Hai Phong: Merchandise Customs Clearance Rises 30% YoY in Jan-July

9:23:08 AM | 9/8/2021

Nearly US$58 billion worth of imports and exports was cleared by Hai Phong Customs Department in the first seven months of 2021, up 30.6% year on year, representing strong actions of Hai Phong Customs for the business community amid a complicated and prolonged COVID-19 pandemic.

By the end of July, the department collected VND38.99 trillion for the State Budget, fulfilling 69.6% of the full-year target assigned by the Ministry of Finance (VND56 trillion) and 67.3% of the target designated by the General Department of Customs (VND57.9 trillion), representing year-on-year growth of 27.04%.

Biggest taxpayers in July included automobiles (US$120.19 million, up 281.6%); auto parts (US$67.12 million, up 522.2%); motorcycle parts (US$2.15 million, up 170.5%); and petroleum products (US$65.70 million, up 14.3%).

In the first seven months of 2021, import and export value via Hai Phong Customs reached nearly US$58 billion, up 30.6% year on year or an addition of more than US$13.5 billion. Of the sum, exports were worth US$27.5 billion, up 32% and imports valued US$30.4 billion, up 29.3%.

The import and export growth via Hai Phong Customs was remarkable, showing efforts and determination of customs officers to prevent and control the COVID-19 pandemic and quicken customs clearance for imports and exports. In particular, the COVID-19 pandemic broke out strongly in Hai Phong, Hai Duong, Hung Yen and Thai Binh which were administered by Hai Phong Customs. As Hai Phong Port is the largest trade gateway in the north, Hai Phong government has taken drastic measures for COVID-19 pandemic prevention to smooth export and import.

By Le Hien, Vietnam Business Forum