Vietnam's state budget received a substantial uplift from export-import activities, amounting to 200.46 trillion VND (8.35 billion USD) in the first half of 2024, reflecting an 8.4% increase from the previous year. This achievement, highlighted by the General Department of Vietnam Customs (GDVC) on July 9, underscores the nation's strong trade performance amid a dynamic economic environment.
Vietnam's total export-import turnover surged to 369.62 billion USD during the same period, demonstrating a robust annual growth rate of 16%. Exports grew by 14.9% to 190.73 billion USD, slightly trailing imports which rose by 17.3% to 178.88 billion USD, resulting in a healthy trade surplus of 11.85 billion USD.
Looking ahead, GDVC Director General Nguyen Van Can outlined key priorities for the remainder of the year. These include achieving budget revenue targets, combating illegal activities such as smuggling and trade fraud, and enhancing digitalization efforts at border crossings to enhance operational efficiency and transparency.
For 2024, the National Assembly has set a goal of collecting 375 trillion VND for the state budget, with export-import activities anticipated to contribute 204 trillion VND.
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