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Sunday, February 5, 2012




Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



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Shipping & Logistics

Goods Imported into Vietnam must Register Certificate of Origin

Jul. 5 – In an afternoon news conference on June 30, 2011, Deputy of Vietnam’s Ministry of Agriculture and Rural Development Diep Kinh Tan said Circular No. 13/2011/TT-BNNPTNT would guide the inspection of food safety resources and vegetable imports effective from July 01, 2011.

The Circular clarified that if the origin of plants and goods are not registered with authorities in Vietnam, they will not be allowed to be imported into the country. Goods imported into Vietnam must come from nations which the competent authorities in Vietnam recognize fully meet the requirements for food safety. Goods should also be packaged in the appropriate way, have secondary labeling in Vietnamese, or are labeled in Vietnamese and have been tested and certified as safe. Continue reading

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Logistics Industry Outlines New Strategies to Catch Bigger Opportunities

Jun. 27 – The Vietnamese logistics market is still at a very early stage of development, so there are still various difficulties in this area. Nonetheless, the logistics industry is a huge contributor to the country’s gross domestic product. To increase development, logistic companies in the country are looking at new strategies and try to catch bigger opportunities in 2011.

The World Bank ranked Vietnam alongside China, India, Thailand, Uganda, the Philippines and South Africa as the fastest growing developing nations in terms of economy. Continue reading

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Vietnam to Invest in Water-Related Infrastructure

Mar. 31 – Vietnam’s government aims to boost the nation’s shipping volume by more than 400 percent over the next 10 years by investing heavily in its ports.

The emergent Southeast Asian economy is channeling billions of dollars into building ports for container ships in a move to draw export-oriented industry from China. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Ho Chi Minh City, Shipping & Logistics | Leave a comment

Cai Mep Agriculture Port in Ba Ria, Vung Tau Province Reopens

Dec. 8 – Cai Mep Agricultural Port, one of the region’s largest ports, reopened on December 1.

The 308-meter-long port closed to allow upgrade efforts to take place which aim to more than quadruple its capacity from 30,000 deadweight tons to 160,000 deadweight tons, and will eventually be able to accommodate 200,000 deadweight tons by the end of next year. Presently, it is capable of accommodating ships of up to 75,000 deadweight tons. Continue reading

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Vietnam to Open Up Express Delivery Market to Foreign Companies

Oct. 21 – To fully comply with WTO policies, Vietnam has committed to opening up its growing express delivery market to create a level playing field for both domestic and foreign express mailing companies.

Vietnam’s express delivery market has seen tremendous growth over the last few years with total revenue in the sector rising from US$50 million in 2007 to around US$200 million in 2010.

The country plans to open the market up in 2012 to allow joint ventures with 51 percent foreign-invested capital or the establishment of wholly foreign-owned companies in the next five years, Paul Needham, chief editor of CEP Research, told Vietnam News. Continue reading

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Single Customs Window Pilot Project to Improve Vietnam Trade

Sept. 28 – Vietnam is working towards improving its trade process with a single window customs pilot project backed by the U.S. Trade and Development Agency.

“This pilot project will help to increase revenue, enforce trade compliance regulations and reduce the cost of cargo movement into Vietnam, an increasingly important partner for the United States in Southeast Asia,” U.S. Ambassador Michael W. Michalak said when the US$718,600 grant was signed on September 15. Continue reading

Posted in Business, Culture and History, Economy and Politics, FDI and Foreign Trade, Manufacturing, Shipping & Logistics | Leave a comment

Early Warning Web Site Launched to Help Prevent Anti-Dumping Cases

Sept. 24 – The Vietnam Competition Authority and and the Global Competition Fund of Denmark launched an early warning web site on Wednesday to help prevent anti-dumping cases and support exporters in Vietnam.

The web site is available in Vietnamese and English and initially concentrates on the Vietnam’s top export products: garments and textiles, footwear, seafood, wood products and electric cables for the U.S. and EU markets. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Legal and Regulatory, Manufacturing, Retail, Shipping & Logistics | Leave a comment

Authorities Promise to Lower Port Fees

Sept. 23 – Vietnam’s Ministry of Finance has promised to lower port fees in response to letters received from the European Chamber of Commerce in Ho Chi Minh City in April and August.

The EuroCham letters pointed out that fees for the Cai Mep–Thi Vai port are as much as two to four times more expensive compared to other ports in the region, particularly Singapore and Malaysia. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Ho Chi Minh City, Legal and Regulatory, Shipping & Logistics | Leave a comment

Dong Thap Province Seeking US$1.07 Billion for Transport Investment

Sept. 22 – Dong Thap Province in southern Vietnam is seeking VND21 trillion (US$1.07 billion) in investments to upgrade its road and port systems by 2020.

The province is known for its agriculture-based economy, but is working towards shifting to more industry and trade-oriented businesses. It wants to expand trade capacity by developing ports IDI, Bao Mai, Sa Dec, Trang Quoc and others in the Hong Ngu commune. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Shipping & Logistics | Leave a comment

Major Port Near HCMC to Open Second Phase

Sept. 1 – The country’s largest container seaport, Tan Cang-Cai Mep, will open its second phase later this year; allowing it to receive ships with a loading capacity of up to 110,000 tons.

The port is located in Ba Ria-Vung Province in southern Vietnam. Its second phase expansion spanning 40 hectares will include two new wharves with a total length of 600 meters and a container warehouse. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Shipping & Logistics | Leave a comment




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