Tags: state budget

Budget overspending looks likely

Budget overspending looks likely

The Ministry of Finance forecast a budget overspending at 5-5.1% of gross domestic product (GDP) this year, about 1.5-1.6 percentage points higher than the Government’s plan due to the impacts of the COVID-19 pandemic.

Ministry to support businesses to ensure budget revenue

Ministry to support businesses to ensure budget revenue

The Ministry of Finance will focus on improving the business climate and creating favourable conditions for businesses to accelerate growth, which is important to ensure State budget revenue amid the COVID-19 pandemic's impacts on socio-economic development.

HCM City sets development goals for 2020

HCM City sets development goals for 2020

This year, Ho Chi Minh City will continue to restructure the economy, improve competitiveness and labour productivity, and meet the city’s State budget target as set by the Government.

Customs contributes record to State budget

Customs contributes record to State budget

Vietnam's customs department contributed a record 348 trillion VND (15 billion USD) to the State budget from the collection of import and export taxes in 2019, according to the General Department of Customs.

HCM City targets 17.5 billion USD in budget collection

HCM City targets 17.5 billion USD in budget collection

Ho Chi Minh City was assigned to collect 405.83 trillion VND (17.5 billion USD) for the state budget in 2020, a rise of 1.68 percent compared to last year’s estimates, said Chairman of the municipal People’s Committee Nguyen Thanh Phong.