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 import and export value of goods and services transferred via Lao Cai province’s international border gates neared US$1.7 billion in the first nine months, down 39.4% year-on-year.
Soaring inflation, rising production costs and fluctuation in exchange rates have caused great difficulties for production and import-export activities, and will linger on to the rest of the year.
Vietnam's coastal localities and India’s Kerala state have many opportunities to expand cooperation in seafood-related business, investment and production, a fishery official of Kerala said at a recent online conference – part of trade promotion activities.
The Ministry of Transport has been tasked with coordinating with relevant ministries, sectors and localities in considering and handling recommendations of the Vietnam Railways Corporation (VNR) on how to better the capacity of international railway transport serving import and export activities.
While the Russia-Ukraine conflict has left negative impacts related to transport, inflation and international payments on import and export activities, it could also create opportunities for businesses which adopted timely adaptation measures, experts have said.
The Ministry of Industry and Trade (MoIT) on April 5 held a conference to evaluate trade promotion activities in the first quarter of this year and seek ways to help localities, economic sectors and businesses surmount difficulties, build strategies to expand international trade activities.
Total state budget collection in the first ten months of 2021 fulfilled about 90.9% of the estimate and was up 5.5% year-on-year, showed data released by the Ministry of Finance’s Department of State Budget.
Hundreds of online trade promotion events have been organised effectively, helping settle stagnant situation in the field and overcome difficulties brought about by the COVID-19, which has broke out in the global scale, disrupting supply chains and affecting export activities.
Total state budget revenue reached VND912.1 trillion (US$39.74 billion) in the first seven months of 2021, equaling 67.9% of the estimate and up 15.6% year-on-year, data released by the Ministry of Finance on August 9 showed.