Tag: state budget
HCM City requires over US$42 billion for transport infrastructure upgrades
The HCM City People’s Committee has issued a plan to implement the city's transport infrastructure upgrade project in the 2021-2030 period, which will require investment of VND970.6 trillion (US$42.3 billion).
Vietnam shares economic development experience with Venezuela
A webinar on the role of the private economic sector and experience in foreign investment management of Vietnam in Doi moi (renewal) process took place in Venezuela on June 9.
Labour Confederation proposes health insurance premium exemption
The Vietnam General Confederation of Labour (VGCL) has proposed an eight-month exemption of health insurance premiums, until January next year, for labourers and firms victimised by COVID-19.
State budget revenues hit US$24.48 billion in Jan–May
State budget revenues managed by tax agencies reached VND562.36 trillion (US$24.48 billion) in the first five months of 2021, equivalent to 50.4% of the yearly estimate and up 11.9% year-on-year.
NA Standing Committee opens 56th meeting
The 14th National Assembly (NA) Standing Committee commenced the 56th meeting in Hanoi on May 27 morning, with preliminary results of the general elections among the issues high on the agenda.
Four-month State budget revenue goes up 7.3%
The State budget revenue was estimated at VND543.4 trillion (over US$23.7 billion) in the first four months of 2021, equivalent to 40.5% of the estimate and up 7.3% from a year earlier, said the Ministry of Planning and Investment (MPI).
Disbursement of State-funded public investment in April at record since 2017
The disbursement of public investment sourced from the State budget in April was estimated at VND30.4 trillion (US$1.32 billion), a year-on-year surge of 23.9%, and reaching the highest monthly level since 2017, according to the General Statistics Office.
PVEP’s State budget contribution surpasses 43% of set target
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), contributed nearly VND2.3 trillion (US$99.8 million) to the State budget in the first four months of 2021, or 43% higher than the set plan.
PVEP’s contribution to State budget 41% higher than plan in Q1
The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has surpassed all of its business goals in the first quarter of 2021, with contribution to the State Budget particularly 41% higher than the year’s plan.
Disbursement of public investment for agriculture likely to reach 11.4% in Q1
The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4% of its yearly plan of public capital disbursement at the end of the first quarter of this year.
