The revenue collection of customs sector reaches 99.95% of current appropriation
![]() |
Customs officer of Thanh Hoa Customs Department inspects imported goods. Photo: Phong Nhân |
In October 2021, the total import and export value of Vietnam's goods was estimated at $53.5 billion, down 0.4% compared to the previous month. In particular, the total export value is estimated at $27.3 billion, up 1%, the total import value is estimated at $26.2 billion, down 1.7% compared to the previous month.
Hence, in ten months, the total import-export value of Vietnam is expected to reach $537.32 billion, up 22.2% over the same period in 2020. In particular, the total export value is estimated at $267.93 billion, up 16.6%, and total import value is estimated at $269.38 billion, up 28.2%.
Vietnam's merchandise trade balance in October 2021 is estimated to witness a surplus of $1.1 billion. In general, in the first 10 months of 2021, Vietnam still experienced trade deficit of $1.45 billion, in contrast to the trade surplus of $19.63 billion in 10 months of last year.
The FDI sector in October 2021 had a total import-export value estimated at $37.8 billion, declining slightly by 1% compared to the previous month. In particular, exports were estimated at $20.2 billion, an increase of 1.8% compared to the previous month; imports were $17.6 billion, down 4.1%.
Moreover, in the first 10 months of 2021, the FDI sector has an estimated import-export value of $373.65 billion, accounting for 70% of the country's total import-export value and up 25.3% over the same period last year. In particular, the total export value of this business sector is estimated at $196.77 billion, up 20.3% over the same period in 2020 and the import value is estimated at $176.88 billion, up 31.3%.
In October, many institutional reform activities and administrative procedures continued to be actively developed and completed by the Customs sector.
The General Department of Vietnam Customs has actively coordinated with relevant units such as ministries, sectors, Government Office and units under the Ministry of Finance in developing and finalizing draft documents and strictly following the prescribed order and procedures.
Accordingly, the Decree stipulates the management mechanism, methods, order and procedures of quality inspection and food safety inspection for imported goods; Decree amending and supplementing a number of articles of Decree No. 08/2015/ND-CP dated January 21, 2015; Decree on customs management of imported and exported goods transacted via e-commerce; Decree stipulates the connection and sharing of information in the field of export, import, exit, entry and transit of goods, people and means of transport under the National Single Window.
At the same time, the General Department of Vietnam Customs also submitted to the Ministry of Finance for promulgation Circular No. 82/2021/TT-BTC dated September 30, 2021, stipulating customs supervision of imported goods and transferred from border gate to border gate in the case that imported goods are congested or at risk of congestion at seaports where social distancing is implemented in that province in accordance with Directive No. 16/CT-TTg dated March 31, 2021 of the Prime Minister on taking urgent measures to prevent fight against Covid-19 pandemic.
In administrative reform, General Department of Vietnam Customs strictly and effectively implemented Notice No. 589/TB-BTC dated August 23, 2021 of the Ministry of Finance on the assignment of tasks to implement solutions to further promote the reform of regulations related to business activities, attract foreign investment, improve the business environment, improve Vietnam's competitiveness and Notice No. 673 /TB-BTC dated October 1, 2021 on the development of a decentralization scheme in handling administrative procedures; gathering feedback, recommendations and consultations on regulations related to business activities; send to the Business Association a survey form on the current situation of providing and implementing administrative procedures of enterprises in the context of the Covid-19 pandemic at the request of the Ministry of Finance; commenting on the Plan on reducing and simplifying regulations related to business activities of the Ministry of Industry and Trade following Resolution No. 68/NQ-CP dated May 12, 2020 of the Government.
Completing the grading, ranking and announcing the Public Administration Reform Index (PAR Index) in 2020 of the units under the General Department of Vietnam Customs, and at the same time, directing units to overcome the success criteria of the deducted portion of the 2020 PAR Index.
In addition, the General Department of Vietnam Customs continues to coordinate with the Trade Facilitation Program project to complete the dossier of assessing the impact of administrative procedures in the draft Decree stipulating the management mechanism, methods, order and procedures for state inspection of quality and state inspection of food safety for imported goods.
Related News
![FDI sector posts over 14 billion USD in four-month trade surplus](https://english.haiquanonline.com.vn/stores/news_dataimages/nguyenhung/052023/18/16/croped/garment-factory-1120230518162334.5578610.jpg?230518042425)
FDI sector posts over 14 billion USD in four-month trade surplus
16:24 | 18/05/2023 Import-Export
![Enterprises "wait" for the list of specialized inspection exemptions](https://english.haiquanonline.com.vn/stores/news_dataimages/thanhthuy/042023/10/15/croped/0151_5648_7.jpg?230412104253)
Enterprises "wait" for the list of specialized inspection exemptions
10:42 | 12/04/2023 Regulations
![Hai Phong Customs: Declarations and turnover both decreased in the first quarter](https://english.haiquanonline.com.vn/stores/news_dataimages/thanhthuy/042023/10/10/croped/5810_3454_10.jpg?230413092130)
Hai Phong Customs: Declarations and turnover both decreased in the first quarter
09:21 | 13/04/2023 Customs
![Lao Cai Customs: Many challenges arise when revenue collection falls sharply](https://english.haiquanonline.com.vn/stores/news_dataimages/thanhthuy/032023/22/09/croped/2248_4913_7.jpg?230325101641)
Lao Cai Customs: Many challenges arise when revenue collection falls sharply
10:16 | 25/03/2023 Customs
Latest News
![Customs industry’s revenue increases thanks to high value of four major import and export commodity groups](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/24/16/62024072309084120240724165751.jpg?rt=20240724165754?240726082004)
Customs industry’s revenue increases thanks to high value of four major import and export commodity groups
08:20 | 26/07/2024 Customs
![Which factors caused a reduction of Da Nang Customs’ revenues?](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/20/22/croped/dscf02292024060923210920240720220917.jpg?240726081848)
Which factors caused a reduction of Da Nang Customs’ revenues?
08:18 | 26/07/2024 Customs
![362,000 C/O form AK and VK/KV are received via EODES system](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/23/14/croped/5332-img-431620240723144427.jpg?240725092129)
362,000 C/O form AK and VK/KV are received via EODES system
09:21 | 25/07/2024 Customs
![Dak Lak Customs: Focus on solutions to attract businesses and develop new revenue sources](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/18/22/croped/62024071208392820240718222954.jpg?240725091557)
Dak Lak Customs: Focus on solutions to attract businesses and develop new revenue sources
09:15 | 25/07/2024 Customs
More News
![Customs actively hold dialogues to develop Customs-Business partnerships](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/24/12/croped/img-58272024072314185820240724122218.jpg?240724021220)
Customs actively hold dialogues to develop Customs-Business partnerships
14:12 | 24/07/2024 Customs
![HCM City Customs revoke declared value of more than 4,000 declaration after consultation](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/23/09/croped/img-27722024060817380420240723093448.jpg?240724091949)
HCM City Customs revoke declared value of more than 4,000 declaration after consultation
09:19 | 24/07/2024 Customs
![Businesses share about developing Customs-Business partnerships](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/22/10/croped/img-57792024071812413520240722100827.jpg?240723023915)
Businesses share about developing Customs-Business partnerships
14:39 | 23/07/2024 Customs
![Facilitating and attracting import and export goods through An Giang border gate](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/17/17/croped/2735-img-067220240717171835.jpg?240723082606)
Facilitating and attracting import and export goods through An Giang border gate
08:26 | 23/07/2024 Customs
![Quang Ninh Customs considers businesses as partners for cooperation and development](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/22/10/croped/img-56372024071112370720240722103420.jpg?240722023312)
Quang Ninh Customs considers businesses as partners for cooperation and development
14:33 | 22/07/2024 Customs
![Binh Phuoc Customs: Efforts to overcome budget collection challenges in the last months of the year](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/15/15/croped/img-89862024070916384520240715155400.jpg?240722100431)
Binh Phuoc Customs: Efforts to overcome budget collection challenges in the last months of the year
10:04 | 22/07/2024 Customs
![Hanoi Customs faces difficulties in state budget collection](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/12/15/croped/72024070908515220240712151956.jpg?240722100240)
Hanoi Customs faces difficulties in state budget collection
10:02 | 22/07/2024 Customs
![Terminate the operation of many customs broker agents](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/20/23/croped/2213-620240720235159.jpg?240721074134)
Terminate the operation of many customs broker agents
19:41 | 21/07/2024 Customs
![Lao Cai: about 500 vehicles are cleared through customs everyday](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/21/10/croped/3700-620240721100850.jpg?240721074105)
Lao Cai: about 500 vehicles are cleared through customs everyday
19:41 | 21/07/2024 Customs
Your care
![Customs industry’s revenue increases thanks to high value of four major import and export commodity groups](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/24/16/medium/62024072309084120240724165751.jpg?rt=20240724165754?240726082004)
Customs industry’s revenue increases thanks to high value of four major import and export commodity groups
08:20 | 26/07/2024 Customs
![Which factors caused a reduction of Da Nang Customs’ revenues?](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/20/22/croped/medium/dscf02292024060923210920240720220917.jpg?240726081848)
Which factors caused a reduction of Da Nang Customs’ revenues?
08:18 | 26/07/2024 Customs
![362,000 C/O form AK and VK/KV are received via EODES system](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/23/14/croped/medium/5332-img-431620240723144427.jpg?240725092129)
362,000 C/O form AK and VK/KV are received via EODES system
09:21 | 25/07/2024 Customs
![Dak Lak Customs: Focus on solutions to attract businesses and develop new revenue sources](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/18/22/croped/medium/62024071208392820240718222954.jpg?240725091557)
Dak Lak Customs: Focus on solutions to attract businesses and develop new revenue sources
09:15 | 25/07/2024 Customs
![Customs actively hold dialogues to develop Customs-Business partnerships](https://english.haiquanonline.com.vn/stores/news_dataimages/2024/072024/24/12/croped/medium/img-58272024072314185820240724122218.jpg?240724021220)
Customs actively hold dialogues to develop Customs-Business partnerships
14:12 | 24/07/2024 Customs