The country's total trade value hit US$63.25 billion in the month, down 3.3% compared to the same time of 2024. Exports fell 4% to US$33.19 billion, while imports slid 2.6% to US$30.06 billion, resulting in a trade surplus of US$3.13 billion.

Smuggling and trade fraud cases rose 9.6%, particularly fireworks and consumer via the borders with China and Laos during the Lunar New Year holiday, and gold and currency smuggling cases detected in the Southwest border region. The value of the seized goods increased 19.4% year-on-year, the department said.

Drug trafficking remained a significant challenge, especially through international airports and postal services. Traffickers employed sophisticated concealment methods, hiding narcotics in candy packages, pet food, cosmetics, and animal products.

In response, customs authorities launched a special campaign targeting smuggling and counterfeit goods, handling 1,430 cases of customs law violations, with seized goods worth VND1.46 trillion. As much as VND95 billion was collected in fines.

State budget revenue exceeds VND2 quadrillion for the first time

VOV.VN - For the first time, Vietnam’s State budget revenue has exceeded VND2 quadrillion in 2024, reflecting the robust development of the national economy, according to the Ministry of Finance.