State budget revenues managed by tax agencies reached VND562.36 trillion (US$24.48 billion) in the first five months of 2021, equivalent to 50.4% of the yearly estimate and up 11.9% year-on-year.
The 14th National Assembly (NA) Standing Committee commenced the 56th meeting in Hanoi on May 27 morning, with preliminary results of the general elections among the issues high on the agenda.
Prime Minister Pham Minh Chinh has supported Ho Chi Minh City’s proposal to retain 23% of its budget revenues, up from the previous 18%, to create conditions for sustainable development.
The State budget revenue was estimated at VND543.4 trillion (over US$23.7 billion) in the first four months of 2021, equivalent to 40.5% of the estimate and up 7.3% from a year earlier, said the Ministry of Planning and Investment (MPI).
The disbursement of public investment sourced from the State budget in April was estimated at VND30.4 trillion (US$1.32 billion), a year-on-year surge of 23.9%, and reaching the highest monthly level since 2017, according to the General Statistics Office.
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), contributed nearly VND2.3 trillion (US$99.8 million) to the State budget in the first four months of 2021, or 43% higher than the set plan.
Chairman of the National Assembly (NA) Vuong Dinh Hue had a working session with the parliament’s Committee for Financial and Budgetary Affairs in Hanoi on April 22, highlighting the committee’s significant contributions to the success of the 14th NA.
The Ho Chi Minh City Party Committee held the fifth conference in the 11th tenure on April 13 to discuss a draft report on socio-economic and budget performance in the first quarter, and key tasks and goals for the second quarter.
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has surpassed all of its business goals in the first quarter of 2021, with contribution to the State Budget particularly 41% higher than the year’s plan.
VOV.VN - Local budget airline VietJet Air has announced the re-launch of a number of international routes that will connect the nation with regional destination such as Thailand, Japan, the Republic of Korea, and Taiwan (China) in April.