VOV.VN - Numerous FDI enterprises have consistently reported losses over the course of several years, despite continuing to invest in and expand production and business activities, along with an annual increase in revenue, thereby causing losses and damage to the state budget.
Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.
State budget revenue has reached over VND1.3 quadrillion (US$59.5 billion) so far this year, representing 91.14% of the annual estimate, according to the Deputy General Director of the State Treasury, Nguyen Quang Vinh.
The Vietnam – Russia oil and gas joint venture Vietsovpetro has reported an oil and condensate output of nearly 3.14 million tonnes in the first 11 months of this year, 9.4% higher than its yearly plan.