Tag: state budget
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.
PetroVietnam must continue as role model: PM
Prime Minister Nguyen Xuan Phuc on January 11 said the Vietnam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
Financial sector must try to free up resources for national development: PM
The financial sector needs to renovate more strongly to free up resources to meet the country’s development objectives, Prime Minister Nguyen Xuan Phuc told an online meeting to review financial sector and State budget performance in 2020 and define tasks for 2021.
Financial sector’s State budget collection expected to hit US$58.4 bln
The financial sector expects to collect over VND1.343 quadrillion (US$58.4 billion) for the State budget in 2021, equivalent to 15.5% of the country’s gross domestic product (GDP), said the Ministry of Finance.
