March 22, 2012
Today, the Japan International Cooperation Agency (JICA) signed a Grant Agreement (G/A) with the government of the Socialist Republic of Vietnam to provide grant aid of up to 2.661 billion yen for assistance for the Project for E-Customs and National Single Window for Customs Modernization.
Since the introduction of doi moi reform policy in 1986, market liberalization has progressed in Viet Nam, which has achieved high economic growth driven by exports and foreign direct investment including investment from Japan. Also, since joining the World Trade Organization (WTO) in 2007, Vietnam has seen import and export volumes grow dramatically in conjunction with a rapid rise in direct foreign investment. Accordingly, it has become essential to make the procedures for exports, imports including customs clearance more efficient through the use of information technology toward developing the business infrastructure through smooth trade.
To solve this issue, the government of Viet Nam requested JICA for cooperation in developing automated customs system based on technologies of the Nippon Automated Cargo and Port Consolidated System (NACCS) and the Customs Intelligence Database System (CIS), two advanced customs systems developed in Japan.
Under this project, customs systems will be developed based on Japanese technologies with the aims of shortening the time of customs clearance procedures, reducing logistics costs and decreasing governmental administration costs. It is expected that this project will facilitate trade in Vietnam and deepen the economic relationship between Viet Nam and the world, including Japan.