The Ministry of Home Affairs has estimated that about VND130 trillion (US$5.1 billion) is required to implement policies and benefits for officials, civil servants, public employees, and workers as part of the scheme to streamline the political system’s organisational apparatus.
Despite numerous challenges in 2024, Ho Chi Minh City's economy still record a commendable growth rate of 7.17%, heard a conference held on December 26 to review local socio-economic development achievements for 2024 and set the tasks for 2025.
Budget smartphone segment, priced under VND5 million (US$200), accounted for about 51% of the total industry revenue in the third quarter of 2024, marking the highest share since the first quarter of 2022, according to Vietnam Handset Market Tracker.
The Prime Minister has endorsed three years of awards recognising exceptional achievements at a national level, in companies and organisations, who collectively are responsible for close to 170,000 workers.
The state budget revenue topped VND1.8 quadrillion (US$71 billion) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period from 2023, the Ministry of Finance reported on December 4.
With 428 out of 430 legislators present at the sitting voting in favour, the National Assembly (NA) approved a Resolution on state budget estimates for 2025 at its ongoing 8th session in Hanoi on November 13 morning.
State budget collection from import and export activities surged 14.5% year-on-year to nearly VND346.3 trillion (US$13.7 million) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.
Legislators continue discussions at the hall on the implementation of the State budget in 2024, and the State budget estimates, and the central budget allocation plan for 2025 on November 5 as part of the 15th National Assembly (NA)’s ongoing eighth session.
VOV.VN - A Vietnamese diplomat on October 17 called for additional budget to be allocated for development issues, at a meeting of the Fifth Committee of the UN General Assembly that deals with the UN administrative and budgetary matters.
Vietnam has initiated 29 trade defence investigations to protect its domestic market and businesses' interests, thus increasing state budget revenue by approximately VND1.5 trillion (US$60.4 million) a year, according to the Ministry of Industry and Trade (MOIT).