A source from the Ministry of Finance on February 12th informed that domestic revenue was estimated at VND95.5 trillion, accounted for 8.7% of the year’s estimate, and 98.6% of the same period last year. In which, crude oil contributed around VND4.1 trillion, surged 48.6% year-on-year, and accounting for 11.4% of estimate. In the same period, State budget spending was estimated at VND 91.5 trillion, equal to 6% of estimate, mainly to ensure socio-economic development, national defense, public security, State management, social security (80%), and pay back debts (15%). Photo for illustration Notably, Government bonds worth more than VND16.555 trillion were issued in this month, ensuring money supply for spending and debt payment. The value of import-export activities was VND22.5 trillion, an increase of 9.6% year-on-year and equaling 8% of estimate. To meet increased demand from people as the traditional new year of the Dog is coming very soon, the Government issued Directive 48/CT-TTg dated December 27th, 2017 ordering relevant agencies to enhance management to stabilize the prices of essential goods and to ensure social security during Tet festival. The Finance Minister also released Directive 04/CT-BTC on December 22nd, 2017 to stabilize the prices of essential goods. Recently, the Ministry on January 15th set up three delegations for carrying out inspections in the Northern, Central and Southern regions, including the localities of Son La, Dien Bien, Lai Chau, Binh Dinh, Gia Lai, Kon Tum, Ho Chi Minh city, Hau Giang, Bac Lieu, and Soc Trang. It also joined inter-disciplinary delegations with the… [Read full story]
Nhan Dan Online/VNA – State budget revenue in January was estimated at VND71.7 trillion (US$3.36 million), according to the Ministry of Finance. The sum accounts for 9.2 percent of the estimate for the whole year. Of the amount, VND53.3 trillion came from domestic taxes, reported Ha Noi Moi newspaper, citing data from the ministry. High budget collection was seen in the State-owned economic sector with a 12.9 percent rise and the private industry and trade sector also lifted 9.3 percent. The increase was attributed to bustling production and trade in the last months of 2013 and the first month of…... [read more]
State budget revenue in January was estimated at 71.7 trillion VND (3.36 million USD), according to the Ministry of Finance. The sum accounts for 9.2 percent of the whole year's estimate. Of the amount, 53.3 trillion VND came from domestic taxes reported Ha Noi Moi newspaper, citing data from the ministry. High budget collection was seen in the State-owned economic sector with a 12.9 percent rise and the private industry and trade sector also lifting 9.3 percent. The increase was attributed to bustling activities in production and trade in the last months of 2013 and the first month of 2014.…... [read more]
The exceeding amount is mainly contributed by crude oil sector, fuelled by increasing price and improved collection management, it said. In 2006, state budget revenue collected by seven localities reportedly hit over VND3 trillion (US$187.5 million), 19 other localities ranged VND1-3 trillion, whilst 21 remaining others collected below VND500 billion. Tax and customs sectors closely cooperated with relevant sectors and localities to double check and classify outstanding debts, then publicize them. As of September 2006, the tax sector scrutinized over 63,000 units, uncovered and recollected VND2.9 trillion (US$181.25 million). The state budget expenditures were used for national defense, educational development…... [read more]
Vietnam's state budget revenues in the first eight months of 2006 are estimated to make up 64.7 per cent of the plan set for the whole year and post an increase of 15.6 per cent from a year earlier, reported the General Statistics Office (GSO). Revenues from domestic taxes reached 62.7 per cent of this year's estimation, while the finishing rates of earnings from crude oil and import-export taxes were 70.3 per cent and 61.8 per cent, respectively. Among domestic taxes, collections from the state-owned economic sector fulfilled 65.3 per cent of the annual plan, from the industrial, commercial and…... [read more]
HA NOI (VNS)— State budget revenue in January was estimated at VND71.7 trillion (US$3.4 billion), the Ministry of Finance said. The sum accounted for 9.2 per cent of the year's estimate. Of the amount, VND53.3 trillion ($2.5 billion) was from domestic tax collections, according to data from the ministry. The State-owned economic sector experienced high budget collections, with a 12.9 per cent rise, and the private industry and trade sectors' revenues rose 9.3 per cent. The increase was attributed to robust production and trade in the past year and the first month of this year. — VNS... [read more]
