The Ministry of Finance and the Japan International Cooperation Agency (JICA) on March 22 inked a ¥2,661 million non-refundable aid agreement for e-customs development in Vietnam.
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The signing ceremony of the JICA-funded project, Hanoii, March 22, 2012 – Photo: VGP/Huy Thang
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The aid will be used for a project to build and implement e-customs and national one-stop-shop customs mechanism in favor of customs modernization.
The project aims to transfer Japanese automatic customs system to Vietnam and assist the receiving country in successfully deploying the national one-stop-shop customs mechanism.
The non-refundable aid will be spent on developing the Vietnam Automated Cargo and Port Consolidated System and Việt Nam Customs Information System (VNACCS/VCIS) to facilitate the circulation of imports and exports and establish a portal for the realization of one-stop-shop customs.
The project is expected to finalize in 2014 after 35 months of implementation./.