The 13th Party Central Committee spent the second working day of the 8th plenum on October 3 discussing several important economic issues.

VOV.VN - The Vietnamese economy has shown signs of improvement and positive recovery, Prime Minister Pham Minh Chinh said, while asking localities and ministries to devise effective solutions in all fields so as to maintain growth momentum ahead in the remaining months of the year.

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.

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.

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.

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.

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).

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).

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.

The 15th National Assembly (NA) on June 19 adopted a resolution approving State budget settlement in 2021, during its ongoing fifth plenary session.