The customs sector’s state budget collection in the four months increases 25.44 percent due to increase in imports. (Photo: VNA) Hanoi (VNA) – The customs sector’s state budget collection exceeded 120trillion VND (5.18 billion USD) by the end of April, up 25.44 percent from thesame period last year.
The General Department of Vietnam Customs said the amount accounted for 37percent of the estimate for the whole year.
The outcome was attributed to a surge in import-export turnover which hit156.81 billion USD, a year-on-year increase of 8 percent. Of which, exportearnings reached 78.76 billion USD, up 5.8 percent, while import value wasestimated at 78.05 billion USD, up 10.4 percent.
State budget collection in most of the cities and provinces’ customsdepartments ranged between 30-40 percent of their yearly plan. The rate in HaiPhong city was 47.39 percent, HCM City 33.97 percent and Hanoi 31.78 percent.
Thanks to strong increase in imports of several projects, the customs departmentsin Binh Dinh, An Giang, Tay Ninh, Kien Giang and Khanh Hoa provinces recordedhigh tax collection in the four months, respectively accounting for 92.24percent, 96.1 percent, 119.68 percent, 288.75 percent and 155.49 percent of theyearly target.-VNA
VNA
