Vietnam Time

7/10/2019 11:56:02 PM

USAID Trade Facilitation Program launched

US Ambassador to Vietnam Daniel J. Kritenbrink and Deputy Prime Minister Vuong Dinh Hue attended the official launch of the USAID Trade Facilitation Program on July 10.

At the event. Photo: USAID Vietnam

This five-year program helps the Vietnamese Government adopt and implement a risk based approach to the clearance of goods at Vietnam’s borders by customs and specialized inspection institutions.

This will facilitate implementation of the World Trade Organization’s Trade Facilitation Agreement (TFA), of which both Vietnam and the United States are members, and assist Vietnam in achieving its development objectives while reducing the time and cost to trade and promoting import-export.

The project will work with GDVC to strengthen Vietnam’s National Trade Facilitation Committee (NTFC) and NTFC working groups; streamline border clearance procedures (including specialized inspections implemented by other ministries and agencies); harmonize the implementation of risk-based approaches between the national and provincial levels; train customs officers on risk management and facilitate national-provincial dialogue as well as dialogue between customs and business./.

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