NDO/VNA – The Finance Ministry’s General Department of Taxation should strive to surpass the State budget estimate of more than VND1 quadrillion (US$55.88 billion) by at least 3%, said Prime Minister Nguyen Xuan Phuc. He made the statement during a conference in Hanoi on January 31 for a review of the sector’s performance in 2017 and embark on the tasks for 2018. The leader requested that the rate of delayed tax payment should remain below 5% of the total State collection this year. The PM asked for continuation of the 50% reduction in procedures for specialised inspection and 50% of business requirements, ensuring that 26% of total State spending will be used for development investment and 64.1% for regular expenditure. PM Nguyen Xuan Phuc visits the Centre for monitoring the IT system of the General Department of Taxation. (Photo: VGP) To achieve the above targets, he stressed the need to streamline administrative reform by using technological advances in tax declaration, payment, and management, as part of efforts towards scaling down cash payments. General Director of the General Department of Taxation, Bui Van Nam, said the sector has asked agencies to work hard to achieve the set targets, closely monitor the progress of State budget collections, and step up inspection over tax declarations and payments. He said at least 18.5% of the total number of businesses will be under inspection this year to prevent a loss of revenue to the State budget. Last year, the sector collected a record VND1.019 quadrillion… [Read full story]
GOVERNMENT ________ No. 01/NQ-CP SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness Ha Noi, January 02, 2014 RESOLUTION On major tasks and solutions guiding and directing the realization of the Plan for socio-economic development and state budget estimate in 2014 GOVERNMENT Pursuant to the Law on Organization of the Government dated December 25, 2001; Pursuant to Resolution No. 53/2013/QH13 dated November 11, 2013 approved by the National Assembly on the socio-economic development plan in 2014; Pursuant to Resolution No. 57/2013/QH13 dated November 12, 2013 approved by the National Assembly on State budget estimate in 2014; Pursuant to Decree…... [read more]
GOVERNMENT _________ No: 01/NQ-CP SOCIALIST REPUBLIC OF VIỆT NAM Independence - Freedom - Happiness ___________________ Hà Nội, January 03, 2012 RESOLUTION Key solutions for directing the implementation of the social-economic development plan and State budget estimate in 2012 Despite many difficulties and challenges in 2011, the national economy has, as guided by the sound leadership of the Communist Party and drastic measures taken by the Government, as well as fuelled by efforts exerted by sectors and agencies of all levels, the business community and people, moved positively and obtained an array of significant achievements in curbing inflation, stabilizing the macro-economy,…... [read more]
GOVERNMENT _______ No: 02/NQ-CP SOCIALISTREPUBLICOF VIỆTNAM Independence- Freedom - Happiness _______________ Hà Nội, January 9, 2011 RESOLUTION Key solutions for directing and managing the implementation of socio-economic development plan and State budget estimate in 2011 In 2010, despite of various difficulties and challenges, Việt Nam gained significant achievements in economic growth, macro-economic stability, poverty reduction, while social welfare, environment protection, administrative reform, socio-political stability, national defense and security, diplomatic work and the country's international status were strengthening, thanks to the Party's cohesive leadership, the Government's decisive and effective management and direction, as well as the endless efforts and consensus of…... [read more]
GOVERNMENT ________ No. 01/NQ-CP SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness Ha Noi, January 07, 2013 RESOLUTION On major solutions guiding and directing the realization of the Plan for socio-economic development and state budget estimate in 2013 _____________ In 2012, the economy faced a number of difficulties and challenges during the period when the world economy experienced complicated and unpredictable changes. However, thanks to the leadership of the Party, the drastic direction of the Government, great efforts of sectors, business community and people at all echelons, our national economy continued to progress and gained significant results in…... [read more]
The Hanoitimes - Under the National Assembly’s newly-adopted resolution on State budget estimate, about 50 trillion VND (2.25 billion USD) worth of government bonds will be used for key works and projects in the medium-term public investment plan in 2017. The 14th National Assembly (NA) adopted a resolution on the State budget estimate for 2017 during the ongoing second session in Hanoi on November 11 with 79.31 percent of votes. According to the resolution, the total State budget collection is estimated at more than 1,200 trillion VND (54.5 billion USD) while the total spending will be over 1,390 trillion VND…... [read more]
