Receiving the invitation of Industry & Commerce Ministry of Vietnam, Mrs. Cao Yen - Deputy Minister of Trading Ministry leading the econmic delegation to visit Vietnam; Mr. Tran Quoc Khanh - Deputy Minister of Industry & Commerce Ministry resided the 10^th meeting of Vietnam - China economic cooperation Committee in the afternoon of September 28, 2017 in Hanoi.

The 10^th meeting of Vietnam - China economic cooperation Committee

At the meeting, two parties had reviewed economic cooperation situation between two countries, simultanously, exchanged deeply about economy, trading, industry which both are interested in. Two parties are glad to realize that Vietnam - China relationship is going on developing strongly, the turnover of import is although high, it is decreasing. China is the trade biggest partner of Vietnam. Vietnam is also be the trade biggest partner of China in Asean and be the 9^th trade partner of China in the world.

The 10^th meeting of Vietnam - China economic copperation committe had occured in a friendship, honest and straight atmosphere and get nice results. Two parties assumed to strengthen the cooperation among ministries, departments to solve problems, to contribute nicely in strategic cooprative partner relationship between two countries.

Two parties signed the minutes of 10th meeting of Vietnam - China economic cooperation committee

According to: http://tapchicongthuong.vn/viet-nam-la-doi-tac-thuong-mai-lon-nhat-cua-trung-quoc-trong-asean-2017092807507767p77c3.htm

Collector:  Nguyen Tran Thai Hoa  Translator :  Nguyen Tran Thai Hoa  

On Sep 11, 2017, at Huu Nghi international border gate, Lang Son province, permanent Deputy Primister Truong Hoa Binh had announced traffic opening of freight transport at international border gate of Huu Nghi (Vietnam) - Huu Nghi Quan (China).

Prime Minister Truong Hoa Binh and representatives cut the inauguration band for traffic opening at international Huu Nghi - Huu Nghi Quan border gate

This is an important event strengthening relationship of trade and business cooperation between Lang Son and Guang Xi. At once, it shall contribute into the global strategic partner relationship between Vietnam and China. Besides, the event shall also create important basics for enterprises to exchange trading, import and export, to grow turnovers between Vietnam - China and ASEAN area.   

According to: http://baochinhphu.vn/Tin-noi-bat/Thong-xe-tuyen-duong-chuyen-dung-van-tai-hang-hoa-Viet-NamTrung-Quoc/316277.vgp

        Collector:  Nguyen Tran Thai Hoa  Translator :  Nguyen Tran Thai Hoa  

On September 12, Deputy Prime Minister Truong Hoa Binh and Deputy Prime Minister of the State Council of China Truong Cao Le and leaders of ASEAN countries attended the opening ceremony of China-ASEAN trading exhibition (CAEXPO) and Conference of the 14th China-Asean Business and Investment Summit (CABIS) in China.

Deputy Prime Minister Truong Hoa Binh visited Trung Quan Thon High Tech Zone

In the exhibition, Deputy Prime Minister Truong Hoa Binh expressed that China - Asean Exhibition was an important event on 50 years anniversaryof Asean establishment; it mentioned the advantages for the cooperation between Asean and China; it also affirmed that China - Asean Exhibition and China - Asean Business and Investment Summit Conference contributed to the growth of Asean - China strategic partner relationship. Vietnam always appreciated the exhibitions.

Deputy Prime Minister Truong Hoa Binh introduced potentiality and determination of Vietnam to intergrate and contribute into common matters in area and global. He also said that Vietnam always appreciates and supports Asean - China cooperation; to be the bridge between Asean and China, together with Asean countries to promote the cooperation in peace, to offer solutions for the benefits of parties and for the growth and the prosperity in area.

Member of the standing committee of Political Ministry, Deputy Prime Minister of the State Council of China Truong Cao Le also expressed the importance of cooperation relationship with Asean, he simultanously proposed policies in future, especially to consolidate political belief for the cooperation in economic, human resource.

(Reports: http://anninhthudo.vn/the-gioi/viet-nam-luon-coi-trong-va-ung-ho-hop-tac-asean-trung-quoc/741140.antd)

Collector：Pham Thi Ngoc Chon        Translator:  Nguyen Tran Thai Hoa     

In the morning August 31st, 2017, Planning and Investment Department and Tien Giang Industrial Zone Authority (TIZA) had signed the cooperation mechanism agreement on investment procedures and business registration of foreign investors in Tien Giang in accordance with Circular 02/2017/TT-BKHĐT dated April 18, 2017 by Planning and Investment Ministry, one door mechanism for short.

Planning and Investment and TIZA signed the cooperation mechanism agreement

Then, assignment shall comply according principles such as: Investment law, business law, Decree 118/2015/NĐ-CP, Circular 02/2017/TT-BKHĐT; to specify the right and responsibility of two authorities and other departments on administrative procedures of foreign investors; not to arise troubles make investors inconvenient and to solve documents according to one door mechanism, not to exceed the time to solve the documents.

The investors may choose business registration according to one door mechanism regulated in the Circular 02/2017/TT-BKHĐT or according to Investment Law, Business Law and other gudances to solve one by one.

According to: http://baoapbac.vn/kinh-te/201708/tien-giang-tiep-tuc-tao-dieu-kien-thuan-loi-cho-nha-dau-tu-nuoc-ngoai-755136/

         Collector:  Nguyen Tran Thai Hoa  Translator :  Nguyen Tran Thai Hoa 

Minister and director of Government’s Office, Mr, Mai Tien Dung said that Government shall decrease the input expense for enterprises because total of unsold administrative formalities are now up to 5,719 sets.

 The spokeman of Government said that, in the morning of August 3rd, under the instruction of Prime Minister Nguyen Xuan Phuc, Government discussed reducing input cost for business, taxes and fees such as road tolls through BOT station, to reduce customs procedure and fees as well as administration...; At the same time the Government confirmed the determination to achieve growth of 6,7% this year.

The spokeman of Government added, the Prime Minister has assigned the Ministry of Finance continue to study and remove difficulties for businesses through policies on taxes, fees ... to help businesses cut back cost, develop the market, compete effectively.

Along with that, ministries and localities continue to speed up the reform of administrative procedures, focus on solving difficulties, creating favorable conditions for business development, especially promoting the progress of implementation of Resolution 19, Resolution 35, and Directives of the Prime Minister, such as strengthening tax declaration and payment; step by step to reduce the rate of specialized inspection of the customs clearance period from 30-35% to 15%; to reduce costs associated with import-export procedures to reduce the burden on businesses.

The Prime Minister assigned the State Bank to reduce the lending interest rates to reduce the cost of capital for businesses; At the same time, to consider and study the appropriate mobilization of gold and foreign currency sources among the population. To focus on credit for priority sectors (agriculture, export, supporting industries, small and medium enterprises, hi-tech enterprises ...); to guarantee to increase credit as plan to growth promotion.

(Reports: http://enternews.vn/chinh-phu-yeu-cau-ra-soat-hon-5-000-thu-tuc-giam-chi-phi-cho-doanh-nghiep-114915.html)

Collector：Pham Thi Ngoc Chon        Translator:  Nguyen Tran Thai Hoa