State budget revenue from import-export activities exceeded 309.99 trillion VND (about 11.8 billion USD) in the first seven months of 2026, up 18.7% year-on-year, according to the Department of Customs.

Illustrative photo.

The figure represents 68.7% of the annual revenue estimate of 451 trillion VND assigned by the Government and 60% of the department's target of 516.5 trillion VND, the agency said on August 5.

Vietnam's total import-export turnover climbed 28.1% year-on-year to 659.58 billion USD during the January–July period. Exports were valued at 319.53 billion USD, up 21.7%, while imports rose 34.8% to 340.05 billion USD.

Preliminary data showed the country recorded a trade deficit of 3.59 billion USD in July, bringing the cumulative trade deficit in the first seven months of the year to 20.52 billion USD.

The Department of Customs also reported continued efforts to combat smuggling and trade fraud.

The number of smuggling, trade fraud and illegal cross-border transport cases declined by 492 cases in July compared with the previous month, although it remained higher than the same period last year.

Authorities noted an emerging trend of gold smuggling, with three cases showing signs of criminal offences uncovered during the month.

The department also warned that the transit of counterfeit goods and products infringing intellectual property rights remains complicated. In addition to land border areas with China, Laos and Cambodia, violations have increased along major maritime routes through Hai Phong and Ho Chi Minh City.

A total of 24 intellectual property infringement and counterfeit goods cases were detected on these sea routes, up 14 cases, or 140%, from a year earlier.

In the first seven months, customs authorities detected and handled 13,413 violations, with the value of seized goods estimated at nearly 11.98 trillion VND.

The agency initiated legal proceedings against nine cases and referred 87 others for prosecution. Administrative fines collected from customs violations totalled 725.3 billion VND during the period.

High lychee prices bring Bac Ninh nearly 228 million USD in revenue

BAC NINH - Lychee sales in Bac Ninh province have progressed smoothly this season, with prices remaining at high levels and generating substantial income for growers and processing businesses, according to the provincial Department of Industry and Trade.

Soaring lychee prices drive Bac Ninh’s early-season revenue past 2.6 trillion VND

Bac Ninh province expects total lychee output to reach 125,000 tonnes in 2026, equivelent to 60.9% of the 2025 figure. However, authorities forecast revenue will surpass last year's level as prices are expected to remain high throughout the harvest season.

Customs revenue reaches 47.7% of annual target in five months

During the January–May period, Vietnam’s exports rose 19.5% year-on-year to 215.66 billion USD, while its imports surged 30.8% to 229.46 billion USD. Total trade turnover reached 445.12 billion USD, up 25% from a year earlier.

State budget revenue up 15.4% in first five months

Of the five-month figure, domestic revenue remained the main contributor, totalling an estimated 1.168 quadrillion VND, or 53.1% of the annual target, up 15.8% from the same period last year.

 

Phuc Hoa early ripening lychee revenue tops 270 billion VND

BAC NINH - Farmers in Phuc Hoa commune of Bac Ninh province are expected to generate more than 270 billion VND (10.2 million USD) from early-season lychee sales this year, despite lower output compared with previous seasons, local authorities said.

Budget revenue up 15.2% in four months

While still on track, the ministry flagged that fallout from the Middle East conflict and a suite of fiscal relief measures, including cuts to environmental protection tax, value-added tax, special consumption tax and fees on gasoline and aviation fuel, are starting to chip away at revenue. Collection progress and growth rates across several tax streams have decelerated from the previous year.