Customs offers many solutions to ensure budget revenue

VCN – Customs has actively offered many solutions for budget collection and achieved outstanding results. Trade facilitation and anti-trade fraud and anti-revenue loss solutions have brought positive effects.
Import and export increase - budget revenue increases but difficulties await Import and export increase - budget revenue increases but difficulties await
State budget revenue in six months of 2021: many tax departments report impressive results State budget revenue in six months of 2021: many tax departments report impressive results
HCM City Customs: Budget revenue reaches over VND62,000 billion HCM City Customs: Budget revenue reaches over VND62,000 billion

Customs collects VND31,000 billion on monthly basis

The entire Customs sector collected VND284,600 billion or 90.35% of the estimate, 84.5% of the desired target and 85% of the target assigned by the Ministry of Finance and up 22.45% year-on-year.

Customs received VND31,600 billion per month on average. In August and September alone, the figure was VND28,460 billion and VND24,600 billion respectively, down by 19.8% compared to previous seven months due to impacts of the Covid-19 pandemic.

Imports and Exports surged 25% year-on-year to US$ 485.68 billion. Taxable imports and exports recorded a rise of over 33% year-on-year to US$104.73 billion. Of which imports grew 34.8% to more than US$100 billion and exports grew 9.8% year-on-year to US$4.81 billion.

A Customs officer of Dinh Vu port Customs Branch under Hai Phong Customs Department inspects imported goods. Photo: T. Binh
A Customs officer of Dinh Vu port Customs Branch under Hai Phong Customs Department inspects imported goods. Photo: T. Binh

Commodities recorded large revenue from the same period last year such as: Iron and steel of all kinds rose 47.95% to US$10.62 billion; machines, equipment and spare parts rose 25.23% to US$20.78 billion; CBU cars of all kinds soared 69% to US$2.51 billion; and auto spare parts grew 34.9% to US$3.28 billion.

In addition, the price of crude oil in the first nine months of the year increased to more than US$65/barrel. Due to the high price of fuel, the prices of other commodities also saw a rise year-on-year.

In particular, the revenue of eight local customs departments: Ho Chi Minh City, Hai Phong, Hanoi, Ba Ria - Vung Tau, Dong Nai, Binh Duong, Bac Ninh and Ha Nam Ninh reached 75% or more of the estimate. In which, customs department recording over 80% of the estimate included Hai Phong, Ba Ria - Vung Tau, Hanoi, Dong Nai, and Binh Duong.

Many solutions offered

To strive to complete the assigned tasks, the General Department of Customs has issued Directive 215/CT-TCHQ on enhancing the efficiency of state budget collection, which indicates groups of common solutions and specific solutions for each unit in the context of the world and regional economy and the complicated spread of the Covid-19 pandemic.

Accordingly, the General Department of Customs has focused on two solutions of trade facilitation and combat against trade fraud and budget revenue-loss.

The General Department of Customs advised development and submitted to the Ministry of Finance to submit to the Government for promulgation Decree 18/2021/ND-CP amending and supplementing a number of articles of Decree 134/2016/ND-CP detailing a number of articles and measures to implement the Law on Import and Export Duties.

This includes specific and transparent provisions which have contributed to reforming administrative procedures in the direction of expanding IT application, improving the business environment and national competitiveness, removing difficulties for production and business activities of enterprises; contributed to attracting foreign investment, developing export production and economic growth; and created more favourable conditions for the tax management and collection by the Customs.

The Customs authority also advised the Ministry of Finance to issue Dispatch 10947/BTC-TCHQ dated September 22, 2021 guiding local customs departments to implement Resolution 106/NQ-CP on tax policies applicable to goods imported for use as aid for the prevention and control of the COVID-19 pandemic.

Accordingly, goods imported by Vietnamese organizations and individuals to be provided as aid to the Government, the Ministry of Health, provincial-level People's Committees and Vietnam Fatherland Front Committees to serve the prevention and control of the Covid-19 pandemic, shall be subject to import duty and value-added tax policies applicable to goods imported for use as humanitarian aid and non-refundable aid.

In particular, the Customs sector has expanded electronic tax payment with 44 banks to create favorable conditions for enterprises in tax payment.

In parallel with creating favorable conditions for businesses, in order to improve the effectiveness of state management, and prevent revenue loss in the implementation of the 2021 budget collection task, the General Department of Customs has also implemented a number of solutions and brought many significant results.

In particular, to prevent fraud in VAT refund, the General Department of Customs issued Official Dispatch 4539 dated September 21, 2021 to request local customs departments to strengthen collecting information, identifying signs of risk to take appropriate inspection and supervision measures.

In addition, the Customs authority has actively developed, amended and supplemented legal documents and implemented the single window mechanism to further shorten the processing time of administrative procedures for enterprises and taxpayers.

By Nu Bui/ Huyen Trang

Related News

Quang Nam Customs focuses on preventing smuggling and combating budget loss

Quang Nam Customs focuses on preventing smuggling and combating budget loss

VCN - In order to create a healthy business environment, Quang Nam Customs Department focuses on anti-smuggling and anti-state budget loss.
Vietnam, Korea Customs sign AEO MRA

Vietnam, Korea Customs sign AEO MRA

VCN- The Director General of the General Department of Vietnam Customs (GDVC), Mr Nguyen Van Tho, and the Commissioner of Korea Customs Service (KCS), Mr Ko Kwang Hyo, signed the Authorized Economic Operator Mutual Recognition Agreement (AEO MRA) on the afternoon of December 24, at the GDVC’s headquarters.
High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

VCN – The Vietnamese Ministry of Public Security's Investigation Police Department on Drug-related Crimes (C04) said that the Chinese and Taiwanese (China) suspects colluding to illegally procedure synthetic drugs in Vietnam show high-risk.

Latest News

Customs Modernization: From VNACCS to Digital Customs. Part 1: The "Revolution" of VNACCS

Customs Modernization: From VNACCS to Digital Customs. Part 1: The "Revolution" of VNACCS

VCN - The modernization of customs has been a continuous focus for the Customs sector, aimed at facilitating trade and enhancing the efficiency of state management. Central to this effort has been the VNACCS/VCIS System, which has provided numerous benefits to the business community and significantly boosted Vietnam's import-export turnover.
Quang Ngai Customs engages in dialogue with over 100 import-export enterprises

Quang Ngai Customs engages in dialogue with over 100 import-export enterprises

VCN - On December 18, 2024, the Quang Ngai Customs Department hosted a dialogue conference with more than 100 import-export enterprises operating in the area. This marks the second dialogue session organized by the department this year.
Ba Ria - Vung Tau Customs strives to be ready to effectively implement the new organizational model

Ba Ria - Vung Tau Customs strives to be ready to effectively implement the new organizational model

VCN - In the afternoon of December 20, Ba Ria - Vung Tau Customs Department held a conference to summarize the work in 2024 and deploy tasks in 2025. Deputy Director General Luu Manh Tuong attended and gave a speech.
Mong Cai Border Gate Customs Branch tops CDCI

Mong Cai Border Gate Customs Branch tops CDCI

VCN - According to the announcement of the Customs Department Competitiveness Index (CDCI 2024) by Quang Ninh Customs Department, Mong Cai Customs Branch tops the index with a score of 92.65. This is the second consecutive year that Mong Cai Border Gate Customs Branch has topped the CDCI.

More News

Ho Chi Minh City Customs: Satisfactorily resolving problems for Japanese businesses

Ho Chi Minh City Customs: Satisfactorily resolving problems for Japanese businesses

VCN - At the recent roundtable conference between Ho Chi Minh City Government and Japanese Business Association in Ho Chi Minh City, businesses were satisfied with the guidance and answers from the Customs agency.
Minister of Finance Nguyen Van Thang: Facilitating trade, ensuring national security, and preventing budget losses

Minister of Finance Nguyen Van Thang: Facilitating trade, ensuring national security, and preventing budget losses

VCN - Vietnam's total import-export turnover for 2024 is estimated to reach US$782.33 billion, a remarkable achievement driven by the proactive and dedicated efforts of officials and staff at the General Department of Vietnam Customs.
Official implementation of the program encouraging enterprises to voluntarily comply with Customs Laws

Official implementation of the program encouraging enterprises to voluntarily comply with Customs Laws

VCN - After a two-year pilot phase, the Customs sector has officially launched the program encouraging enterprises to voluntarily comply with customs laws as of December 4, 2024, with the goal of enhancing compliance levels and ensuring consistent adherence among enterprises.
Proactive plan to meet customs management requirements at Long Thanh International Airport

Proactive plan to meet customs management requirements at Long Thanh International Airport

VCN - Director of Dong Nai Customs Department Le Van Thung requested the Ministry of Finance and the General Department of Customs to pay attention to directing so that after arranging and streamlining the apparatus, human resources can be immediately prepared to serve Customs at Long Thanh International Airport.
An Giang Customs issues many notes to help businesses improve compliance

An Giang Customs issues many notes to help businesses improve compliance

VCN - On December 17, An Giang Customs Department held a dialogue conference with over 50 import-export enterprises in the area. This is the second dialogue conference organized by An Giang Customs Department this year.
Hai Phong Customs processes over 250,000 declarations in November

Hai Phong Customs processes over 250,000 declarations in November

VCN - In November 2024, the Hai Phong Customs Department processed 251,983 import-export declarations.
Achievements in revenue collection are a premise for breakthroughs in 2025

Achievements in revenue collection are a premise for breakthroughs in 2025

VCN – Motivated by great efforts and effective implementation of solutions, as of December 10 the total State revenue from imports and exports saw a year-on-year increase of 13.8% to VND397,861 billion, meeting 106.1% of the estimate. The revenue us estimated to reach VND420,000 billion, meeting 112 % of the estimate, up 13.9% over the same period in 2023. The achievements in 2024 are a premise for a breakthrough in revenue collection in 2025.
Binh Duong Customs surpasses budget revenue target by over VND16.8 Trillion

Binh Duong Customs surpasses budget revenue target by over VND16.8 Trillion

VCN - As of November 30, 2024, the total budget revenue collected by the Binh Duong Customs Department reached VND16.872 trillion, achieving 100.43% of the assigned target and 98.67% of the aspirational target, representing a 14.45% increase compared to the same period last year.
Director General Nguyen Van Tho: Customs sector strives to excellently complete 2025 tasks

Director General Nguyen Van Tho: Customs sector strives to excellently complete 2025 tasks

VCN - Concluding the conference, Director General of Vietnam Customs Nguyen Van Tho suggested many goals and solutions for the entire sector in 2025. Customs Magazine respectfully introduces the important contents in the Director General's concluding remarks.
Read More

Your care

Latest Most read
Vietnam, Korea Customs sign AEO MRA

Vietnam, Korea Customs sign AEO MRA

VCN - According to Vietnam Customs, the signing of the AEO MRA is a trend and brings many benefits to enterprises and helps customs control more smoothly. The signing of the AEO MRA aims to bring long-term benefits to enterprises.
Quang Nam Customs focuses on preventing smuggling and combating budget loss

Quang Nam Customs focuses on preventing smuggling and combating budget loss

VCN - Along with the work of facilitating trade for businesses and passengers entering and exiting the country, the Sub-departmentes under the Quang Nam Customs Department also pay special attention to the work of inspecting and controlling against smuggl
Customs Modernization: From VNACCS to Digital Customs. Part 1: The "Revolution" of VNACCS

Customs Modernization: From VNACCS to Digital Customs. Part 1: The "Revolution" of VNACCS

The modernization of customs has been a continuous focus for the Customs sector, aimed at facilitating trade and enhancing the efficiency of state management.
Quang Ngai Customs engages in dialogue with over 100 import-export enterprises

Quang Ngai Customs engages in dialogue with over 100 import-export enterprises

Quang Ngai Customs Department hosted a dialogue conference with more than 100 import-export enterprises operating in the area.
Ba Ria - Vung Tau Customs strives to be ready to effectively implement the new organizational model

Ba Ria - Vung Tau Customs strives to be ready to effectively implement the new organizational model

VCN - According to the report of Ba Ria - Vung Tau Customs Department, in 2024, the world and regional situation continue to develop complicatedly, affecting the import and export activities of enterprises.
Mobile Version