Tag: state budget
Tax revenue totals US$10.7 billion in first two months
Nearly VND246.449 trillion (over US$10.7 billion) in taxes was collected for the State budget in the first two months of 2021, equivalent to 22.1% of the estimate, according to the General Department of Taxation.
Disbursement of public funds sped up to fuel growth
Public investment disbursement has been accelerated since the opening days of the year as it continues to be seen as an important driving force of economic growth this year, the Dau tu (Vietnam Investment Review) newspaper reported.
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Tax deadline should be delayed for businesses, says ministry
Businesses may have several additional months before they have to pay income tax and land-use fees, per a proposal from the Ministry of Finance (MoF) to the Government.
Finance Ministry suggests further extending tax payment deadline
The Ministry of Finance has submitted a proposal to the Government seeking approval to create a decree expanding the timeframe for tax and land lease payments.
90% of public investment plan to be disbursed by Q4
Minister of Planning and Investment Nguyen Chi Dung has asked ministries, central agencies, and localities to continue applying measures to speed up the disbursement of public investment capital, with the aim of completing 90% of disbursement planned for 2021 by the fourth quarter of the year.
Hai Phong grants investment approval to LG Display’s project
Chairman of the People’s Committee of northern Hai Phong city Nguyen Van Tung on February 7 granted a certificate to LG Display Vietnam Hai Phong’s project adding US$750 million in investment.
HCM City’s State budget collection up 2.9% in January
State budget collections in Ho Chi Minh City in January were estimated at VND42.47 trillion (US$1.84 billion), 11.6% of the estimate and up 2.9% year-on-year, according to the municipal Statistics Office.
Import-export value through Lao Cai’s border gates declines due to COVID-19
Total import-export turnover through border gates of northern Lao Cai province, which borders China, reached nearly US$1.7 billion in 2020, equal to 94% of the previous year.
Tax evasion questions raised as 55% of FDI enterprises report losses
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.
State capital management commission completes tasks for 2020
The Commission for the Management of State Capital at Enterprises (CMSC) has completed the settlement of 233 out of 259 cases transferred from ministries, including 44 handled in 2020, heard a conference in Hanoi on January 11.
