State budget revenues from import-export grow 7.4% in five months
State budget revenues from import-export grow 7.4% in five months
Total State budget revenue from import-export activities reached almost VNĐ165.7 trillion (nearly US$6.63 billion) in the first five months of 2024, equivalent to 44.2 per cent of the assigned estimate and marking 7.4 per cent growth compared to the same period last year.
![]() Exports and imports handled at Đình Vũ Port, Hải Phòng City. — VNA/VNS Photo |
According to the General Department of Vietnam Customs (Vietnam Customs), the five months saw the country’s trade volume amounting to some $305.53 billion, up 16.6 per cent year-on-year.
Of the total turnover, the export and import value are estimated to hit $156.77 billion and $148.76 billion, year-on-year increases of 15.2 per cent and 18.2 per cent, respectively, resulting in a trade surplus of $8 billion.
For 2024, the National Assembly assigned Vietnam Customs to collect VNĐ375 trillion for the State budget, with balanced revenues from import-export activities set at VNĐ204 trillion.