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You are here: Home / BUSINESS IN BRIEF 31/8

BUSINESS IN BRIEF 31/8

Poor auto sales see tax figures spin out Plummeting auto sales and imports have smashed tax figures. The Customs Department in Haiphong port city was assigned to raise VND53.2 trillion ($2.53 billion) worth in taxes this year, with VND47.2 trillion ($2.24 billion) coming from Haiphong area alone. However, the first seven months witnessed just 35 per cent of the assigned figure. Haiphong area’s completely built unit (CBU) car import value shed 74 per cent on-year, falling to $155 million, making cars the item with most sinking import figures among the city’s top 10 items in import value and tax collection each year. (more…)

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