Car import turnover through Hai Phong exceeds half a billion dollars
Car import turnover by Hai Phong Customs Department increased sharply at the end of the year. Photo: T.Binh. |
According to Hai Phong Customs Department, in October, 2018, car import turnover reached US$ 72.8 million, up 83.6% over the same period in 2017.
Thus, by the end of October, total import turnover of this item by the Department reached nearly US$ 507 million.
According to statistics released by the General Department of Customs (9/11), by the end of October 2018, the country spent US$ 1.185 billion to import CBU cars of all types, with 52,769 units |
Remarkably, car import turnover by Hai Phong Customs accounted for nearly 43% of the country’s total car import turnover at the same time.
Cars are one of the key imported items in Hai Phong Customs Department with a sharp increase in turnover in the October compared to the same period of 2017. Because, the key items such as iron and steel, gasoline fell sharply while machinery and equipment showed a slight growth rate.
Specifically, in October, 2018, the import turnover of iron and steel reached nearly US$ 113.8 million, down 46.3% over the same period; Petroleum reached US$ 20.35 million, down 20.8%; machinery and equipment reached US$ 373.8 million, up 1.8% .
The sharp increase in car import turnover was one of the reasons that helped Hai Phong's revenue reach VND 5,677 billion. According to reporters, this is the highest revenue month of Hai Phong Customs Department since the beginning of the year.
Thereby, bringing the Department’s total revenue in 10 months to VND 43,100 billion, reaching 86.10% of the target assigned by the Ministry of Finance (VND 50,050 billion), reaching 85.10% of the target assigned by the General Department of Customs (VND 50,640 billion).
Hai Phong Customs collected nearly 4,780 billion VND in August VCN - The results of revenue collection last month was considered as the highest achievement from the ... |
As a result, in the last two months of the year, Hai Phong Customs must collect nearly VND 6,957 billion to fulfil the target assigned by the Ministry of Finance, equivalent to more than VND 3.478 trillion per month and must collect nearly VND 7,547 billion to achieve the target assigned by the General Department of Customs, equivalent to 3,773 billion per month.
According to preliminary information of the General Department of Customs, up to November 8th 2018, Hai Phong Customs Department’s budget revenue earned VND 44,631 billion, reaching 89.17% of the estimated target and 88.13% desired target. The Hai Phong Customs’ revenue contributed 17.08% of the sector’s total budget revenue in the same period. |
Related News
State budget revenue reached 85.1% of estimate
10:17 | 08/10/2024 Finance
Cao Bang Customs processes nearly 8,000 import-export declarations
14:07 | 01/10/2024 Customs
20,000 Chinese cars imported in 8 months
09:13 | 30/09/2024 Import-Export
Combat smuggling in sea areas of Hai Phong and Thai Binh
08:56 | 25/09/2024 Anti-Smuggling
Latest News
Online Talk show “Enterprises voluntarily comply with Customs law: Perspectives from both sides” to kick off from 9 am to 11 am on October 9
13:49 | 08/10/2024 Customs
Vietnam Customs strengthens global partnerships
10:50 | 07/10/2024 Customs
Customs sector has collected VND 300 trillion to state budget in 9 months
09:22 | 06/10/2024 Customs
Quang Ninh Customs attaches partnership development to reform activities
12:00 | 05/10/2024 Customs
More News
Experience in coordination between Customs and Border Guard on the Hoanh Mo border, Quang Ninh
11:57 | 05/10/2024 Customs
Binh Dinh Customs holds a thematic dialogue with wood industry enterprises
12:09 | 04/10/2024 Customs
Binh Thuan Port Customs: Accompanying and supporting business development
11:57 | 04/10/2024 Customs
Customs warns people trick of impersonating customs officer to sell liquidated products
10:20 | 03/10/2024 Customs
Appointing new Director of Bac Ninh Customs Department
10:20 | 03/10/2024 Customs
Nghe An Customs encourages enterprises to improve law compliance level
15:12 | 02/10/2024 Customs
Tax revenue from household applications and electronic components surges: Hanoi Customs
09:26 | 02/10/2024 Customs
GDVC’s Party Committee strives to accomplish political tasks
09:22 | 02/10/2024 Customs
Customs processes 5.2 million administrative applications
08:20 | 01/10/2024 Customs
Your care
Online Talk show “Enterprises voluntarily comply with Customs law: Perspectives from both sides” to kick off from 9 am to 11 am on October 9
13:49 | 08/10/2024 Customs
Vietnam Customs strengthens global partnerships
10:50 | 07/10/2024 Customs
Customs sector has collected VND 300 trillion to state budget in 9 months
09:22 | 06/10/2024 Customs
Quang Ninh Customs attaches partnership development to reform activities
12:00 | 05/10/2024 Customs
Experience in coordination between Customs and Border Guard on the Hoanh Mo border, Quang Ninh
11:57 | 05/10/2024 Customs