Crude oil accounts for 77.9% of revenue source of Thanh Hoa Customs

VCN - By the end of September, Thanh Hoa Customs Department collected VND9,345 billion for the state budget, equaling 91.62% of the target assigned by the Ministry of Finance.
Customs officers of Nghi Son port Customs Branch perform professional tasks. Photo: P.Nhân
Customs officers of Nghi Son port Customs Branch perform professional tasks. Photo: P.Nhân

In the revenue structure of Thanh Hoa Customs Department, the majority was imported crude oil of Nghi Son Refining and Petrochemical Co., Ltd.

By the end of September 2021, Nghi Son Refining and Petrochemical Company Limited imported 24 shipments of crude oil; equivalent to 47.39 million barrels. The paid tax amount is more than VND7,278 billion, accounting for 77.9% of the total revenue of Thanh Hoa Customs Department.

Besides the revenue from imported crude oil, the revenue from other sources totalled VND2,067 billion. In particular, it mainly comes from importing raw materials for production, machinery and equipment of Nghi Son Iron and Steel Corporation (VND1,039 billion); Viet Nhat Advanced Steel Joint Stock Company (VND106 billion); Nghi Son Refining and Petrochemical Company Limited (VND122 billion); Nghi Son 2 Power Limited Liability Company (VND122 billion); North Continental Oils & Fats Vietnam Company Limited (VND104.8 billion); and Lam Son Sugar Joint Stock Corporation (VND 83.8 billion).

With the current collection rate, Thanh Hoa Customs Department is expected to reach nearly VND10,225 billion by the end of October 2021, achieving the target assigned by the Ministry of Finance.

By N.Linh/Thanh Thuy

Related News

Five key northern local customs departments signed an emulation agreement

Five key northern local customs departments signed an emulation agreement

VCN - Five local customs departments belonging to Emulation Cluster No. 3 of the General Department of Vietnam Customs (including Hai Phong Customs Department, Hanoi Customs Department, Quang Ninh Customs Department, Bac Ninh Customs Department and Ha Nam Ninh Customs Department) signed an emulation agreement, striving to complete assigned tasks.
The General Department of Vietnam Customs strives to promote import and export growth

The General Department of Vietnam Customs strives to promote import and export growth

VCN - On April 15, the General Department of Vietnam Customs held an online briefing conference to evaluate the results of the first quarter of work and deploy the work program for the second quarter of 2024. According to the authorization of the Director General, Deputy Director General Nguyen Van Tho chaired the conference.
The Tax sector’s revenue collection reached 33% of current appropriation

The Tax sector’s revenue collection reached 33% of current appropriation

In the first quarter of the year, total revenue managed by Tax agency was estimated at VND490,196 billion, equal to 116.9% of the current appropriation in the first quarter, equivalent to 33% of the current appropriation, an increase of 10.9% over the same period in 2023
The Customs sector collected more than VND 88 trillion in revenue in the first quarter of 2024

The Customs sector collected more than VND 88 trillion in revenue in the first quarter of 2024

VCN - The Customs sector's revenue collection results in March increased compared to the previous month, but in general, the result of the first quarter dropped compared to the same period last year.

Latest News

Vietnam Customs actively promotes cooperation activities

Vietnam Customs actively promotes cooperation activities

VCN – In the first quarter of 2024, international cooperation and integration activities were actively implemented and planned by Vietnam Customs. Notably, Vietnam Customs has urgently completed plans for the 33rd meeting of the ASEAN Directors-General of Customs in June in Phu Quoc (Kien Giang province).
PM requests to continue improving efficiency of digital transformation in customs

PM requests to continue improving efficiency of digital transformation in customs

VCN - Prime Minister Pham Minh Chinh has just signed a document requesting ministries, central and local agencies to continue to improve the efficiency of digital transformation in the customs field.
Ho Chi Minh City Customs proactively applies IT in customs supervision

Ho Chi Minh City Customs proactively applies IT in customs supervision

VCN - To effectively monitor goods entering and exiting the warehouse, yard and port system in the management area, Ho Chi Minh City Customs Department has proactively applied surveillance using a camera system, increasing the screening rate.
A company must not  pay tens of billions of VND in tax arrears thanks to support by the Customs

A company must not pay tens of billions of VND in tax arrears thanks to support by the Customs

VCN – Mr. Nguyen Van Bao, Deputy General Director of Dalat Hasfarm Co., Ltd. shared this matter at the first Customs-Business Dialogue Conference in 2024 held by Dak Lack Customs Department on April 16.

More News

Noi Bai Customs: dealing with to drug crimes using high technology

Noi Bai Customs: dealing with to drug crimes using high technology

VCN - The tricks that trafficker use to illegally transport drugs via air and express delivery are increasingly sophisticated, complex, and constantly changing to bypass the Customs and management authorities.
Vietnam Customs with outstanding results in ASEAN cooperation

Vietnam Customs with outstanding results in ASEAN cooperation

VCN - Along with the integration trend, Vietnam Customs is always an active member in implementing regional customs cooperation initiative programs regarding international cooperation on customs within the Association of Southeast Asian Nations (ASEAN) community.
Ha Nam Ninh Customs Department holds Customs-Businessdialogues to remove problems for businesses

Ha Nam Ninh Customs Department holds Customs-Businessdialogues to remove problems for businesses

VCN – On April 16, Ha Nam Ninh Customs Department held a Customs-Business Dialogue Conference 2024, Representativesof Ha Nam Ninh Customs Department made recommendations for enterprises in implementing customs policies, regulations and procedures; and preventing errors and sharing experiences to handle problems related to customs area.
Dong Thap Customs: Proactively guide procedures, reduce customs clearance time for imported and exported goods

Dong Thap Customs: Proactively guide procedures, reduce customs clearance time for imported and exported goods

VCN - One of the key tasks that Dong Thap Customs Department has focused on in recent times is the work of guiding and answering timely procedures for businesses, in which the Professional Department - Dong Thap Customs Department has proactively responded specifically to businesses’ problems.
Piloting the exchange of export declaration with Eurasian Economic Union

Piloting the exchange of export declaration with Eurasian Economic Union

VCN - Vietnam has completed phase 1 of piloting the exchange of export declaration with Eurasian Economic Union.
Ho Chi Minh City Customs: Rapidly handling more than 1,600 billion VND in bad debts

Ho Chi Minh City Customs: Rapidly handling more than 1,600 billion VND in bad debts

VCN - To handle and recover nearly 1,900 billion VND in tax debt, Ho Chi Minh City Customs Department directed its under and directly under units to implement many drastic solutions right from the first months of 2024.
Da Nang Customs: Sharing experiences about risk management when making customs settlement report

Da Nang Customs: Sharing experiences about risk management when making customs settlement report

VCN - To support enterprises in improving supply chain risk management capacity, on April 16, Da Nang Customs Department collaborated with Vietnam Industry Supporting Alliance (VISA) and InterLOG to hold a seminar with the topic "Customs Settlement Report" for businesses engaged in processing, export production, and export processing activities.
Lang Son Customs supports warehouse operators

Lang Son Customs supports warehouse operators

VCN – In order to remove difficulties for warehouse operators in Lang Son province, Lang Son Customs Department has worked and dialogued with the operators. Through discussion, enterprises have highly appreciated the great effort by the Customs in resolving problems in customs process.
Praising competent authorities for seizure 100 kg of meth in Quang Tri

Praising competent authorities for seizure 100 kg of meth in Quang Tri

VCN - On the afternoon of April 12, 2024, at the headquarters of Quang Tri Customs Department, the General Department of Customs organized a reward program for collectives and individuals of the Customs, Police, and Border Guard who have achieved outstanding achievements in seizing 100kg of drugs on March 30, 2024.
Read More

Your care

Latest Most read
Vietnam Customs actively promotes cooperation activities

Vietnam Customs actively promotes cooperation activities

VCN - Vietnam Customs has actively developed and proposed to competent agencies for approval of multi and bilateral cooperation projects, topics, and programs.
Five key northern local customs departments signed an emulation agreement

Five key northern local customs departments signed an emulation agreement

Five local customs departments belonging to Emulation Cluster No. 3 of the General Department of Vietnam Customs signed an emulation agreement, striving to complete assigned tasks.
PM requests to continue improving efficiency of digital transformation in customs

PM requests to continue improving efficiency of digital transformation in customs

VCN - Prime Minister Pham Minh Chinh has just signed a document requesting ministries, central and local agencies to continue to improve the efficiency of digital transformation in the customs field.
The General Department of Vietnam Customs strives to promote import and export growth

The General Department of Vietnam Customs strives to promote import and export growth

General Department of Vietnam Customs held an online briefing conference to evaluate the results of the first quarter of work and deploy the work program for the second quarter of 2024
Ho Chi Minh City Customs proactively applies IT in customs supervision

Ho Chi Minh City Customs proactively applies IT in customs supervision

VCN - To effectively monitor goods entering and exiting the warehouse, yard and port system in the management area, Ho Chi Minh City Customs Department has proactively applied surveillance using a camera system, increasing the screening rate.
Mobile Version