HomeNewsNewsBudget revenue from import-export activities reached 36% of...

Budget revenue from import-export activities reached 36% of the estimate


The General Department of Customs said that in the first 5 months of the year, the whole industry faced many difficulties in collecting and paying state budget payments due to many reasons. 

Among them, the total import and export value of the whole country in 5 months only reached the total import and export value of Vietnam's goods estimated at 262,54 billion USD, down 14,7% (equivalent to 45,42 billion USD). USD) over the same period in 2022. In which, the export value was estimated at 136,17 billion USD, down 11,6% (equivalent to 17,93 billion USD) over the same period in 2022 and the import value estimated at 126,37 billion USD, down 17,9% (equivalent to 27,49 billion USD) compared to the same period in 2022.

The decrease in the total import-export value of the country's goods has made it difficult for the customs sector to collect and pay the state budget. From May 1 to May 5 alone, the whole Customs sector only collected VND 31 billion, down 5% compared to April.

The Import and Export Tax Department (General Department of Customs) said that the reason the revenue in May was lower than in April was due to the decrease in taxable import turnover of some items with large revenues, such as CBU cars of all kinds. 5 thousand units, worth 4 million USD, down 7,6% in volume and 189,5% in value, reducing the revenue of 37,8 billion VND; iron and steel of all kinds reached 33,6 thousand tons, worth 1.287 million USD, down 675% in volume and 555% in value, reducing the revenue of 22,1 billion dong; phones and components reached USD 16,7 million, down 253%, reducing revenue by VND 166 billion.

According to the Import-Export Tax Department, in the first 5 months of the year, for the first time, Vietnam recorded a higher number of temporary and permanent enterprises withdrawing from the market than the number of enterprises entering and re-entering the market. The war in Russia-Ukraine slows down the recovery of the world economy along with the tightening of monetary policy, leading to a sharp decrease in the shopping trend of consumers around the world. At the same time, the global supply chain continues to face the risk of disruption and disruption, leading to many consequences for import and export activities and economic growth.

In addition, major economies that are Vietnam's export partners such as the United States and the European Union (EU) reduced their purchasing quotas for conventional and luxury products, causing a decrease in the volume of orders, especially especially for industries such as textiles, leather and footwear, production of beds, cabinets, tables and chairs, metal production, gasoline prices are constantly fluctuating.

The Import-Export Tax Department said that the above factors have led to a decrease in the total taxable import and export value of the country in the first 5 months of the year.

Although in the first 5 months of 2023, some groups of goods also had quite positive results of state budget revenue, notably the group of CBU cars of all kinds with taxable import turnover of 61.780 thousand units, worth 1,38 units. price reached 21,8 billion USD, up 9,5% in volume and 4.600% in value, increasing revenue by 4,9 billion VND; crude oil products reached 3 million tons, worth 49 billion USD, up 20% in volume and 1.000% in value, increasing revenue by XNUMX billion dong over the same period last year.

In addition, at many units that account for a large amount of revenue in the industry, the accumulated revenue up to May 31 decreased sharply, such as the Hanoi Customs Department decreased by 5%; Ba Ria Vung Tau Customs Department decreased by 17,37%; Dong Nai Customs Department decreased by 24,8%; Binh Duong Customs Department decreased by 32,45%; Bac Ninh Customs Department decreased by 28,87%; Ha Tinh Customs Department decreased by 22,69%…

In 2023, the General Department of Customs was assigned an estimate of state budget revenue of VND 425.000 billion by the National Assembly. The 2023 budget revenue estimate is built on the basis of expected economic expenditures such as GDP growth rate of 6 - 6,5%; crude oil price is 70 USD/barrel; export turnover increased from 8 to 9%; import turnover increased from 7 to 8%.

The Director General of the General Department of Customs requested the subordinate units and subordinate units to focus their resources on drastically implementing at the beginning of the year basic tasks to achieve the set targets.

Accordingly, it is necessary to strengthen reform of administrative procedures, modernize customs, facilitate trade and import and export activities, shorten the time and cost of goods clearance; implementing the Vietnam Customs Development Strategy to 2030, towards the overall goal of building a regular and modern Vietnam Customs, at par with the Customs of developed countries, leading in the implementation of the Digital Government. , with the smart Customs model../.



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