Finance

Tariff revenue slumps due to disease

FRIDAY, 07/02/2020 10:24:03

From the beginning of the year to February 6, the Hai Duong Customs Sub-department received and processed 27,006 import and export declarations.

The total tax revenue reached nearly VND320 billion, equivalent to nearly 7.2% of the estimate assigned for the year and more than 62% of the same period last year.

It was partly due to the impact of complicated happenings of nCoV-caused acute respiratory disease, resulting in difficult import and export.

Besides, sources of tariff revenue in the province, mainly imported automobile parts, iron, steel, coke, etc. of Ford Vietnam Co., Ltd., Hoa Phat Energy JSC., Daeho Steel Vietnam Co., Ltd., dropped. Taxes on many products fell to 0%.

TRANG LAM

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