Japan provided over JPY12.6 billion (US$32 million) in aid to help Vietnam modernise its customs system towards achieving a National Single Window.
The Grant Agreement based on a three-year project known as “Project for E-Customs and National Single Window for Customs Modernisation” was signed between the Ministry of Finance and the Japan International Cooperation Agency (JICA) in the capital on March 22.
The project aims to help Vietnam implement the National Single Window that is essential in facilitating trade and investment as well as enhancing efficiency in customs management.
Japan will provide its customs automation system, integrated with the National Single Window system (NACCS), to Vietnam customs.
JICA will dispatch experts to help formulate long-term strategies in information technology application.
Experts will also help establish mechanisms for effective management, operation, maintenance and upgrading of information technology while reviewing amendments in the current legal framework within which to introduce the automation system and providing capacity building for IT experts.