For the first time, foreign invested enterprises’ revenue and specific contributions to Vietnam’s state budget have been revealed, with the electronics and garment-textile industries being their biggest earners.
The south central province of Phu Yen has effectively carried out its housing assistance policy for those who rendered their services to the nation, thus supporting many families of policy beneficiaries.
Ho Chi Minh City collected VND130.55 trillion (US$5.62 billion) for the budget in the first half of 2018, up 11.37% from a year earlier, according to the municipal Department of Taxation.
The total state budget revenue reached VND651.7 trillion (US$28.7 billion) in the first half of this year, equivalent to 49.4% of the estimate and up 14.3% year-on-year, Deputy Minister of Finance Huynh Quang Hai reported at a meeting in Hanoi on July 18.
The Ministry of Finance (MoF) must apply measures to curb year-on-year inflation in 2018 at below 3.7%-3.9%, said Deputy Prime Minister Vuong Dinh Hue.
The Ministry of Industry and Trade (MoIT) has reported some positive signs in handling 12 major loss-making projects, as some of them have managed to resume operation in the context of no more rescue capital from the State budget.
As many as 294 out of the 386 communes in Hanoi, or 76.16%, have been recognised as new-style rural areas, said the municipal steering board of the programme on agriculture development and new-style rural area construction for 2016-2020.
Manufacturing and processing sector grew by 13.02% in the first half of 2018, the highest in seven years, contributing 2.63 percentage points to the country’s economic growth, said Director General of the General Statistics Office (GSO) Nguyen Bich Lam.
Experts at a conference in Hanoi on June 25 stressed the need for measures to increase the efficiency of technology transfer of FDI businesses in Vietnam.
The Government Inspectorate has revealed mining management violations in Lao Cai Province that have caused losses of VND95.20 billion (US$4.15 million) to the State budget.
Leaders of the Ministry of Information and Communications (MIC) and Vietnam Mobile Telecom Services One Member Limited Liability Company (MobiFone) seriously violated the law when MobiFone acquired AVG, confirmed the Central Inspection Commission of the Communist Party of Vietnam.
The National Oil and Gas Group (PetroVietnam) has contributed 40.8 trillion VND (1.79 billion USD) to the State budget in the first five months of 2018, exceeding the plan by 32 percent and representing 55 percent of the yearly target.
Chairwoman of the National Assembly Nguyen Thi Kim Ngan has asked the Transport Ministry to use investments sourced from the State budget and mid-term government bonds effectively and in line with law.
Lawmakers spent the entire May 25 and the morning of May 26 to scrutinise the Government’s reports on socio-economic and State budget performance in 2017 and the first months of 2018 during the on-going 5th session of the 14th National Assembly.
Lawmakers heard the Government’s reports on State budget balance and State budget balance audit in 2016 in the afternoon of May 21, the first day of the fifth session of the National Assembly (NA).
The fifth session of the National Assembly (14th tenure) opened in Hanoi at 9 am on May 21.
Prime Minister Nguyen Xuan Phuc has agreed to the provision of VND1.5 trillion (US$65.9 million) from the standby 2018 State budget for Mekong Delta localities to address urgent dyke erosion threatening life and property of local residents.
The Vietnamese Ministry of Agriculture and Rural Development (MARD) launched the One Commune, One Product (OCOP) programme worth nearly VND45 trillion (about US$2 billion) on May 17.
The Ministry of Finance has proposed a rise of environmental protection tax on petrol to the ceiling level of VND4,000 (17 US cent) per litre from the current VND3,000 (13 US cent) per litre.
Members of the 14th-tenure National Assembly (NA) Standing Committee commented on the final accounts of the State budget in 2016 on May 14 afternoon, part of the ongoing 24th session of the Standing Committee.