Declaration Forms Rises 58% at Hai Phong Customs

9:50:34 AM | 6/23/2021

In May 2021, the total customs declaration forms at Hai Phong Customs Department rose 58.265 year on year and 3.13% over the previous month. Of the sum, 105,139 forms were about import and 85,527 forms were about export.

Among its nine sub-departments, the Customs Office for Export Processing and Industrial Zones accounted for the largest share in May with 43,948 declarations, or 23% of the total.

The branch is now managing five industrial zones and export processing zones (Trang Due, Nomura, VSIP, Nam Cau Kien and An Duong) with about 200 enterprises regularly submitting customs forms.

In the meantime, the Customs Branch for Hai Phong Port Area had the least of 5,257 declarations, but it had the largest budget revenue among nine sub-departments because it mainly handled procedures for completely built automobiles imported via to Hai Phong Port. In May, it collected VND1,963 billion for the State Budget, totaling VND8,330 billion in January-May period, accounting for nearly 31% of the total value fetched by the Department.

In May, the import and export value via the Hai Phong Customs Department reached about US$8.88 billion, 5.5% higher than in April and 55.9% more than a year ago. Of the sum, exports valued more than US$4.1 billion, up 58% year on year, generating US$27.83 million of duty, up 131.3%. Imports were worth US$4.77 billion, up 54.1% year on year, generating US$1.85 billion of tax, up 49.3%.

The department collected VND26,903 billion of tax revenue for the State Budget by the end of May, fulfilling 48.04% of the target assigned by the Ministry of Finance (VND56,000 billion) and 46.47% of the target assigned by the General Department of Customs (VND57,900 billion). The value was 20.68% higher than the same period of 2020.

By Le Hien, Vietnam Business Forum