Quang Ninh Customs: Movement from key revenue sources

VCN – Petroleum, coal, raw materials for producing animal feed and vegetable oil are the traditional groups of commodities contributing mainly to revenue collection at Quang Ninh Customs Department.
4006-2218-5-0041-img-5141
Import – export activities through Cai Lan port – Quang Ninh. Photo: Quang Hùng

According to Quang Ninh Customs Department, in August, the import and export turnover through the province hit nearly $889 million, down 7.83% compared to July. Export turnover reached $294.36 million, up 13.65%; import turnover reached $594.62 million, down 15.72% compared to July.

Also this month, import-export turnover with tax reached $490.98 million, down 7.13% compared to July. Import and export turnover reached $19.33 million, down 877.27%; black coal used to make coke coal and bituminous coal reached $77.64 million, down 24%; antrathcite coal reached $33.18 million, up 46%; raw materials for producing animal feed reached $171 million, down 5.43%; and raw materials for producing vegetable oil reached $34.17 million, rising 193.96%.

Regarding revenue collected from imported petroleum in Quang Ninh generated through Hon Gai Port Customs Branch (Quang Ninh Customs Department), accounted for 60% of the branch’s total revenue collection.

According to Deputy Manager of the Hon Gai port Customs Branch Vu Quy Hung, in July, the amount of imported petroleum filled up tanks for consuming in the market. Besides that, Nghi Son oil refinery (Thanh Hoa) has been operating stably, providing sufficient petroleum in the northern market. Therefore, according to the Vietnam National Petroleum Group's plan, imported petroleum would decrease in August and September, focusing on importing diesel oil, reducing the amount of imported gasoline. Therefore, compared to July, the branch collected VND 600-700 billion from imported petroleum but decreased to VND 300-400 billion in August.

“The revenue collected from imported petroleum accounted for more than 30% of the total revenue collection of Quang Ninh Customs Department. Therefore, the reduction of imported petroleum would cause a significant decrease in budget revenue,” Vu Quy Hung said and added that, besides imported petroleum, revenue collected from raw materials for producing animal feed in the area tended to increase because firms import raw materials for production in large quantities, focusing on providing enough food for the last months of the year. It is expected that by the end of September, revenue collection through the branch would reach VND 4,500 billion.

In addition to revenue collected from petroleum, raw materials for producing animal feed, and imported vegetable oil, revenue collection at Quang Ninh Customs also depends heavily on exported coal and imported coal. Up to now, revenue collected from coal reached VND 3,200 billion, accounting for 76% of total revenue collection through Cam Pha port Customs Branch (VND 4,200 billion).

According to the manager of the Cam Pha port Customs Branch Hoang Tu Hoan, in the first nine months of the year, the volume of imported and exported coal increased compared to the same period in 2019. However, in the third quarter, the volume of imported coal decreased because enterprises imported massively in the second quarter. In August and September alone, the volume of coal exports increased sharply due to the situation of Covid-19 pandemic having been controlled, some markets in South Korea and Japan increased the volume of imported coal.

The Covid-19 pandemic has affected import-export activities through border gates in Quang Ninh province. Quang Ninh Customs has evaluated the revenue collection scenario of the whole year to adjust collection in accordance with the fluctuations of commodities and regions. The unit focuses on forecasting export and import of items of great value, high tariff rates and items that regularly carry out procedures through the unit to build a plan in accordance with the actual situation. Along with that, deploying solutions to remove difficulties for businesses, facilitating import and export activities, attracting businesses to bring goods with great value and high tariff rates to implement procedures, contributing to the accomplishment of revenue collection target in 2020.

Besides that, the unit also strengthened solutions to prevent revenue loss such as information collection and risk management, applying analytical criteria, key management of enterprises and cargo under the management area; conduct post-clearance audit at the headquarters of customs authorities and enterprises through suspicious signs, screening objects to detect and prevent commercial fraud in a timely manner through product names, types quantity/volume, quality, value, origin and goods.

By Quang Hùng/Thanh Thuy

Related News

VND 479 Billion contributed to state budget from violations handling

VND 479 Billion contributed to state budget from violations handling

VCN - From December 15, 2023, to October 14, 2024, market surveillance forces nationwide conducted inspections of 61,079 cases, uncovering and handling 41,725 violations.
Hanoi Customs partners with businesses to boost import-export activities

Hanoi Customs partners with businesses to boost import-export activities

VCN - After a decade of fostering customs-business partnerships, Hanoi Customs Department has developed three collaborative models: Customs-Business Partnership, Customs-Import and Export Service Provider, and Customs-Business Association.
Mong Cai Customs sets new record in revenue collection

Mong Cai Customs sets new record in revenue collection

VCN - The Mong Cai Border Gate Customs Branch, under the Quang Ninh Customs Department, has set a new record for the highest state revenue collected to date.
State revenue collection poised to surpass annual target

State revenue collection poised to surpass annual target

VCN - With ten months of 2024 behind us, Vietnam’s state budget revenue is on track to exceed the year’s target. The Ministry of Finance is pushing hard to achieve results that go beyond initial projections as the year draws to a close.

Latest News

Southern Customs contributed many practical contents on customs supervision and control procedures

Southern Customs contributed many practical contents on customs supervision and control procedures

VCN - The contents related to the articles and clauses of the draft Decree amending and supplementing Decree 08/2015/ND-CP and the circulars have been specifically commented on by Southern Customs units based on practical experience.
Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

VCN - On November 21, 2024, more than 300 enterprises from Southern Vietnam with significant import-export (I/E) volumes participated in a workshop held in Ho Chi Minh City. The event, organized by the General Department of Vietnam Customs, sought feedback on the draft decree amending and supplementing Decree No. 08/2015/ND-CP dated January 21, 2015, and the draft circular amending and supplementing Circular No. 38/2015/TT-BTC dated March 25, 2015, and Circular No. 39/2018/TT-BTC dated April 20, 2018, issued by the Minister of Finance.
New Steering Committee to spearhead Customs Reform and Modernization

New Steering Committee to spearhead Customs Reform and Modernization

VCN - The General Department of Vietnam Customs has taken a decisive step toward transforming Vietnam's customs sector with the establishment of the Customs Reform and Modernization Steering Committee. The newly formed body is tasked with crafting strategies and guiding the sector's short-, medium-, and long-term reform and modernization efforts.
Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

VCN - On November 21, 2024, at the headquarters of the General Department of Vietnam Customs, Director General Nguyen Van Tho presided over the ceremony to announce the appointment of new leaders for the Customs Reform and Modernization Committee and the Anti-Smuggling Investigation Department.

More News

Binh Duong Seaport Customs Branch supports and facilitates enterprises

Binh Duong Seaport Customs Branch supports and facilitates enterprises

VCN – Binh Duong Seaport Customs Branch (Binh Duong Customs Department) upgrades technology and modern equipment, creating conditions for businesses to clear goods quickly and effectively.
Promoting Vietnam-Laos Customs cooperation

Promoting Vietnam-Laos Customs cooperation

VCN - On November 19, 2024, in Hanoi, Vietnam Customs held the Vietnam - Laos Customs Directors General Conference.
Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

VCN - Carrying out customs procedures for special imported goods, such as iron and steel, gasoline, Saigon Port Customs Sub-department, Region 3 is expected to generate large revenues, but the state budget revenue from these two items has decreased sharply.
Quang Nam Customs facilitates trade and increases revenue

Quang Nam Customs facilitates trade and increases revenue

VCN – Goods imported and exported across Quang Nam province’s border gates surges in the second half of the year. Quang Nam Customs Department has implemented solutions to facilitate enterprises, increasing the State revenue.
Quang Tri Customs: Revenue from imported coal plunges

Quang Tri Customs: Revenue from imported coal plunges

VCN - Coal and wood of all kinds are items that contribute greatly to the state budget revenue of Quang Tri Customs Department, but are fluctuating in a downward direction.
Closely control imported products traded via e-commerce

Closely control imported products traded via e-commerce

VCN – The General Department of Vietnam Customs has directed local customs departments to strengthen control and supervision for imported goods traded via e-commerce.
Lao Cai Customs attracts over 100 new businesses for customs procedures

Lao Cai Customs attracts over 100 new businesses for customs procedures

VCN - Compared to the same period in 2023, the number of businesses handling procedures at Lao Cai border gate customs branch (under Lao Cai Customs Department) has grown by 109 companies.
Vietnam Customs attends WCO’s flagship conference

Vietnam Customs attends WCO’s flagship conference

VCN - The 2024 World Customs Organization (WCO) Technology Conference and Exhibition with the theme “Digital Frontiers: Customs Embracing Innovation with Traditional and New Partners” hosted by Brazil’s Secretariat of the Federal Revenue, took place from November 12-14, 2024 in Rio De Janeiro, Brazil.
Quang Ninh Customs sees revenue boost of nearly VND 900 Billion from new enterprises

Quang Ninh Customs sees revenue boost of nearly VND 900 Billion from new enterprises

VCN - Efforts to attract and support businesses have significantly boosted state revenue for the Quang Ninh Customs Department, thanks to a proactive approach in facilitating customs procedures.
Read More

Your care

Latest Most read
Southern Customs contributed many practical contents on customs supervision and control procedures

Southern Customs contributed many practical contents on customs supervision and control procedures

VCN - Speaking at the workshop, Deputy Director General Au Anh Tuan emphasized that Decree 08/2015/ND-CP and Circular 38/2015/TT-BTC, issued since 2015, have basically created legal conditions for the Customs authority to carry out state management of cus
Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

Over 300 Southern enterprises attend workshop to provide feedback to the General Department of Vietnam Customs

More than 300 enterprises from Southern Vietnam with significant import-export (I/E) volumes participated in a workshop held by the General Department of Vietnam Customs in Ho Chi Minh City
New Steering Committee to spearhead Customs Reform and Modernization

New Steering Committee to spearhead Customs Reform and Modernization

The General Department of Vietnam Customs has taken a decisive step toward transforming Vietnam's customs sector with the establishment of the Customs Reform and Modernization Steering Committee
Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Director General Nguyen Van Tho presided over the ceremony to announce the appointment of new leaders for the Customs Reform and Modernization Committee and the Anti-Smuggling Investigation Department.
Binh Duong Seaport Customs Branch supports and facilitates enterprises

Binh Duong Seaport Customs Branch supports and facilitates enterprises

VCN - According to Binh Duong Seaport Customs Branch, the branch has processed import and export procedures for over 600 enterprises, up 41% compared to the same period of the year, with import and export turnover of US$431 million, up 12.3% year-on-year.
Mobile Version