Vietnam posted an all-time high import of automobiles with 173,467 units valued at 3.84 billion USD last year, surpassing the previous record of about 160,000 units in 2021, reported the General Department of Vietnam Customs.
Under the sound leadership of the Party Central Committee and with the motto “Solidarity, discipline, active adaptation, safety, efficiency and economic recovery”, the Government and the entire country have overcome challenges and reaped achievements in all spheres, laying foundation for 2023 and subsequent years.
General Director of the General Department of Vietnam Customs (GDVC) Nguyen Van Can and Director-General of the European Anti-Fraud Office (OLAF) Ville Itälä signed a customs administrative cooperation agreement between the Vietnamese Finance Ministry and OLAF in Brussels on December 14.
The development of international trade and the growth of import-export turnover have required the customs sector to promptly reform so that it could deal with the increasing workload.
Prime Minister Pham Minh Chinh’s visits to Luxembourg, the Netherlands and Belgium are expected to open up new opportunities for Vietnam to foster partnership with the three European countries, according to experts.
Vietnam exported 4.94 billion USD worth of goods to Cambodia in the first 10 months of this year, up 25.6% year on year, higher than the figure recorded in the whole 2021, according to the General Department of Vietnam Customs.
Vietnam’s import of meat and meat products is not expected to increase dramatically later this year thanks to abundant supply at home that basically meets demand, according to experts from the Ministry of Industry and Trade’s Department of Import-Export Management.
The General Department of Vietnam Customs has asked relevant parties to boost the exportation of agricultural products by rail, especially across the northern border, in response to overloaded land transport and soaring costs.
The General Department of Vietnam Customs announced on October 4 that its state budget revenue surpassed 328.83 trillion VND (13.77 billion USD) in the first nine months of 2022, up 14.7% year-on-year.
Vietnam's coffee has been shipped to more than 80 countries and territories, making the country the second biggest exporter in the world, with a market share of 14.2%.
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments.
Vietnam raked in 29.17 billion USD from phone and component exports during the first half of the year, representing a rise of 16.4% on-year, according to the General Department of Vietnam Customs.
Tuna export turnover in 2022 is expected to reach about 1.1 billion USD, up 45% from the previous year, considering a 56% growth in the first six months of the year, according to statistics of the General Department of Vietnam Customs.
A year after the UK-Vietnam Free Trade Agreement (UKVFTA) came into effect in early 2021, trade between the two countries has shown significant growth despite the impact of the COVID-19 pandemic, said an official of the Ministry of Industry and Trade (MoIT).
Vietnam exported around 110,000 tonnes of rubber worth 181 million USD in May, up 40.4 percent in volume and 27.9 percent in value against the previous month.
A seminar was held by Customs E-Magazine in Ho Chi Minh City on April 6 to discuss synchronous solutions to cut input and commercialisation costs, thus reducing import-export spending.
The State budget revenue from export and import reached 107.3 trillion VND (nearly 4.7 billion USD) in the first quarter of 2022, up 22.44 percent year on year.
Business
