Customs revenue in Quarter 1 decreases by 3% year-on-year

Customs revenue in Quarter 1 decreases by 3% year-on-year

VCN - The total import and export value of the country in the first quarter of 2024 rose 18.2% year-on-year to US$145.59 billion. However, state budget revenue in the first quarter (as of March 15) of the entire Customs sector decreased by 3% year-on-year
Customs revenue in the first four months of the year decreased by nearly 18%

Customs revenue in the first four months of the year decreased by nearly 18%

VCN – According to the General Department of Customs, the total import-export turnover in the first four months of the year decreased, leading to a year-on-year decrease of 17.98% in the customs revenue.
Why does customs revenue plunge?

Why does customs revenue plunge?

VCN - As of February 28, the whole Customs sector's revenue fell by 19.37% to VND 56,330 billion year-on-year, meeting 13.25% of the estimate. In February alone, the whole Customs sector only collected VND29,266 billion.
Bac Ninh Customs plays key role in attracting investment

Bac Ninh Customs plays key role in attracting investment

VCN - Bac Ninh Customs Department has made great efforts in attracting investment in the locality, resulting in a surge in total trade and revenue in the three provinces of Bac Ninh, Bac Giang and Thai Nguyen.
Customs collects VND328,000 billion

Customs collects VND328,000 billion

VCN - The Customs revenue in the first nine months of 2022 rose 14.7% year-on-year to VND328,900 billion, meeting 93.4% of the assigned target and 89% of the ambitious target.
Customs revenue continues to decline due to Covid-19 impacts

Customs revenue continues to decline due to Covid-19 impacts

VCN - The impact of the Covid-19 pandemic and many tax loosening policies have made Customs revenue in the first nine months of the year, especially from April to now, dramatically reduced.
In first month of the year, Customs revenue decreased by 25%

In first month of the year, Customs revenue decreased by 25%

VCN - Customs revenue in January 2020 reached VND 25,446 billion, equal to 7.5% of the estimate (VND 338,000 billion)
State revenue targets among Customs Departments are always adjusted

State revenue targets among Customs Departments are always adjusted

VCN – This is one of contents of concern by the press at the Press Conference on results, solutions to collect state budget and tax debts, striving to complete the assigned target of budget revenue and evaluation of 1 year of implementing e-tax 24/7
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