Tag: state budget
Vietsovpetro to complete all goals for 2021 in September
The Vietnam – Russia oil and gas joint venture Vietsovpetro is likely to complete all of its yearly targets in revenue, profit and State budget payment right in September thanks to comprehensive and effective measures to promote production.
Finance Minister affirms State budget sufficiency
Finance Minister Ho Duc Phoc has affirmed that the State budget is enough for expenditures planned by the National Assembly (NA) and the Prime Minister.
Politburo gives opinions on socio-economic performance
The Politburo listened to the Party delegation to the Government’s reports on the 2021 socio-economic performance, the 2022 socio-economic development plan, the 2021 State budget, the 2022-2024 finance-State budget plan, and the time for salary reform, during a meeting in Hanoi on September 17.
PVEP fulfils state budget contribution goal
The PetroVietnam Exploration Production Corporation (PVEP), has surpassed all of its business goals, with the contribution to the State Budget 7% higher than the year’s plan.
PetroVietnam posts three-fold rise in pre-tax profits
The Vietnam Oil and Gas Group (PetroVietnam) reported that its pre-tax profit in the first eight months of the year surpassed the set plan by 177% and tripled the figure for the same period last year, reaching VND30.2 trillion (US$1.32 billion).
Vietnam to add 18 new routes to railway network by 2050
Vietnam will add 18 new routes, 1,528km in total length, to its national railway network by 2050, according to a draft planning for the 2021 – 2030 period, with a vision towards 2050.
Digital transformation improves business efficiency
The Ministry of Planning and Investment is developing a draft programme to support digital transformation in enterprises, cooperatives and business households for 2021-2025, to meet the practical and urgent needs of the fourth industrial revolution and tackling the pandemic.
Minister: slow public capital disbursement could cause loss of economic opportunities
Minister of Planning and Investment Nguyen Chi Dung has said low disbursement of public investment capital amid the COVID-19 pandemic could waste resources and result in the loss of opportunities to create a driving force for economic development.
Cash registers at select businesses to connect to tax authorities by 2022
Commercial centres, supermarkets, restaurants, and pharmacies will use electronic invoices generated by cash registers and connected to tax authorities from July 1 next year.
State budget collection up 15.6% in seven months
Total state budget revenue reached VND912.1 trillion (US$39.74 billion) in the first seven months of 2021, equaling 67.9% of the estimate and up 15.6% year-on-year, data released by the Ministry of Finance on August 9 showed.
