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.

Total State budget collection was estimated at over VND1,803 trillion (US$76.6 billion) in 2022, equivalent to 127.8% of the estimate, up 15% year on year, reported the Ministry of Finance (MoF) on January 3.

State budget revenue in 2023 is projected at VND1.62 quadrillion (US$68.5 billion), up 0.4% from 2022, according to a report on state budget, which was exclusively made for the public.

The 11-month state budget revenue is estimated at nearly VND1.64 quadrillion (US$67 billion), equivalent to 116.1% of the target and up 17.4% from a year earlier, the Ministry of Finance (MoF) announced on December 1.

Legislators are continuing with discussions on the performance of the 2022 socio-economic development plan, socio-economic development plan for 2023, 2022 State budget, and 2023 State budget estimate, public investment plan and State budget allocation plan on the eight working day of the 15th National Assembly.

The 4th session of the 15th National Assembly will last 21 days, shorter than the usual year-end meetings which normally last about 30 days, Pham Thai Ha, vice chairman of the National Assembly (NA) Office said at a press conference in Hanoi on October 17.

VOV.VN - Prime Minister Pham Minh Chinh has suggested that the IMF make it a priority to support Vietnam as a developing country, particularly one that has experienced many years of war, with its economy currently being in transition and still facing numerous challenges.

Prime Minister Pham Minh Chinh has issued a decision earmarking over VND147 trillion (US$6.39 billion) from the State budget for ministries, agencies and localities to carry out the socio-economic recovery and development programme.