Prime Minister Pham Minh Chinh on January 6 urged the financial sector to harmoniously combine fiscal and monetary policies, and better the State budget management work in 2022.

The Government has identified three focal tasks for economic development in 2022, noting that it will capitalise on every opportunity to promote socio-economic recovery and development nationwide, maintain long-term growth momentum, and make use of new and sustainable drivers.

Deputies to the 15th National Assembly (NA) debated four draft documents and their verification reports on important issues of the national economy during the first day of their first extraordinary session on January 4.

An additional VND301 billion (US$13.17 million) from the 2021 State budget for sport and training has been approved for regular expenditure tasks needed for the preparation for the 31st Southeast Asian Games (SEA Games).

The Vietnam – Russia oil and gas joint venture Vietsovpetro aims to exploit over 2.9 million tonnes of oil equivalent and 65.4 million cu.m of natural gas next year, according to the company.

Disbursement of investment capital sourced from State budget was estimated at VND48.5 trillion (US$2.13 billion) in November, up 14.7% over the previous month, according to the General Statistics Office (GSO).

The Vietnam Oil and Gas Group (PetroVietnam) has reported that it has completed the target of 7.99 million tonnes of oil output set for this year, 42 days ahead of schedule.

VOV.VN - The 15th National Assembly (NA) held on November 13 adopted a resolution relating to the central budget allocation plan for 2022 as part of its second session, with 473 out of 475 legislators voting for the proposal.

Total state budget collection in the first ten months of 2021 fulfilled about 90.9% of the estimate and was up 5.5% year-on-year, showed data released by the Ministry of Finance’s Department of State Budget.

So far, Hanoi authorities have help those affected by the COVID-19 pandemic with more than VND3.086 trillion (about US$134.6 million), with over VND2.69 trillion coming from the State budget.