The information and communications industry’s total revenue for this year is estimated at VND4.24 quadrillion (US$166.7 billion), marking a 13.2% increase from 2023.

VOV.VN - For the first time, Vietnam’s State budget revenue has exceeded VND2 quadrillion in 2024, reflecting the robust development of the national economy, according to the Ministry of Finance.

Vietnam's total state budget revenue for 2024 is projected to surpass VND2.02 quadrillion (approximately US$79.24 billion), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance.

The Ministry of Home Affairs has estimated that about VND130 trillion (US$5.1 billion) is required to implement policies and benefits for officials, civil servants, public employees, and workers as part of the scheme to streamline the political system’s organisational apparatus.

The Prime Minister has endorsed three years of awards recognising exceptional achievements at a national level, in companies and organisations, who collectively are responsible for close to 170,000 workers.

The state budget revenue topped VND1.8 quadrillion (US$71 billion) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period from 2023, the Ministry of Finance reported on December 4.

With 428 out of 430 legislators present at the sitting voting in favour, the National Assembly (NA) approved a Resolution on state budget estimates for 2025 at its ongoing 8th session in Hanoi on November 13 morning.

State budget collection from import and export activities surged 14.5% year-on-year to nearly VND346.3 trillion (US$13.7 million) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.

Legislators continue discussions at the hall on the implementation of the State budget in 2024, and the State budget estimates, and the central budget allocation plan for 2025 on November 5 as part of the 15th National Assembly (NA)’s ongoing eighth session.

Vietnam has initiated 29 trade defence investigations to protect its domestic market and businesses' interests, thus increasing state budget revenue by approximately VND1.5 trillion (US$60.4 million) a year, according to the Ministry of Industry and Trade (MOIT).