State budget collection from Vietnam’s export-import activities reached 200.46 trillion VND (8.35 billion USD) in the first half of 2024, equivalent to 53.5% of the target and up 8.4% year-on-year, said the General Department of Vietnam Customs (GDVC) on July 9.
The State budget's revenues from export-import activities totaled 183.74 trillion VND (over 7.74 billion USD) in the first six months of this year, making up 43.23% of the estimate, down 19.19% year-on-year, the General Department of Vietnam Customs (GDVC) reported on July 5.
Export-import activities via Lao Cai border gate in the northern border province of Lao Cai thrived in the first quarter this year, reaching nearly 186 million USD, reported the local customs agency.
The Southeast Asia Commercial Joint Stock Bank (SeABank) said on April 3 that the Asian Development Bank (ADB) has doubled the trade finance limit to 60 million USD, and increased the 5-million-USD limit of the revolving loan for the bank to 10 million USD.
Vietnam’s maritime sector is striving to upgrade its international merchant fleet in order to reduce the country’s dependency on foreign-owned vessels in export-import activities.
The Vietnam International Furniture & Home Accessories Fair (VIFA-EXPO 2022) - the biggest and most prestigious trade event for exporting furniture and wooden products in the country – kicked off in Ho Chi Minh City on August 31.
Minister of Industry and Trade Nguyen Hong Dien and Chinese Ambassador to Vietnam Xiong Bo agreed to facilitate bilateral export-import activities during their meeting in Hanoi on May 25.
The State budget revenue of the northern port city of Hai Phong is expected to reach over 98.2 trillion VND (over 4.2 billion USD) in 2020, including 63 trillion VND from export-import activities and over 35.2 trillion VND from domestic collection.
The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will promote export-import activities, thus bringing direct benefits to the country's logistics industry, experts have said.
The Indonesian government announced on March 13 that it will allocate 120 trillion rupiah (8.1 billion USD) from the state budget to stimulate the economy by providing tax incentives and subsidies for workers, businesses and families affected by the COVID-19 outbreak.
Dozens of trucks carrying exports to China, mainly dragon fruit, watermelon and mango, went through customs clearance as Tan Thanh border gate in the northern province of Lang Son resumed operation on February 20.
Vietnam resolutely prevents and strictly handles trade and origin frauds in the domestic market as well as export-import activities in a bid to protect legitimate interests of local businesses and consumers, Foreign Ministry spokesperson Le Thi Thu Hang said on August 8.
The Vinh Tan international sea port in the southern province of Binh Thuan on July 17 received cargo vessel Spring Hummer of Belize, which was the first foreign ship to dock at the port.
Deputy Prime Minister Vuong Dinh Hue, who is also Chairman of the National Steering Committee on the National One-Stop Shop (OSS) Mechanism, the ASEAN One-Stop Shop Mechanism and Trade Facilitation (Committee 189), chaired a conference in Hanoi on February 19 to review the implementation of the tasks by the committee in 2018 and discuss its operation orientations for 2019.
Turnover from export-import activities and foreign currency service of the Mekong Delta city of Can Tho exceeded 2 billion USD in 2018 - a record high in the last 15 years.
The total state budget revenue reached 651.7 trillion VND (28.7 billion USD) in the first half of this year, equivalent to 49.4 percent of the estimate and up 14.3 percent year-on-year, Deputy Minister of Finance Huynh Quang Hai reported at a meeting in Hanoi on July 18.
