Why does customs revenue plunge?

Why does customs revenue plunge?

VCN - As of February 28, the whole Customs sector's revenue fell by 19.37% to VND 56,330 billion year-on-year, meeting 13.25% of the estimate. In February alone, the whole Customs sector only collected VND29,266 billion.
Bac Ninh Customs plays key role in attracting investment

Bac Ninh Customs plays key role in attracting investment

VCN - Bac Ninh Customs Department has made great efforts in attracting investment in the locality, resulting in a surge in total trade and revenue in the three provinces of Bac Ninh, Bac Giang and Thai Nguyen.
Customs collects VND328,000 billion

Customs collects VND328,000 billion

VCN - The Customs revenue in the first nine months of 2022 rose 14.7% year-on-year to VND328,900 billion, meeting 93.4% of the assigned target and 89% of the ambitious target.
Customs revenue continues to decline due to Covid-19 impacts

Customs revenue continues to decline due to Covid-19 impacts

VCN - The impact of the Covid-19 pandemic and many tax loosening policies have made Customs revenue in the first nine months of the year, especially from April to now, dramatically reduced.
In first month of the year, Customs revenue decreased by 25%

In first month of the year, Customs revenue decreased by 25%

VCN - Customs revenue in January 2020 reached VND 25,446 billion, equal to 7.5% of the estimate (VND 338,000 billion)
State revenue targets among Customs Departments are always adjusted

State revenue targets among Customs Departments are always adjusted

VCN – This is one of contents of concern by the press at the Press Conference on results, solutions to collect state budget and tax debts, striving to complete the assigned target of budget revenue and evaluation of 1 year of implementing e-tax 24/7
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