Imports-exports contribute 2.37 billion USD to State budget in Jan-Feb

State budget collection from import-export activities reached 54.76 trillion VND (2.37 billion USD) in the first two months, or 17.38 percent of the estimate and a year-on-year rise of 7.53 percent, according to the General Department of Viet Nam Customs.
Imports-exports contribute 2.37 billion USD to State budget in Jan-Feb
State budget collection from import-export activities reached 54.76 trillion VND (2.37 billion USD) in the first two months.(Photo: VNA)

In February alone, the collection was 23.66 trillion VND. As Tet (Lunar New Year) holidays fell in the month, the customs department worked together with relevant agencies to combat smuggling and trade frauds while increasing inspections.

The customs force detected 967 cases in total from January 16 to February 15, seizing goods of 258.67 billion VND and contributing 8.6 billion VND to the State budget.

State budget collection was estimated at 220.5 trillion VND in total in the first two months of 2021, equivalent to 16.4 percent of the year’s estimate.

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(Source: VNA)