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Vietnam Officials Work to Resolve Trade Bottlenecks – VN News

Customs officials say the ongoing congestion has caused losses of nearly 2 trillion dong ($87.5 million) to export firms so far


Women at work in a garment export factory
Women work at Hung Viet garment export factory in Vietnam's Hung Yen province. The FDI figures showed 57.2% of pledges were for manufacturing and processing, while 26.1% would go to real estate. Photo: Reuters

 

As China continues to impose strict measures on people and goods entering the country, Vietnamese authorities are putting forward solutions to ease trade bottlenecks at border gates, Viet Nam News reported.

According to Vietnam’s General Department of Customs, the ongoing congestion has caused losses of nearly 2 trillion dong ($87.5 million) to export firms so far.

Read the full report: Viet Nam News.

 


 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.