Hanoi (VNA) –💧 Export-importturnover hit 668.5 billion USD in 2021, up 123 billion USD compared tothe previous year and posting the highest growth ever.
The informationwas revealed by the General Department of Vietnam Customs during a recent conference to review the sector's performance this year and deploy tasks in 2022. State budgetcollection from imports and exports posted a year-on-year expansion of 19.2 percent, heardthe event. Although variouslocalities applied social distancing measures to curb the spread of COVID-19, export-importturnover of goods handled by customs offices of 19 southern provinces and citiesexpanded 16 percent against the previous year. Ho Chi Minh City'scustoms office in particular handled more than 117 billion USD worth of goods,and Binh Duong office tackled over 47 billion USD. Tax collectionfrom exports-imports enjoyed a 19.2 percent growth to top 370 trillion VND (16.21 billion USD). Theincrease was driven by the surge in tax collection of some commodities like petrol,crude oil and iron ore.
Of note,the number of imported automobile grew 1.6-fold against that of the previousyear, bringing in over 14 trillion VND in tax.
ꦫ In thecoming year, the customs sector sets a target of collecting 352 trillion VND intax, said Deputy Minister of Finance Vu Thi Mai./.
Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high with exports totalled nearly 104 billion USD, an increase of over 28 percent against the same period last year.
Minister of Industry and Trade Nguyen Hong Dien and Chinese Ambassador to Vietnam Xiong Bo agreed to facilitate bilateral export-import activities during their meeting in Hanoi on May 25.
Vietnam's total import-export revenue was estimated at more than 316.7 billion USD in the first six months of 2021, according to the General Statistics Office.
Vietnam’s export-import could reach 640-645 billion USD, with a slight trade surplus this year, according to deputy head of the Ministry of Industry and Trade’s Export and Import Department Tran Thanh Hai.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
At a customs office (Photo: tuoitre.vn) 
