State budget revenue from imports, exports up 13.2% in January
State budget revenue from exports and imports in January reached 30.64 trillion VND (1.25 billion VND), equivalent to 8.2% of the estimate, and up 13.2% year-on-year, the General Department of Vietnam Customs (GDVC) reported on February 6.
At the Kim Thanh II International Border Gate. (Photo: VNA)
Hanoi (VNA) – State budget revenue fromexports and imports in January reached 30.64 trillion VND (1.25 billion VND),equivalent to 8.2% of the estimate, and up 13.2% year-on-year, the GeneralDepartment of Vietnam Customs (GDVC) reported on February 6.
Total export-import value in the first month of theyear was estimated at 64.22 billion USD, a rise of 5.5% month-on-month, withexports up 6.7% to 33.57 billion USD, and imports up 4.2% to 30.65 billion USD.
The GDVC was assigned by the National Assembly tocollect 375 trillion VND for the state coffer this year, with 204trillion VND expected to come from exports and imports.
The agency said it will continue with the reform ofcustoms policies and procedures, ensure state management and prevent tradefraud, while creating a full legal foundation for the building and implementationof a digital and smart customs model, thus facilitating trade and contributing to meetinggrowth targets.
Vietnam's goods imports and exports in 2023 fell shortof the 700-billion-USD mark achieved in the previous year, estimating at 683billion USD, down 6.6% year on year, according to the General Statistics Office(GSO).
Specifically, the country's exports went down by 4.4% while imports dropped by 8.9%, attributed to a decline in the globaldemand.
However, the country achieved a record-breaking tradesurplus of 28 billion USD, significantly surpassing the figure of 12.1 billionUSD recorded last year./.
The State budget revenue was estimated at over 1,223 trillion VND (50.8 billion USD) in the first nine months of this year, or 75.5% of the estimate, marking an annual decrease of 8.3%, according to the Ministry of Finance.
The tax sector collected more than 1,048 trillion VND (nearly 43 billion USD) for the State budget in the first nine months of 2023, equivalent to 76.3% of the estimate for the whole year and 94.9% compared to the figure in the same period last year, the General Department of Taxation reported on October 4.
The State budget collection from import-export activities topped 335.1 trillion VND (13.8 billion USD) during January – November, or 78.9% of the estimate, marking a year-on-year decrease of 16.8%, the General Department of Vietnam Customs said on December 6.
The total revenue to the State budget as of December 25 surpassed 1.69 quadrillion VND (nearly 69.5 billion USD), up 4.5% compared to the yearly estimate, heard a conference hosted by the Ministry of Finance in Hanoi on December 27.
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At the Kim Thanh II International Border Gate. (Photo: VNA) 
