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HCM City’s capital mobilisation sees 13.8% growth

HCM City’s capital mobilisation sees 13.8% growth

Capital mobilisation by banks in Ho Chi Minh City exceeded VND2.135 quadrillion (about US$92 billion) as of early July, up 1.69% from the previous month and 13.83% year-on-year, said the municipal Department of Statistics.

FIEs contribute billions of dollars to State budget

FIEs contribute billions of dollars to State budget

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.

HCM City: Six-month budget revenue up 11.4%

HCM City: Six-month budget revenue up 11.4%

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.

State budget collection up 14.3% in H1

State budget collection up 14.3% in H1

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.

Over 76% of Hanoi communes recognised as new-style rural areas

Over 76% of Hanoi communes recognised as new-style rural areas

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 sees impressive growth in H1

Manufacturing and processing sector sees impressive growth in H1

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.

Major mining violations found in Lao Cai

Major mining violations found in Lao Cai

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.

Serious violations during MobiFone-AVG acquisition to draw penalties

Serious violations during MobiFone-AVG acquisition to draw penalties

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.

NA scrutinise reports on socio-economic performance

NA scrutinise reports on socio-economic performance

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.

Legislators mull over State budget balance in 2016

Legislators mull over State budget balance in 2016

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).

More capital to be poured into Mekong Delta to address erosions

More capital to be poured into Mekong Delta to address erosions

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.