State budget revenues from import-export grow 7.4 per cent in five months: GSO
Total state budget revenue from import-export activities reached almost 165.7 trillion VND (nearly 6.63 billion USD) in the first five months of 2024, equivalent to 44.2 per cent of the assigned estimate and marking 7.4 per cent growth compared to the same period last year.
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According to the General Department of Vietnam Customs (Vietnam Customs) about total state budget revenue, the five months saw the country’s trade volume amounting to some 305.53 billion USD, up 16.6 per cent year-on-year.
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| Exports and imports handled at Dinh Vu Port, Hai Phong city. (Source: VNA) |
Of the total turnover, the export and import value are estimated to hit 156.77 billion USD and 148.76 billion USD, year-on-year increases of 15.2 per cent and 18.2 per cent, respectively, resulting in a trade surplus of 8 billion USD.
For 2024, the National Assembly assigned Vietnam Customs to collect 375 trillion VND for the state budget, with balanced revenues from import-export activities set at 204 trillion VND.
(Source: VNA)
