Cao Bang customs collects more than VND61 billion in the first month of the year

	Cao Bang Customs processes procedure for 146 automobiles imported from China
	Cao Bang Customs earns over VND546 billion in revenue
	Cao Bang expedites upgrade of Tra Linh Border Gate to International Border Gate

Customs officers of Tra Linh border gate Customs branch at work (Cao Bang Customs Department). Photo: H.Nu

According to Cao Bang Customs Department, in January 2024, the total import-export turnover of the whole Department soared 261% year-on-year to more than US$70 million.

Of which, exports reached US$58.96 million, up 530% and imports reached US$11.09 million, up 11% over the previous month

Import and export goods are mainly agricultural products, machinery and equipment, cars, lead ingots, coal of all kinds.

Regarding budget revenue, the whole department earned VND61.04 billion VND, down 17% over the same period last year, but reaching 105% of the plan set by the unit in January 2024.

The trade turnover surges but tax revenue decreases. This is because the exported items are mainly agricultural products (no tax was incurred), and imported items with a large tax revenue such as: garment fabric, coal, cars and machinery and equipment declined.

Cao Bang Customs carries out procedures for nearly 10,000 imported cars

Regarding the implementation of budget collection task in February 2024, Cao Bang Customs Department estimates that the unit will collect VND56 billion (lower than it in January due to the Lunar New Year holiday of Dragon).