Tag: state budget
State budget revenue tops 70% of year's estimate in eight months
The total State budget revenue in the first eight months of this year topped VND962 trillion (nearly US$40 billion), equivalent to 70.1% of the estimate for the whole of this year and 93.9% compared to the figure in the same period last year, the General Department of Taxation reported on September 11.
Petrovietnam fulfils annual budget contribution target ahead of schedule
VOV.VN - The Vietnam Oil and Gas Group (Petrovietnam)’s contributions to the State budget has met this year’s target five months ahead of schedule.
State budget collection tops VND1 quadrillion in 7 months
The total revenue to the State budget between January and July exceeded VND1.01 quadrillion (US$42.53 billion), equaling 62.7% of the yearly estimate and dropping by 7.8% from the same period last year.
Seven-month budget collection from export-import down nearly 20%
State budget collection in the first seven months of this year stood at VND211.23 trillion (US$8.89 billon), equivalent to 49.7% of the estimate, down 19.6% year-on-year, the General Department of Vietnam Customs reported on August 3.
Public investment disbursement improves in seven months
The disbursed capital sourced from the state budget topped VND291 trillion (US$12.3 billion) in the first seven months of 2023, equivalent to 41.3% of the yearly target and rising 22.1% from a year earlier, showing an observable improvement in public investment disbursement, said the General Statistics Office (GSO).
H1 state budget revenue reaches 54% of yearly target: MoF
The state budget revenue stood at VND875.8 trillion (US$37 billion) in the first half of 2023, equivalent to 54% of this year’s target, reported the Ministry of Finance (MoF).
2% VAT cut proposal gets the go-ahead
VOV.VN - Lawmakers on June 24 approved a resolution on the reduction of the value added tax (VAT) by 2% within six months in an attempt to reboot the economy and stimulate consumption.
NA passes resolution on 2021 State budget settlement
The 15th National Assembly (NA) on June 19 adopted a resolution approving State budget settlement in 2021, during its ongoing fifth plenary session.
Vietnam’s public employees earn wage less than Southeast Asian peers
Higher wages are needed to attract and retain employees working for the public sector in Vietnam who are lagging behind their peers in many Southeast Asian countries in terms of income, the online newspaper Vietnamnet reported.
NA Standing Committee convenes meeting
National Assembly Chairman Vuong Dinh Hue chaired a meeting of the NA Standing Committee in Hanoi on June 12.
