KEN · INSIGHTS · Page 15 of 16
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Customs, tax, freight-rate and trade updates for importers and exporters, compiled by the Ken team since 2023.
191 articles · Page 15 of 16
June 20231 articles
- Customs & tax
2 min read
Applying normal import tax rate table for imported goods from 15th July 2023
The Deputy Prime Minister has just signed Decision 15/2023/QĐ-TTg stipulating the application of normal tax rates for imported goods as following Point c, Clause 3, Article 5 of the Law on Import…
May 20239 articles
- Air freight
2 min read
First all-cargo air service between Vietnam, UK launched
TT Meridian, a leading international logistics and trading company specialising in the UK and Vietnam markets, on May 19 announced a new all-cargo air route between the UK and Vietnam via…
- Ocean freight
1 min read
COSCO builds second 700 TEU electric boxship
COSCO SHIPPING Heavy Industry (Yangzhou) began construction works on the second 700 TEU electric container ship (N998) owned by COSCO SHIPPING Development on 8 May. The 700 TEU electric boxship is…
- Customs & tax
2 min read
Imported processed products for export processing not subject to import tax refund
According to regulations, the processed products that are imported and then processed in Vietnam for export are not subject to an import tax refund. The country’s top customs regulator cites Article…
- Trade
4 min read
Situation of import and export of Vietnam's goods in the second half of April 2023 (from 16 to 30 April, 2023)
The latest preliminary statistics of the General Department of Customs show that the total import and export value of Vietnam's goods in the period of second half of April 2023 (from 16th to 30th…
- Customs & tax
2 min read
250 procedures connected with National Single Window
In addition to connecting the National Single Window, the General Department of Customs is coordinating with relevant ministries and agencies in connecting the Single Window with partners inside and…
- Ocean freight
2 min read
Large-scale non-tariff zone to be built in Hai Phong
Xuan Cau Industrial Park and Non-Tariff Zone is being built at Lach Huyen international port area, Cat Hai district, Hai Phong. Tan Cang - Hai Phong International Container Terminal (TC- HICT) is…
- Ocean freight
2 min read
Update forecast of sea freight in 2023
According to statistics from Drewry on world container freight rates, as of 20th April 2023, the 40 feet container freight rate was $1,774, down 83% from $10,377 in September 2021 and lower 34%…
- Customs & tax
3 min read
Appointing Mr. Nguyen Thanh Son as deputy chief of the office of the general department of customs
Mr. Nguyen Thanh Son, Head of Finance and Administration Department, Office of the General Department of Customs was appointed to hold the position of Deputy Chief of the Office of the General…
- Trade
2 min read
Exports down 12% in four months
Vietnam's exports totaled $108.57 billion in the first of four months of this year, a year-on-year decrease of 11.8%, the General Statistics Office announced. Some $96.1 billion, or 88.5% of the…
April 20232 articles
- Road & border
2 min read
Declare goods information passing through border gate on the electronic system
From 20th April, 2023, instead of making declarations with paper documents, businesses carrying out procedure declaration through land and waterway border gates will declare electronic declarations…
- Trade
2 min read
Vietnam rank down 4 steps in 2023 Logistics Performance Index
After 5 years of waiting, the World Bank (WB) has just announced the Logistics Performance Index (LPI) Ranking 2023 on the evening of 21st April, 2023. Vietnam's LPI in 2023 ranked 43rd, down 4…
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