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Tag: budget

H1 state budget revenue reaches 54% of yearly target: MoF
H1 state budget revenue reaches 54% of yearly target: MoF

The state budget revenue stood at VND875.8 trillion (US$37 billion) in the first half of 2023, equivalent to 54% of this year’s target, reported the Ministry of Finance (MoF).

H1 state budget revenue reaches 54% of yearly target: MoF

H1 state budget revenue reaches 54% of yearly target: MoF

2% VAT cut proposal gets the go-ahead
2% VAT cut proposal gets the go-ahead

VOV.VN - Lawmakers on June 24 approved a resolution on the reduction of the value added tax (VAT) by 2% within six months in an attempt to reboot the economy and stimulate consumption.

2% VAT cut proposal gets the go-ahead

2% VAT cut proposal gets the go-ahead

New development policies for HCM City get lawmakers’ nod
New development policies for HCM City get lawmakers’ nod

VOV.VN - With a majority of votes in favour, the National Assembly on June 24 passed a resolution on specific development policies for Ho Chi Minh City, the country’s largest economic and financial hub.

New development policies for HCM City get lawmakers’ nod

New development policies for HCM City get lawmakers’ nod

NA passes resolution on 2021 State budget settlement
NA passes resolution on 2021 State budget settlement

The 15th National Assembly (NA) on June 19 adopted a resolution approving State budget settlement in 2021, during its ongoing fifth plenary session.

NA passes resolution on 2021 State budget settlement

NA passes resolution on 2021 State budget settlement

Businesses contribute to economic stability and development: Official
Businesses contribute to economic stability and development: Official

Prosecutor General of the Supreme People's Procuracy of Vietnam Le Minh Tri has described businesses as particularly important entities, contributing to the economic stability and development, generating jobs for people and paying taxes to the national budget.

Businesses contribute to economic stability and development: Official

Businesses contribute to economic stability and development: Official

Vietnam’s public employees earn wage less than Southeast Asian peers
Vietnam’s public employees earn wage less than Southeast Asian peers

Higher wages are needed to attract and retain employees working for the public sector in Vietnam who are lagging behind their peers in many Southeast Asian countries in terms of income, the online newspaper Vietnamnet reported.

Vietnam’s public employees earn wage less than Southeast Asian peers

Vietnam’s public employees earn wage less than Southeast Asian peers

NA Standing Committee convenes meeting
NA Standing Committee convenes meeting

National Assembly Chairman Vuong Dinh Hue chaired a meeting of the NA Standing Committee in Hanoi on June 12.

NA Standing Committee convenes meeting

NA Standing Committee convenes meeting

State budget revenue nears VND770 trillion in five months
State budget revenue nears VND770 trillion in five months

State budget collection in the January-May period was estimated at over VND769.6 trillion (US$32.75 billion), equivalent to 47.5% of the estimates for the whole year, the Ministry of Finance reported on June 8.

State budget revenue nears VND770 trillion in five months

State budget revenue nears VND770 trillion in five months

State budget revenues from export-import down 18% in five months
State budget revenues from export-import down 18% in five months

The State budget's revenues from export-import activities hit over VND152.94 trillion (US$6.5 billion) in the first five months of this year, making up 36% of the estimate, down 18% year on year, the General Department of Vietnam Customs (GDVC) reported on June 7.

State budget revenues from export-import down 18% in five months

State budget revenues from export-import down 18% in five months

State budget collection reaches over 48% of estimate in five months
State budget collection reaches over 48% of estimate in five months

The total State budget revenue in the first five months of this year reached over VND663.84 trillion (US$28.27 billion), equivalent to 48.3% of the ordinance estimate and 96.9% compared to the figure in the same period last year, reported the General Department of Taxation on June 2.

State budget collection reaches over 48% of estimate in five months

State budget collection reaches over 48% of estimate in five months

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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016