Hai Phong Customs collects nearly 6,200 billion VND in April

In April, Hai Phong Customs Department collected 6,193 billion VND, accumulated in the first four months was 22,874.051 billion VND, 48.14% compared with the target assigned by the Ministry of Finance (47,520 billion VND) and 42.68% compared with the target of the General Department of Vietnam Customs (53,600 billion VND).

The movements of import turnover with taxes and results of state budget collection of Hai Phong Customs Department in the first 4 months of this year. Sketched by T.Bình.

Since the beginning of the year, Hai Phong Customs has reached revenue collection of 6,000 billion VND or more in April. On average, in the last four months, Hai Phong Customs Department collected 5,718 billion/month VND.

Thus, in the remaining eight months of 2019, Hai Phong Customs Department needs to collect 24,645.949 billion VND in order to complete the plan of the Ministry of Finance. They also need to collect 30,725,949 billion VND to achieve the plan of General Department of Vietnam Customs.

In fact, through the last revenue collection and the remaining target in the last months of Hai Phong Customs, it showed the task of revenue collection in the next period is much easier to accomplish.

The reason is that to achieve the target of Ministry of Finance, the unit only has to collect about 3,080 billion VND on a monthly basis; while with the target of the General Department of Vietnam Customs, this figure is about 3,840 billion VND. The figures as mentioned above are much lower than the average revenue of the Department has collected in the first four months.

The performance of Hai Phong Customs has increased quite well in April thanks to the high growth of imported taxable goods.

Specifically, total export turnover with taxes in April reached about US$1.605 billion, an increase of 20.19% over the same period in 2018. In that, export turnover reached nearly $13.7 million, decreasing by 1.2% over the same period; the import turnover reached $1.59 billion, increasing by 20.4% over the same period in 2018.

For the field of import, the turnover of high value products, large tax rates such as automobiles of all kinds; automotive spare parts and accessories; motorbikes and motorcycle parts; petroleum; alcohol; machinery and equipment increased highly compared to the same period last year.

In particular, automobiles of all kinds reached over $95.2 million, increasing by 194.2%; spare parts of automobiles reached more than $25 million, an increases of 89.1%; motorcycles reached $407,906, increasing by 46.2%; petroleum reached more than $68 million, growing up by 36.5%; machinery and equipment reached more than $542 million, increasing by 34.3%.