Customs earns over VND107 000 billion in tax revenues

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VCN – As of March 30, the Customs sectors collected about VND37,500 billion in revenue, the GDVC said on April 1.

Customs earns over VND107,000 billion in tax revenues
Officers of Hung Yen Customs Department at work. Photo: T.B

From March 1 to 30, the revenue from import and export duties reached VND37,440 billion. The sector saw a year-on-year increase of around 22.44% in tariffs to around VND107,300 billion, meeting 30.5% of the estimate.

In March, trade surged 36.8% month-on-month to US$66.73 billion.

The exports increased 45.5% to US$34.6 billion while imports rose 28.7% to US$32.67 billion.

Vietnam’s total trade in the first quarter soared 14.4% to US$176.35 billion.

The country shipped goods overseas worth around US$88.58 billion while it spent some US$87.77 billion on imports, up 12.9% and 14.4%, respectively from a year earlier.

Vietnam’s trade balance in March is estimated at US$1.39 billion. The country saw a trade deficit of US$809 million.

By Thai Binh/Ngoc Loan

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