Lao Cai Customs’ revenue increases by 30.5% to over VND200 billion

VCN – The results of revenue, import-export turnover and declarations processed at Lao Cai Customs Department in the first quarter of 2024 see prosperity.
Export of goods across Lao Cai Border Gate Customs surges Export of goods across Lao Cai Border Gate Customs surges
Agricultural and aquatic product exports across Lao Cai and Cao Bang Border Gates increases Agricultural and aquatic product exports across Lao Cai and Cao Bang Border Gates increases
Lao Cai Customs’ revenue increases by 30.5% to over VND200 billion
Officers of Lao Cai Customs Department at work. Photo: T.B

In 2024, Lao Cai Customs Department is assigned by the Ministry of Finance and the General Department of Vietnam Customs the revenue target of VND 1,050 billion.

As of 15 March, the department’s revenue increased by 30% year-on-year to VND203.1 billion, reaching 19.3% of the target assigned by the Ministry of Finance and the General Department of Vietnam Customs.

The revenue collection results of the Lao Cai Customs Department have prospered, reflecting positive growth in import and export activities across the area.

As of March 15, the number of enterprises carrying out procedures at the department rose 32 enterprises to 365 enterprises compared with the previous year. The total number of declarations increased 1,855 to 11,657 declarations.

Total import and export turnover grew 41% to US$293.9 million. Of which, the export turnover increased by 41.3% to US$ 186.2 million; the import turnover rose 40.5% to US$ 107.7 million.

Exported goods mainly are all kinds of peeled wood, dragon fruit, all kinds of cassava, green bananas, footwear, durian...;

Imported products mainly are agricultural products, plastic, plastic products, iron and steel and iron and steel products, machines and mechanical equipment, fertilizers, chemicals, coke, electricity...

By Thai Binh/Ngoc Loan

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