The Department of Customs announced that State budget revenue from import and export activities in the first 10 months of 2025 reached 379.8 trillion VND (over 14.4 billion USD). The total trade is equivalent to 92.4% of the annual estimate and 80.8% of the targeted goal, marking a 9.3% increase year-on-year, or 32.4 trillion VND.

Cat Lai port, Ho Chi Minh City.

Total import-export turnover during the period amounted to 762.5 billion USD, up 17.4% (or 112.74 billion USD) compared to the same period last year, resulting in a trade surplus of 19.6 billion USD.

The Customs Department noted that fluctuations in global and domestic gold markets in October, coupled with a large price gap, have increased the risk of gold and currency smuggling across borders, particularly along land and inland water routes bordering Cambodia.

Offenders often conceal gold and cash in personal luggage or vehicles. Customs authorities have detected attempts to smuggle items hidden on persons and in carry-on baggage on international flights, especially those from Taiwan to Vietnam.

Meanwhile, illegal transit and re-export activities involving counterfeit goods and products infringing intellectual property rights continue to occur, particularly at border gates with China, Laos, and Cambodia.

From December 15, 2024, to October 14, 2025, customs authorities handled 15,121 violations worth an estimated 19.6 trillion VND, which contributed 710.3 billion VND to the State budget. The customs sector also initiated 16 criminal cases and transferred 100 others to relevant agencies for prosecution.

State budget revenue exceeds 2025 estimate

Domestic revenue, excluding crude oil, contributed more than 1.72 quadrillion VND, exceeding the estimate by 3.31%, while revenue from import-export reached 249.22 trillion VND, exceeding the estimate by 6.05% after deducting VAT refunds. Revenue from crude oil totaled 39.04 trillion VND, equal to 73.38% of the estimate.

 

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