State budget revenues in the customs sector in the first half of 2013 fell short of the year’s plan but results were encouraging in the context of a struggling economy, the General Department of Customs has said.
The six-month total revenue was estimates at 96 trillion VND (4.57 billion USD), accounting for only about 40 percent of the year’s target.
But with improved import-export values, a rise in petroleum tariffs and some major firms boosting foreign trade activities, the revenue figure showed an increase of 5.5 percent compared to the same period last year, Customs departments in many provinces, including Dong Thap, Khanh Hoa, Hai Phong and Can Tho, posted remarkable year-on-year rises in State budget revenues.
As of June 15, budget revenues in Dong Thap reached 231.6 billion VND (11 million USD) up 89.94 percent; Khanh Hoa 1.74 trillion VND (83 million USD) up 63.03 percent ; Hai Phong 14.63 trillion VND (697 million USD) up 14.83 percent; Can Tho (261.59 trillion VND (12.46 million USD) – up 4.81 percent.
These positive figures come as a result of greater authority efforts to facilitate import and export over the last few months, the general department said.
For the remainder of the year, the general department said it would continue to help import-export businesses solve difficulties, expand the application of electronic customs procedures and carry out appropriate measures to prevent tax revenue losses.
In the first half of this year, the total import-export value was estimated at 125.51 billion USD, up 16.8 percent year-on-year.-VNA
The six-month total revenue was estimates at 96 trillion VND (4.57 billion USD), accounting for only about 40 percent of the year’s target.
But with improved import-export values, a rise in petroleum tariffs and some major firms boosting foreign trade activities, the revenue figure showed an increase of 5.5 percent compared to the same period last year, Customs departments in many provinces, including Dong Thap, Khanh Hoa, Hai Phong and Can Tho, posted remarkable year-on-year rises in State budget revenues.
As of June 15, budget revenues in Dong Thap reached 231.6 billion VND (11 million USD) up 89.94 percent; Khanh Hoa 1.74 trillion VND (83 million USD) up 63.03 percent ; Hai Phong 14.63 trillion VND (697 million USD) up 14.83 percent; Can Tho (261.59 trillion VND (12.46 million USD) – up 4.81 percent.
These positive figures come as a result of greater authority efforts to facilitate import and export over the last few months, the general department said.
For the remainder of the year, the general department said it would continue to help import-export businesses solve difficulties, expand the application of electronic customs procedures and carry out appropriate measures to prevent tax revenue losses.
In the first half of this year, the total import-export value was estimated at 125.51 billion USD, up 16.8 percent year-on-year.-VNA
