Budget collection from import-export activities topped 362.4 trillion VND (14.57 billion USD) in the first 10 months of this year, equivalent to 86.3% of the set target and up 14.6% year-on-year, according to the General Department of Customs.
Hanoi (VNA) – Budget collection from import-exportactivities topped 362.4 trillion VND (14.57 billion USD) in the first 10 months of this year, equivalent to86.3% of the set target and up 14.6%year-on-year, according to the General Department of Customs.
The totalimport-export value in the period under review reached an estimated 616.2billion USD, up 14.1% from the same period last year, the department reported.
Of the figure, the export and import turnovers totaled 312.8 billion USD and over303.4 billion USD, representing year-on-year rises of 15.9% and 12.2%, respectively, leading to a trade surplus of 9.4 billion USD for Vietnam in the period.
The department said more measures will be taken in the remaining months of theyear to remove difficulties and obstacles facing businesses.
Attention will be paid to improving the business environment in order to makeit easier for enterprises to develop stably, thus promoting economic development and increasing budget collection, it added.
Other activities suchas post-customs clearance inspection, specialised inspection, fight againstsmuggling and commercial fraud, and inspection and control of imports and exports will be also strengthened./.
Measures taken to bring down petrol prices could reduce State budget collection by 32.5 trillion VND (1.4 billion USD) this year, according to Deputy Minister of Finance Nguyen Duc Chi.
The tax sector collected 911.02 trillion VND (38.9 billion USD) of State budget in the first seven months of this year, a year-on-year rise of 17.2%, and equivalent to 77.5% of its yearly estimate, according to the General Department of Taxation.
The total State budget collection in the first eight months of this year has been estimated at 1.2 quadrillion VND (51.3 billion USD), equivalent to 85.6% of the annual target, according to the Ministry of Finance.
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Processing tra fish for export (Photo: VNA) 
