The revenue collection of Vietnam’s General Department of Customs has reached VND252.508 trillion (US$11.094 billion) as of December 15, 2016.
This is equal to 93.31% of the assigned target for full-year 2016 and 91.82% of the additional target imposed by the Ministry of Finance, according to the agency.
To meet the state target of VND270 trillion, the customs department must collect VND17.420 trillion in the last 16 days of the year, or an average revenue per day of VND1.088 trillion.
To reach the stated goal of VND275 trillion by the Ministry of Finance, Customs must collect VND22.492 trillion, or an average revenue collection per day of VND1.405 trillion.
Seventeen provincial and city customs departments have exceeded the target assigned by the state, according to a report by Vietnam Customs News.
These are Hanoi Customs, which achieved 101.26%; Dong Nai, 102.99%; Binh Duong, 100.67%; Bac Ninh, 108.24 %; Quang Ngai, 130.6%; Da Nang, 154.18%; Khanh Hoa, 169.99%; Quang Nam, 122.67%; Nghe An, 104.03%; Hue, 142.27%; Ha Giang, 124.04%; Dak Lak, 195.17%; Binh Phuoc, 193.85%; An Giang, 116.09%; Ca Mau, 413.99%; Kien Giang, 108.27%, and Ha Nam Ninh, 170.83%.
Those which are likely on course to meet their year-end targets are Ho Chi Minh City Customs, which has so far reached 92.37% of its goal; Hai Phong, 92.32%; Ba Ria-Vung Tau, 82.20%; and Quang Ninh Customs, 98.68%.
Customs branches whose revenue collection rates have failed to reach 50% of their state budget targets are Thanh Hoa Customs, which has a 32.69% performance rate; Binh Dinh, 44.28%; Dong Thap, 31.81%; Ha Tinh, 34.89%; and Gia Lai-Kontum, 48.85%.
Photo: K & K Finance