Cao Bang Customs: Revenue collection achieves impressive growth

Customs officers of Ta Lung Customs Branch – Cao Bang Customs Department check imported cars. Photo: T.Bình

According to Cao Bang Customs Department, in the first months of the year, the Covid-19 pandemic broke out strongly in Cao Bang province while the Chinese authorities still strengthened Covid-19 prevention measures to implement the strategy "Zero Covid", so import and export activities were limited. However, in recent months, import and export activities have prospered but have not yet ensured the sustainability factor.

In that context, with the concern and timely direction of the General Department of Vietnam Customs and Cao Bang province, the unit has actively implemented many effective pandemic prevention and control measures and ensured the implementation of customs management, facilitating import and export activities.

In the first ten months of the year, 305 enterprises were engaging in import and export activities at Cao Bang Customs Department, with a total turnover of US$669.6 million, increasing 70% over the same period last year. In particular, imports reached US$551.11 million, growing 293%; exports only reached US$118.56 million, decreasing 58%.

The main export items included: vegetables, cashew nuts, pepper, and wood and the main import items included: coal, cloth, machinery and equipment, and spare parts.

Notably, from the beginning of the year until now, many imported CBU cars have been carrying out the procedure at Cao Bang Customs Department.

Director of Cao Bang Customs Department, Le Viet Phong, shared, from the end of 2021 and the past months of 2022, due to strengthening Covid-19 pandemic measures of Chinese authorities and restrictions on import and export activities at border gates joining with Lang Son area, the enterprises have transferred orders to carry out procedures at Ta Lung and Cao Bang border gates, especially CBU cars.

The preliminary statistics of Cao Bang Customs Department showed that by the end of October, the whole Department carried out the procedure for 10,274 imported CBU cars, and total import-export turnover reached US$460.5 million, accounting for about 90% of import turnover at the unit.

Thanks to imported CBU cars, Cao Bang Customs Department's revenues in the first ten months of the year grew impressively. Accordingly, in October, the revenue reached VND171.4 billion, increasing 31% compared to the previous month, thereby bringing the revenue collection of the first ten months to more than VND2,547 billion, growing 1.003% over the same period last year, of which imported cars account for about 90%.