Customs budget collection tops 12 billion USD

The customs sector collected over 12.14 billion USD in taxes as of November 30, a year-on-year rise of 7.27 percent.

The customs sector collected over 12.14 billion USD in taxes as of November 30, a year-on-year rise of 7.27 percent.

The outcomes were attributed to the surge in import-export turnover which hit nearly 440 billion USD, up over 13 percent against the same period last year.

Of which, the export earnings reached more than 223 billion USD, up 14.5 percent year-on-year. Meanwhile, the import value was 216 billion USD, a year-on-year rise of 12 percent.

By the end of November 2018, the customs sector collected over 11.5 billion USD of taxes through the banking system.-VNA

VNA