HCM City Customs: Reduction in imported goods resulting in decreasing revenue collection by VND 1,600 billion
Imported goods through Ho Chi Minh City port dropped sharply. Photo: T.H |
According to Nguyen Quoc Toan, Deputy Head of the Import-Export Duty Division - Ho Chi Minh City Customs Department, in the first two months of 2020, State revenue of Ho Chi Minh City Customs Department hit VND 15,630 billion, decreasing by more than VND 1,600 billion compared to the same period in 2019.
According to the analysis of Ho Chi Minh City Customs Department on commodity groups with high tax rates and large turnover,there were 12 groups of imported goods reducing in turnover. The group of raw materials reached $1,921.6 million, reducing by 18.4 percent over the same period in 2019, accounting for 32.6 percent; consumer goods hit $257.8 million, decreasing by 27.5 percent, accounting for 4.4 percent; while other commodity groups reached $537.4 million, decreasing by 2.4 percent and accounting for 9.1 percent of imports.
Imported fabrics of all kinds were worth $245.4 million, decreasing by 24.1 percent, accounting for 4.2 percent; plastic materials reached $208.7 million, decreasing by 33.3 percent, accounting for 3.5 percent; iron and steel with import value hit $189.1 million, reducing by 23.6 percent; import value of pharmaceutical products reached $135.3 million, falling by 42.8 percent.
Related News
Ho Chi Minh City Customs removes obstacles for logistics businesses
20:33 | 01/04/2023 Customs
HCM City Customs make efforts in budget collection
13:43 | 31/03/2023 Customs
Quang Ninh Customs put effort to improve business environment
15:40 | 29/03/2023 Customs
Lao Cai Customs: Many challenges arise when revenue collection falls sharply
10:16 | 25/03/2023 Customs
Latest News
Customs creates maximum facilitation for agricultural exports
15:56 | 07/06/2023 Customs
Goods imported from export processing enterprises must pay tax
14:50 | 10/04/2023 Customs
GDVC perform tasks in second quarter of 2023
09:47 | 06/04/2023 Customs
Facilitates import and export enterprises amid difficult context
09:46 | 06/04/2023 Customs
More News
Da Nang International Terminal a certified 4-star terminal
10:24 | 05/04/2023 Customs
Dong Nai Customs: understand the business situation to develop effective support solutions
13:27 | 04/04/2023 Customs
Lang Son: Import-export turnover grow 71%
09:53 | 03/04/2023 Customs
HCM City Customs Department facilitates and resolves difficulties for enterprises
09:51 | 03/04/2023 Customs
Lang Son: Goods rushing to border gate increases sharply, potential risk of congestion
10:33 | 02/04/2023 Customs
Bac Ninh Customs committees to listen and share difficulties with enterprises
20:34 | 01/04/2023 Customs
Bac Ninh Customs considers satisfaction of businesses to assess efficiency of customs reform
11:36 | 01/04/2023 Customs
Noi Bai Customs reorganizes the implementation of National Single Window
13:39 | 31/03/2023 Customs
Towards a centralized post clearance audit model
09:23 | 30/03/2023 Customs
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Customs creates maximum facilitation for agricultural exports
15:56 | 07/06/2023 Customs
Goods imported from export processing enterprises must pay tax
14:50 | 10/04/2023 Customs
GDVC perform tasks in second quarter of 2023
09:47 | 06/04/2023 Customs
Facilitates import and export enterprises amid difficult context
09:46 | 06/04/2023 Customs
Da Nang International Terminal a certified 4-star terminal
10:24 | 05/04/2023 Customs