According to the General Department of Vietnam Customs, in the first six months of the year, national budget revenue reached VND96 trillion, accounting for 40 percent of the year’s target and an increase of 5.5 percent compared to the same period last year.
This is a great effort of the department as it saw a decrease of 5.25 percent and 1.4 percent in the first four months and first five months of this year, respectively.
Particularly in the first four months of this year, the department collected VND56.29 trillion, accounting for 23.7 percent of the plan, down 5.25 percent year-on-year. The figure rose to VND74.5 trillion in the first five months, accounting for 31.4 percent of the plan, down 1.4 percent year-on-year.
An increase in budget revenue was contributed by improved import and export, a recovery in automobiles import, and a rise in oil tariffs.
In the first half of this year, total imports and exports were estimated at US$125.51 billion, up 16.8 percent year-on-year.
