Budget collection from import-export up 14.6%

Budget collection from import-export activities topped VND362.4 trillion (US$14.57 billion) 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.

The total import-export value in the period under review reached an estimated US$616.2 billion, up 14.1% from the same period last year, the department reported.

Of the figure, the export and import turnovers totaled US$312.8 billion and over US$303.4 billion, representing year-on-year rises of 15.9% and 12.2%, respectively, leading to a trade surplus of US$9.4 billion for Vietnam in the period.

The department said more measures will be taken in the remaining months of the year to remove difficulties and obstacles facing businesses.

Attention will be paid to improving the business environment in order to make it easier for enterprises to develop stably, thus promoting economic development and increasing budget collection, it added.

Other activities such as post-customs clearance inspection, specialised inspection, fight against smuggling and commercial fraud, and inspection and control of imports and exports will be also strengthened.

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