First Customs Branch under Hai Phong Customs Department reports revenue of VND10,000 billion

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Most revenue of Hai Phong Customs Port Zone 1 Customs Branch comes from imported automobiles. Photo: T. Binh

According to Hai Phong Customs Department, by the end of August, the department collected VND35,193 billion, reaching 53% of the target assigned by the Ministry of Finance and 50% of the target assigned by the General Department of Customs, reducing VND11,388 billion, equivalent to a year-on-year decrease of 24.4%.

For the Hai Phong area in particular, the revenue was VND30,763 billion, reaching 54% of the target assigned by the Ministry of Finance (VND57,100 billion), 51% of the target assigned by the General Department of Customs and 49% of the target assigned by the Hai Phong People’s Committee (VND63,000 billion), reducing VND9,386 billion, equivalent to a year-on-year decrease of 4%.

Of nine customs branches under Hai Phong Customs Department, Hai Phong port zone 1 customs branch recorded the highest revenue of VND10,763 billion. However, this revenue has amounted to 49% of the whole year’s target (VND21,900 billion).

Hai Phong port zone 1 customs branch is the unit assigned with the highest revenue target of Hai Phong Customs Branch because the branch manages Tan Vu terminal - a main importing terminal of automobiles in Hai Phong port. However, from the beginning of 2020, the imports of automobiles sharply declined, resulting in a sharp decrease in revenue for the branch and Hai Phong Customs Department compared to the same period last year.

Other units reporting high revenues in Hai Phong Customs Department (VND10,000 billion or more) in 2020 are Hai Phong port zone 3 customs branch and Dinh Vu terminal customs branch.

By the end of August, Hai Phong port zone 3 customs branch collected VND7,721 billion, equivalent to 67.14% of the whole year’s target (VND11,500 billion).

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Meanwhile, Dinh Vu terminal customs branch collected VND4,836 billion by the end of August, equal to over 45% of the whole year’s target.