By the end of February, Hai Phong Customs Department had collected VND 9,497 billion, reaching 16.96% of the target setby the Ministry of Finance (VND56,000 billion), reaching 16.4% of the target setby the GDVC (VND 57,900 billion), up 11.6% year-on-year.

Chart by: T.B

Hai Phong Customs Department’s revenue in February reached VND 4,493 billion, down VND 511 billion month-on-month.

Due to the week-long Lunar New year holiday, import turnover of major commodity groups fell sharply.

Specifically, the import turnover of cars reached US$66.91million, decreasing by 12.8%, motorbikes reached $0.42 million, declining by 56.9%; petroleum products reached $39.52 million, falling by 6.6%; iron and steel reached $162.04 million, decreasing by 4.8%.

By the end of February, four of nine customs branches under Hai Phong Customs Department collected from VND 1,000 billion or more.

Hai Phong Seaport Customs Branch of Zone 1 collected VND 2,780 billion. Inthe past year, the branch has collected the highest revenue because auto importsaremainly conducted in this area.

Hai Phong Seaport Customs Branch of Zone 3 collected VND 1,530 billion, Dinh Vu Seaport Customs Branch collected VND 1,437 billion, Investment and Processing Customs Branch collected VND 1,394 billion.