Long An Customs revenue collection decreases 22.5%
Supervision of goods at My Tho port - Tien Giang. Photo: Nguyễn Huế |
Long An province collected VND 495.09 billion, down 23% over the same period in 2019. Tien Giang and Ben Tre provinces collected VND 52.37 billion, falling 24% compared to the same period the prior year.
Le Nam Quoc, Deputy Director of Long An Customs Department, said the reduction in revenue collection was due to a decrease of 25% in turnover with tax compared to the same period in 2019, reaching only $221 million (accounting for 7.2% of total import and export turnover). The items that suffered a decrease in turnover with tax were mainly iron and steel due to the influence of consumption in some export markets.
Besides that, many enterprises in the area temporarily suspended the import of machinery and equipment from China, which also reduced the revenue of Long An Customs Department in the first months of the year.
According to Le Nam Quoc, the revenue collection of the unit in the next months will continue to be difficult as the production and business activities of enterprises in the area have been seriously affected by Covid- 19. With the majority of enterprises operating in the field of processing and export production, some businesses in the provinces of Long An, Tien Giang and Ben Tre are facing a risk of production disruption due to facing difficulties relating to the supply of raw materials as well as export orders.
“Facing this situation, Long An Customs Department is directing units to closely monitor the activities of enterprises and promptly record difficulties and problems arising to have measures for supporting and facilitate import and export activities,” Quoc said.
In 2020, Long An Customs Department is assigned to collect VND 4,000 billion for the State budget (Long An VND 3,685 billion, Tien Giang VND 315 billion). The General Department of Vietnam Customs assigned to collect VND 4,150 billion (Long An VND 3,800 billion, Tien Giang VND 320 billion, Ben Tre VND 30 billion).
Related News
Cat Lai Port sees over 1,000 export shipments cleared by customs each day
08:56 | 30/10/2024 Customs
Quang Ninh Customs collects 85.75% of the budget revenue through the seaport area
19:37 | 02/11/2024 Customs
Growth of customs broker agents: Ongoing obstacles
11:25 | 26/10/2024 Customs
Import and export rose by more than US$81 billion by the end of September
15:32 | 20/10/2024 Import-Export
Latest News
Ha Nam Ninh Customs gathers feedback from the business community
09:55 | 04/11/2024 Customs
Facilitating trade and bolstering customs enforcement at Vinh Xuong border crossing
07:14 | 03/11/2024 Customs
3 items have a big impact on the budget revenue of Ho Chi Minh City Customs
19:38 | 02/11/2024 Customs
Regulating goods across Huu Nghi International Border Gate during peak times
19:37 | 02/11/2024 Customs
More News
Kien Giang Customs’ revenue reaches over 190% of target
10:36 | 02/11/2024 Customs
Quang Ninh Customs seeks solutions to promote import and export
10:34 | 02/11/2024 Customs
Businesses get a fair hearing under Customs' new 'three no' rule
09:31 | 31/10/2024 Customs
Khanh Hoa Customs reaches revenue target 1 quarter early
09:29 | 31/10/2024 Customs
WCO Permanent Technical Committee Meeting in Belgium: The managerial mark of the Vietnamese customs representative
09:29 | 31/10/2024 Customs
Revise regulations on implementing administrative procedures under the National Single Window
09:28 | 31/10/2024 Customs
Launch of the “Proud of 80 years of construction and development of Vietnam Customs” contest
09:08 | 30/10/2024 Customs
Quang Ninh Customs: Innovation in developing Customs-Business partnership
09:27 | 29/10/2024 Customs
Nine Customs brokers may be suspended from operations
14:49 | 28/10/2024 Customs
Your care
Ha Nam Ninh Customs gathers feedback from the business community
09:55 | 04/11/2024 Customs
Facilitating trade and bolstering customs enforcement at Vinh Xuong border crossing
07:14 | 03/11/2024 Customs
3 items have a big impact on the budget revenue of Ho Chi Minh City Customs
19:38 | 02/11/2024 Customs
Quang Ninh Customs collects 85.75% of the budget revenue through the seaport area
19:37 | 02/11/2024 Customs
Regulating goods across Huu Nghi International Border Gate during peak times
19:37 | 02/11/2024 Customs