Currency and Exchange Rates Used in Import and Export Statistics

Let me ask, regarding customs statistics activities for import and export goods, what are the regulations on the currency and exchange rate used?

Pursuant to Article 14 of Circular 52/2020/TT-BTC (effective from August 1, 2020) stipulating the currency and exchange rate used in customs statistics for export and import goods:

- The currency used in the statistics of export and import goods of Vietnam is Vietnamese Dong and US Dollar.

- The customs authority shall base on the current regulations on the tax calculation exchange rate to convert foreign currencies used in statistics.

Above is the content of the regulation on currency and exchange rate used in customs statistics for export and import goods.

Respectfully!

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