Budget collection from import-export up 14.6%

Budget collection from import-export activities topped 362.4 trillion VND (14.57 billion USD) in the first 10 months of this year, equivalent to 86.3% of the set target and up 14.6% year-on-year, according to the General Department of Customs.

The total import-export value in the period under review reached an estimated 616.2 billion USD, up 14.1% from the same period last year, the department reported.

Processing tra fish for export.

Of the figure, the export and import turnovers totaled 312.8 billion USD and over 303.4 billion USD, representing year-on-year rises of 15.9% and 12.2%, respectively, leading to a trade surplus of 9.4 billion USD for Vietnam in the period.

The department said more measures will be taken in the remaining months of the year to remove difficulties and obstacles facing businesses.

Attention will be paid to improving the business environment in order to make it easier for enterprises to develop stably, thus promoting economic development and increasing budget collection, it added.

Other activities such as post-customs clearance inspection, specialised inspection, fight against smuggling and commercial fraud, and inspection and control of imports and exports will be also strengthened.

Vietnam’s export to America growing thanks to CPTPP: seminar

Vietnam’s export to America has made impressive growth after the three-year implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), heard a seminar held by the Industry and Trade Magazine on October 27.

 

Fertiliser exports set new record

Fertiliser exports have set a new record, as the nine-month revenue was already 300 million USD higher than last year’s figure, the Dau tu (Vietnam Investment Review) reported.

 

Vietnam issues nearly 4,600 planting area codes for export

Vietnam has issued 4,597 planting area codes for export activities in 54 provinces and cities, according the Ministry of Agriculture and Rural Development (MARD).

 

Loc Troi Group secures credit to boost high-quality rice exports

The Vietnamese rice exporter Loc Troi Group has signed a contract with seven commercial banks to secure credit to expand its high-quality rice cultivation areas for export.

 

Bac Giang exports various farm produce to the US

(BGO) – After years of negotiation, Toan Cau Food Import Export Joint Stock Company in Luc Ngan district (Toan Cau Food) (Bac Giang province) has successfully exported first batch of over 30 tonnes of soya bean to the US which brings happiness to local farmers because they now can expand the production to gain high income from this crop.

 

Source: VNA