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Overcoming barriers to promote import and export growth

16/08/2022
Blog/ Logistics Trend

According to statistics from the General Department of Customs, Vietnam earned $371.32 billion from import and export in the first six months of 2022, up 16.4% over the same period in 2021. This is positive effect in the context of the complicated development of the COVID-19 pandemic and the Russia-Ukraine conflict.

During the difficulties caused by the pandemic and the "Zero Covid" policy of China (Vietnam's largest trading partner) and the Russia-Ukraine conflict, the Customs sector of Vietnam has promptly implemented synchronous and drastic solutions. Specifically, in the first months of 2022, with the "Zero-Covid" strategy, China stopped customs clearance at all border gates and openings, leading to congestion of goods at the Northern border gate. In that situation, the General Department of Customs established a working group to assist in solving problems related to customs procedures to support businesses in the process of carrying out customs clearance procedures.

Please look at our infographic below to know more about which activities our Customs sector does to maintain the global chain for promoting import-export growth.

Overview of removing obstacles to promote IMEX Growth

Author: InterLOG sythetic & edit
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