Cross-border trade has become more vibrant than ever with the growth of the Internet and the technology sector in general. Experts all agree that technology contributes to bridging the gap.
From January 1, 2026, traders who export goods via official channels must report their exit of the country at either border gates or border crossing points approved by bilateral trade agreements.
Many Vietnamese firms want to boost exports of agricultural products to China via official channels to gain higher added value and avoid risks from unofficial cross-border trade, but face a number of difficulties in seeking to bring their trade above-board.
Regional policymakers on Wednesday gathered to discuss key issues on taxation in Asia and called on a closer cooperation in international tax reform on the back of expansion of economic integration and cross-border trade and investment.
Prime Minister Nguyen Xuan Phuc urged ASEAN countries to take measures to facilitate cross-border trade and investment while warning the re-emergence of protectionism on December 8.