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Vietnam’s export revenue up 13.5% in March: customs data

Updated: 16:23, 04/04/2023
Export revenue in March was estimated at 29.57 billion USD, up 13.5% over the previous month, according to data released by the General Department of Customs.

The import figure for the month was 28.92 billion USD, a month-on-month rise of 24.4%.

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Export and import activities at Cat Lai Port in Ho Chi Minh City.

The aggregate export revenue in the first quarter of 2023 fell 11.9% from a year earlier to 79.17 billion USD, while imports plunged 14.7% to 75.1 billion USD.

Such figures indicate Vietnam recorded a trade surplus of 4.07 billion USD in the first three months of the year.

Government revenue from export-import activities during the period reached 91.267 trillion VND (3.9 billion USD), equivalent to 21.5% of the target and down 17% from last year.

Budget revenues from taxes up 16.7% in two months
The tax sector collected an estimated 325.78 trillion VND (13.73 billion USD) for the State budget in the first two months of 2023, a year-on-year rise of 16.7%, and equivalent to 23.7% of the yearly estimate, the General Department of Taxation has reported.
Electronic invoice boosts digital transformation, strict revenue management
(BGO) – Considering tax payer as the center, the Taxation Department in Bac Giang province has accelerated the digital transformation, typically successful application of electronic invoice (E-invoice). It proves clear efficiency in administrative procedure reform and supports tax payer.     
January’s State budget revenue estimated at 7.78 billion USD
Vietnam’s total State budget collection in January is estimated at 183.7 trillion VND (7.78 billion USD), equal to 11.3% of the yearly estimate and down 0.5% year-on-year, announced the Ministry of Finance on February 7.
Tax revenue up 4.4% year-on-year in January
Tax revenue in January was estimated at 165.7 trillion VND (7.06 billion USD), or 12.1% of the ordinance estimate, up 4.4% year-on-year, the General Department of Taxation reported on January 31.
Livestock firm Dabaco eyes biggest-ever revenues in 2023
Despite failing to realize the revenue target for last year, food and animal feed producer Dabaco Group is expecting biggest-ever revenues of VND24.562 trillion ($1.023 billion) for this year.

Source: NDO

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