Can Tho Customs Completes Budget Revenue Target for 2020

3:06:57 PM | 7/23/2020

The Can Tho Customs Department collected over VND2,360 billion in the year to July 16, up 55% year on year, higher than the initial target of VND2,351 set for the year and equal to over 95.5% of the revised target of VND2,470 billion.

To achieve this stunning result, right since the beginning of the year, the Can Tho Customs Department has adopted budgetary collection measures, strictly managed revenue sources; strengthened inspection and control of tax codes, price codes, origins and tax rates on exports and imports, and strictly controlled tax exemption, tax refund and free tax.

The budget revenue growth was driven by machinery and equipment for investment projects, which grew by 215%, imported petroleum products which soared 90.64% and coal for thermal power plants that advanced over 40%, said the Can Tho Customs Department.

Source: Vietnam Business Forum