Import and export taxes reached over 7,300 billion VND.

As of November 18th, the Ha Tinh Provincial Customs Department collected over 7,300 billion VND in import and export taxes, reaching 66.6% of the assigned target and decreasing by 12.8% compared to the same period in 2022.

According to statistics from the Ha Tinh Provincial Customs Department, from the beginning of the year until now, the unit has opened 13,508 customs declarations (an increase of 8.6% compared to the same period in 2022) and processed entry and exit procedures for 104,670 vehicles (an increase of 25.7% compared to the same period in 2022).

The Cau Treo International Border Gate Customs Sub-department handles immigration and customs procedures for businesses.

As a result, Ha Tinh Customs increased the total import and export turnover of the entire province to 5,473.4 million USD (a 20% increase compared to the same period in 2022). Export turnover alone reached 2,493.6 million USD (a 56% increase compared to the same period in 2022) with main items such as: steel billets, steel, wood chips, tar...

By facilitating customs clearance, the Ha Tinh Provincial Customs Department collected over 7,300 billion VND for the state budget, reaching 66.6% of the assigned target (10,968 billion VND); a decrease of 12.8% compared to the same period in 2022 (which reached 8,375 billion VND).

Import and export taxes reached over 7,300 billion VND.

The reduction in production by Formosa Ha Tinh Hung Nghiep Steel Company Limited has had a significant impact on Ha Tinh's import and export tax revenue.

The decrease in revenue collected by the Ha Tinh Provincial Customs Department compared to the same period in 2022 is due to the general difficulties of the global economy, which have impacted import and export activities through border gates in the province. Landslides on Highway 8 in Bolikhamsai province (Laos) affected trade activities of businesses through the Cau Treo International Border Gate. Furthermore, reduced imports of machinery and raw materials by Vung Ang II Thermal Power Joint Stock Company and Hung Nghiep Formosa Ha Tinh Steel Company Limited significantly impacted the revenue collection results of the Ha Tinh Provincial Customs Department.

Currently, the Ha Tinh Provincial Customs Department is focusing on urging its units to effectively implement tax policies, valuation, and revenue collection; ensuring that revenue collection is on schedule and according to plan, striving to achieve the revenue targets assigned by the Central and local governments.

Phan Tram

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