In the first eight months of 2023, the country's total import and export value reached 436.44 billion USD.

DNHN - In the first eight months of 2023, the country's total import-export value reached 436.44 billion USD, a decrease of 12.8%, or 64.21 billion USD, compared to the same period in 2022.

According to a report from the General Department of Customs, Vietnam's total import and export value reached 62.08 billion USD in August 2023, an increase of 8.8 percent compared to the previous month, or an increase of 5.01 billion USD.

The total export value reached 32.76 billion USD, a 9% increase (equivalent to USD 2.69 billion), while the total import value reached 29.32 billion USD, an 8.6% increase (equivalent to USD 2.22 billion).

In the first eight months of 2023, the country's total import-export value reached 436.44 billion USD, a decrease of 12.8%, or 64.21 billion USD, compared to the same period in 2022.

The total export value reached 228.17 billion US dollars, down 9.8 percent (equivalent to 24.79 billion US dollars), while the total import value reached 208.27 billion US dollars, down 15.9 percent (equivalent to 39.42 billion US dollars).

In August 2023, Vietnam's merchandise trade balance was in surplus by 3.44 billion USD, bringing the total surplus in the first eight months of 2023 to 19.9 billion USD.

Notably, import tax revenue from import and export activities between August 1 and August 31, 2023, has reached VND 27,771 billion, a 0.54 percent increase from the previous month.

Import tax revenue has reached 240,390 billion VND from August 1, 2023, to August 31, 2023, which is 56.6% of the estimate and 19.2% (or 57,077 billion VND) less than the same period the year before.

All fundamental customs procedures have been fully automated to create favorable conditions for individuals and businesses involved in customs procedures and import and export activities. For 99.65 percent of participating businesses, the General Department of Customs and Customs Branches have implemented electronic customs procedures.

Consequently, declaration, information reception, and customs clearance decisions can be made automatically at a high level, and the processing time for customs documents is between one and three seconds.

The General Department of Customs has also collaborated with EPAY Company to distribute free customs declaration software to businesses, and it continues to expand the GPS electronic positioning seal system to monitor goods across the nation. Importing and exporting in containers improves customs management and creates favorable business conditions.

In addition, the General Department of Customs has implemented the Automated Customs Management System (VASSCM) since 2017, connecting and exchanging information with businesses operating at ports, airports, warehouses, and warehouses. customs inspection checkpoint. The implementation of VASSCM has contributed to the simplification of procedures, the reduction of contact time between customs and businesses, and the improvement of government management in the customs sector.

P.V (t/h)