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).
National flag carrier Vietnam Airlines has increased the frequency of flights running between Vietnam and the UK since July to meet the increasing travel demand between the two countries.
Revenue from the communications and information industry saw a significant drop in the first half of this year due to the difficult global and domestic economic situation, according to the Ministry of Information and Communications.
Several measures have been recommended to help Vietnamese exporters cope with dwindling demand in many markets around the world.
The economic slowdown in Vietnam has led to a significant decline in personal income tax revenue.
VOV.VN - The total retail sales of goods and consumer service revenue saw a year-on-year increase of 10.9% to reach over VND3 quadrillion during the first half of the year, the General Statistics Office (GSO) reported.
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.
VOV.VN - A total of five local banks have been included in this year's Forbes list of the world’s 2,000 largest firms.
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.
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.