Thanh Hoa Customs facilitates trade, contributing to increasing revenue

Thanh Hoa Customs facilitates trade, contributing to increasing revenue

VCN - The year 2022 continues to mark positive results in the state budget collection of Thanh Hoa Customs Department. Thanh Hoa Customs Department has completed the assigned target of VND11,000 billion and the ambitious target by the General Department o
Ho Chi Minh City sees high revenue thanks to crude oil, real estate

Ho Chi Minh City sees high revenue thanks to crude oil, real estate

VCN - Total state budget revenue in Ho Chi Minh City in the first five months of 2022 increased by 19.5% year-on-year, of which revenues related to real estate and crude oil rose 2.1 time and 82.5% respectively.
State revenue reaches 13% of estimate in the first month of 2022

State revenue reaches 13% of estimate in the first month of 2022

VCN - The revenue from imports and exports in January saw a surge. The total revenue is estimated to increase 29.7% compared with the same period 2021 to VND40.3 trillion, or 11.4% of the estimate. The total trade this month is expected to rise 9.3% year-
Crude oil accounts for 77.9% of revenue source of Thanh Hoa Customs

Crude oil accounts for 77.9% of revenue source of Thanh Hoa Customs

By the end of September, Thanh Hoa Customs Department collected VND9,345 billion for the state budget, equaling 91.62% of the target assigned by the Ministry of Finance.
Import and export turnover reaches US$375 billion

Import and export turnover reaches US$375 billion

The remarkable growth rate in July helped the import-export turnover in the past seven months of 2021 reached US$375 billion.
Total revenue collection estimated to reach VND1,307.4 billion

Total revenue collection estimated to reach VND1,307.4 billion

Total revenue collection from the beginning of the year to December 15, 2020 is estimated to reach VND1,307.4 billion, equivalent to 86.5% of current appropriation.
Thanh Hoa Customs: Imported crude oil accounts for 75% of total revenue

Thanh Hoa Customs: Imported crude oil accounts for 75% of total revenue

VCN - According to Thanh Hoa Customs Department, the frequency of imports of crude oil and petrochemical raw materials is stable, at an average of 2.5 shipments per month.
Vietnam’s crude oil imports increase sharply by more than 1.5 million tonnes

Vietnam’s crude oil imports increase sharply by more than 1.5 million tonnes

VCN- According to the GDVC, from the beginning of the year to April 15, Vietnam imported 3,818,739 tonnes of crude oil with a turnover of over USD 1.66 billion. This figure increased sharply compared to 2019.
Reduce impact of oil price on the State revenue

Reduce impact of oil price on the State revenue

VCN- The Covid -19 pandemic caused a sharp drop in demand for crude oil. The price of crude oil on the world market was US$50/ barrel at the end of February and around $24/ barrel in the second half of March.
From November 1, import tax on crude oil will be reduced to zero percent

From November 1, import tax on crude oil will be reduced to zero percent

VCN - The normal import tax rate on crude oil products (item code 2709.00.10) will be reduced from five percent to zero percent.
By the end of the first quarter, tax sector achieves revenue collection of 26%

By the end of the first quarter, tax sector achieves revenue collection of 26%

In March, the total State Revenue collected by the tax sector was 93,100 billion VND, equal to 8% of current appropriation
Customs sector increases revenue collection by 21.13% in the first quarter thanks to imported automobiles and crude oil

Customs sector increases revenue collection by 21.13% in the first quarter thanks to imported automobiles and crude oil

A sharp increase in imported automobiles and crude oil led to the increase in revenue collection for the Customs sector in the first quarter of 2019
Crude oil: Decrease in exports, increase in imports

Crude oil: Decrease in exports, increase in imports

VCN - The current crude oil export volume of our country is on a downward trend while import volume is increasing by ten times to serve the operation of the Nghi Son Refinery & Petrochemical Plant.
Vietnam exports nearly 720,000 tonnes of crude oil in two months

Vietnam exports nearly 720,000 tonnes of crude oil in two months

Vietnam shipped 719,259 tonnes of crude oil abroad for 337.3 million USD in the first two months of 2019, up 7.1 percent in volume but down 7.9 percent in value compared to the same period last year.
FDI attraction in 2018 achieved nearly $US 35.5 billion, a decrease compared to 2017

FDI attraction in 2018 achieved nearly $US 35.5 billion, a decrease compared to 2017

In 2018, total newly registered capital, and increased and contributed capital to buy shares by foreign investors reached $US 35.46 billion,
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