 |
| At the Kim Thanh II International Border Gate__Photo: VNA |
State budget revenue from exports and imports in January reached VND 30.64 trillion (VND 1.25 billion), equivalent to 8.2 percent of the estimate, and up 13.2 percent year-on-year, the General Department of Vietnam Customs (GDVC) reported on February 6.
Total export-import value in the first month of the year was estimated at USD 64.22 billion, a rise of 5.5 percent month-on-month, with exports up 6.7 percent to USD 33.57 billion, and imports up 4.2 percent to USD 30.65 billion.
The GDVC was assigned by the National Assembly to collect VND 375 trillion for the state coffer this year, with VND 204 trillion expected to come from exports and imports.
The agency said it will continue with the reform of customs policies and procedures, ensure state management and prevent trade fraud, while creating a full legal foundation for the building and implementation of a digital and smart customs model, thus facilitating trade and contributing to meeting growth targets.
Vietnam's goods imports and exports in 2023 fell short of the USD-700-billion mark achieved in the previous year, estimating at USD 683 billion, down 6.6 percent year on year, according to the General Statistics Office (GSO).
Specifically, the country's exports went down by 4.4 percent while imports dropped by 8.9 percent, attributed to a decline in the global demand.
However, the country achieved a record-breaking trade surplus of USD 28 billion, significantly surpassing the figure of USD 12.1 billion recorded last year.- (VNA/VLLF)
