district.

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