VOV.VN - Minister of Finance Ho Duc Phoc, on behalf of the government, presented a revised proposal concerning a 2% value added tax to 8% at the ongoing session of the National Assembly in Hanoi on May 24.

Deputy Prime Minister Tran Hong Ha has asked ministries and central agencies to work closely with localities to remove obstacles for particular projects, thus speeding up public investment disbursement.

VOV.VN - The government has agreed in principle to reduce the value added tax (VAT) by 2% to 8%.

State budget collection from export-import activities in the first two months stood at VND56.33 trillion (US$2.37 billion), or 13.3% of the estimate, down 19.4% year-on-year, reported the General Department of Vietnam Customs (Vietnam Customs).

The railway network connecting economic hubs and seaports needs to be designed as the key arteries of the economy, Deputy Prime Minister Tran Hong Ha said at a meeting with the Ministry of Transport and relevant departments on March 2.

VOV.VN - Enterprises based in Ho Chi Minh City exported a total of US$7.5 billion worth of goods via border gates during the opening two months of the year, recording a year-on-year increase of 3%, according to the latest statistics compiled by the Ho Chi Minh City People's Committee.

VOV.VN - The Government views public investment as both a resource and a driving force behind national development, says Prime Minister Pham Minh Chinh.

Customs agencies nationwide detected and handled 543 cases violating customs regulations between December 16, 2022, and January 15, 2023, according to the General Department of Vietnam Customs.

State budget collection from export-import activities in January topped VND24.8 trillion (US$1.07 billion), or 5.8% of the estimate, down 42.3% annually, reported the General Department of Vietnam Customs (GDVC).

Reducing the VAT (value added tax) by 2% has been the most practical solution to stimulate consumption and production.