HCM CITY, VIETNAM, March 9 — According to data from the General Directorate of Customs, state budget collection from export-import activities reached VN56.3 trillion (US$2.37 billion) in the first two months of 2023, or 13.3 percent of the year's plan, a 19.4 percent decrease year on year.
In the first two months, the country's total export-import value was more than $96 billion, down 13% year on year. According to
Import Export Data, Exports were valued at $49.44 billion, a 10% decrease, and imports were worth $46.62 billion, a 16% decrease.
This year, the National Assembly has charged the General Department of Customs with collecting VN425 trillion ($17.9 billion) in State budget income.
Exports were valued at $49.44 billion, a 10% decrease, and imports were worth $46.62 billion, a 16% decrease.
This year, the National Assembly has charged the General Department of Customs with collecting VN425 trillion ($17.9 billion) in State budget income.
According to economic expert in Trng Thnh of the Academy of Finance, meeting the aim will be difficult due to a fall An global consumer demand is caused primarily by rising inflation and economic recession in most countries, which has harmed the country's import and export activity.
As a result, all customs operations will be completed digitally across the country. Under the national single window system, the industry will also increase connection and digital transformation.
It will tighten customs procedures and tax administration inspection, particularly post-customs clearance inspection and a specialized inspection. It will also concentrate on combating smuggling and commercial fraud. — VNS
