Figures from the General Department of Vietnam Customs show that trade turnover between Vietnam and Laos stood at $1.076 billion in the first eight months of this year, a 27 per cent increase over the same period of 2021. Turnover for the year as a whole is expected to reach $1.6 billion, up 20 per cent compared to 2021.
Hai Phong Customs collected VND52.029 trillion ($2.2 billion) for the State budget in the first eight months of 2022, an increase of VND7.473 trillion ($317 million) compared to the same period of 2021. The result represented 77.6 per cent of the annual target of VND67.05 trillion ($2.85 billion) assigned to the northern port city by the General Department of Vietnam Customs. Hai Phong Customs said it has also achieved positive results in administrative reform, facilitating and reducing costs for businesses.