10:51:34 AM | 10/21/2020
The Inspectorate of the Ministry of Finance and market watchdogs probed 436,112 tax declaration records and seized 9,110 smuggling and trade fraud cases in the first nine months of 2020 and proposed imposing fines of VND43,646.941 billion. Inspected units paid VND8,717.892 billion to the State Budget.
The fight against smuggling and trade fraud was stepped up in the reviewed period. In the third quarter of 2020, customs agencies worked with relevant bodies to unearth and capture a total of 3,338 cases of smuggling and illegal trade with violated value of VND915.216 billion. As much as VND204.884 billion was paid in the period. Customs agencies prosecuted 12 cases and transferred 27 cases to other relevant bodies.
In addition, the Ministry of Finance actively coordinated with concerned agencies and localities to implement solutions to stabilize market prices, especially essential commodities, such as food, goods for Covid-19 epidemic prevention and inputs for manufacturing, determined by the government. The ministry stepped up inspection of regulatory compliance with pricing laws. Gasoline and oil prices were closely monitored and adjusted in line with world price movements.
By Le Hien, Vietnam Business Forum
Vietnamese
