Business

Budget collection from import-export up 14.6%

Budget collection from import-export activities topped 362.4 trillion VND (14.57 billion USD) in the first 10 months of this year, equivalent to 86.3% of the set target and up 14.6% year-on-year, according to the General Department of Customs.
Budget collection from import-export up 14.6% ảnh 1Processing tra fish for export (Photo: VNA)
Hanoi (VNA) – Budget collection from import-exportactivities topped 362.4 trillion VND (14.57 billion USD) in the first 10 months of this year, equivalent to86.3% of the set target and up 14.6%year-on-year, according to the General Department of Customs.

The totalimport-export value in the period under review reached an estimated 616.2billion USD, up 14.1% from the same period last year, the department reported.

Of the figure, the export and import turnovers totaled 312.8 billion USD and over303.4 billion USD, representing year-on-year rises of 15.9% and 12.2%, respectively, leading to a trade surplus of 9.4 billion USD for Vietnam in the period.

The department said more measures will be taken in the remaining months of theyear to remove difficulties and obstacles facing businesses.

Attention will be paid to improving the business environment in order to makeit easier for enterprises to develop stably, thus promoting economic development and increasing budget collection, it added.

Other activities suchas post-customs clearance inspection, specialised inspection, fight againstsmuggling and commercial fraud, and inspection and control of imports and exports will be also strengthened./.
VNA
#Budget collection #import-export activities #trade surplus #Vietnamplus #Vietnam news #Vietnam News Agency
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