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The former Ministry of Trade has its origins in 1945 with the formation of the modern National Unification Cabinet, and became a ministry in its own right in 1955. [1] The Ministry of Trade merged with the Ministry of Industry in 2007 to form the Ministry of Industry and trade. The current Minister of Industry and Trade is Nguyễn Hồng Diên.
In the 1980s, the Vietnamese government, acting under Communist Party supervision, continued to regulate and control all foreign trade. The Ministry of Foreign Trade managed trade and was responsible for issuing of import and export licences and approving any departures from the formal economic plan on an ad hoc basis. There was considerable ...
The Ministry manages the work of national accounting, state borrowing, the activities of stock markets, and the Department of Customs. [1] The Ministry's main offices are located in Hanoi . The Ministry of Finance directly owns and controls some state companies, such as Bao Viet Insurance, of which it owns 71%.
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The European Customs Information Portal is an importing and exporting service provided by the EU. [14] [15] Some territories within the EU do not participate in the customs union, usually as a result of their geographic circumstances. Through agreements, the EU has customs unions with Andorra, San Marino, and Turkey respectively, with the ...
The Single Window (SW) is widely recognised as a key enabler of trade facilitation and has received global endorsement through international frameworks, conventions, and agreements. Its adoption is seen as a benchmark for modernising customs and trade procedures, improving transparency, and promoting seamless cross-border trade.
According to Vietnamese law, the Ministry of Foreign Affairs is responsible for considering and deciding on the application of the reciprocity principle in relations with other countries, in coordination with other concerned ministries and branches. [1] It then needs to notify the Ministry of Justice of the decision on a biannual and annual ...
Vietnamese e-Visa Vietnamese e-Visa Stamp. Vietnam introduced a pilot electronic visa system on 1 February 2017. [30]Starting from August 15, 2023, an e-Visa is issued to citizens of all countries and territories and is issued for single or multiple entry up to 90 days.