Desolate scene at the largest imported car port in Ho Chi Minh City

According to the leader of the Hiep Phuoc Port Customs Branch (Ho Chi Minh City Customs Department), from December 2023, the number of imported cars to this port continued to decrease sharply. Among them, there were only a few popular car models, absolutely no luxury cars. This is a rare thing at a port specializing in receiving imported cars like Hiep Phuoc port at the end of the lunar year.

The number of imported cars to Hiep Phuoc port has decreased sharply since mid-2023 until now.

At the area for imported car inspection, there was only one car standing alone waiting to complete the procedures. Previously, this area always had hundreds of cars. Especially, in the last month of the lunar year, the area was never empty for a single day.

At the imported car inspection area, there was only one car standing alone waiting to complete the procedures.

It is worth mentioning that at the car parking lot waiting for customs procedures, there have been hundreds of cars "unsold" for a whole year, but due to financial difficulties, businesses have not yet gone to the port to complete procedures to receive the cars.

Many cars were imported nearly a year ago but businesses have not completed the procedures due to financial difficulties.

According to the Hiep Phuoc Port Customs Branch, the number of imported vehicles to the port increased steadily in the first half of 2023, but from the second half of 2023 until now (from June 2023), the number of vehicles to the port has decreased "unprecedentedly", causing the import turnover through the port to decrease by nearly 350 million USD. This greatly affects the unit's budget revenue.

The number of imported cars to Hiep Phuoc port is forecast to continue to decrease due to economic difficulties.

The Hiep Phuoc Port Customs Branch was assigned by the Ho Chi Minh City Customs Department a state budget revenue target of VND 26,200 billion this year.

Tax collection from imported cars at Hiep Phuoc port accounts for 21% of the revenue of the Ho Chi Minh City Customs Department in the first half of 2023; an average of nearly 2,654 billion VND/month. However, in the next 5 months (from July to November 2023), the average monthly revenue only reached more than 1,543 billion VND (equal to about 58% compared to the first 6 months of the year). In 2023, the total number of imported cars (with completed procedures) through Hiep Phuoc port was 58,172 units, and imported motorbikes was nearly 1,500 units. This unit brought in over 23,908 billion VND in state budget revenue.

In 2024, the number of imported cars to this port is forecast to continue to decrease. Therefore, the unit's state budget revenue is forecast to continue to be difficult.

Source link: https://thanhnien.vn/canh-diu-hiu-tai-cang-tiep-nhan-xe-nhap-khau-lon-nhat-tphcm-185240116181219648.htm