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state budget

Sugary drink tax adds to burden on struggling businesses, industry insiders say

Sugary drink tax adds to burden on struggling businesses, industry insiders say

Many companies in the sector have reduced production by 20-30 per cent, leading to workforce cuts and lower incomes. Some businesses, despite having annual budgets in the billions of đồng, have been forced to close their doors.
PM gives directions on key measures to boost economic growth this year

PM gives directions on key measures to boost economic growth this year

To meet this year''s ambitious goals, the PM stressed boosting growth, stabilising the economy, controlling inflation and ensuring key economic balances.
State budget revenue up nearly 26 per cent in first two months

State budget revenue up nearly 26 per cent in first two months

The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.
Tax revenue surpasses VNĐ1.7 quadrillion

Tax revenue surpasses VNĐ1.7 quadrillion

Việt Nam’s tax sector has collected a record-high revenue of VNĐ1.7 quadrillion (US$66.7 billion) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.
State budget revenue increases by 16 per cent in 11 months

State budget revenue increases by 16 per cent in 11 months

Government spending in the last 11 months also increased, by 4.7 per cent, compared to the same period last year.
Retailers contribute over 450 million to state budget in 2023

Retailers contribute over $450 million to state budget in 2023

Notable among this group were several of Việt Nam''s prominent retailers, including Masan Group, DOJI, Phú Nhuận Jewelry (PNJ) and Mobile World Investment Corporation.
Seventh-month state budget revenue nears 70 per cent of yearly projection

Seventh-month state budget revenue nears 70 per cent of yearly projection

State budget revenue was estimated at VNĐ1.18 quadrillion (US$46.7 billion) in seven months, or 68.9 per cent of the annual target, up 14.6 per year-on-year.
Ten private lenders contribute over VNĐ36.8 trillion to State budget

Ten private lenders contribute over VNĐ36.8 trillion to State budget

These banks injected more than VNĐ1 trillion each to the state budget last year.
H1 State budget revenue increases over 17%: MoF

H1 State budget revenue increases over 17%: MoF

More than VNĐ1 quadrillion (US$40.9 billion) was collected for the State budget in the first half of 2024, equivalent to 61 per cent of this year’s target and up 17.7 per cent from a year earlier, reported the Ministry of Finance (MoF).
State budget revenues from import-export grow 7.4% in five months

State budget revenues from import-export grow 7.4% in five months

Total state budget revenue from import-export activities reached almost VNĐ165.7 trillion (nearly US$6.63 billion) in the first five months of 2024, equivalent to 44.2 per cent of the assigned estimate and marking 7.4 per cent growth compared to the same...
Việt Nams State budget collection up nearly 15 per cent in five months

Việt Nam's State budget collection up nearly 15 per cent in five months

The total state budget collection in the first five months of this year was estimated to reach VNĐ898.4 trillion (US$35.2 billion).
Tax sector sees 10.7% rise in State budget revenue in four months

Tax sector sees 10.7% rise in State budget revenue in four months

Total State budget collection in the first four months of this year was estimated at VNĐ640.29 trillion (US$25.20 billion), equivalent to 43 per cent of the yearly projection, representing a year-on-year rise of 10.7 per cent, according to the General...
State budget revenue from exports, imports down 4.2% in Q1

State budget revenue from exports, imports down 4.2% in Q1

State budget revenue from exports and imports in the first quarter of this year reached VNĐ88.35 trillion (US$3.53 billion), equivalent to 26.3% of the estimate, and down 4.2% year-on-year, the General Department of Vietnam Customs reported on April 3.
State budget revenue from exports-imports down 2.4% in two months

State budget revenue from exports-imports down 2.4% in two months

The State budget revenue from export-import activities in the first two months of this year reached VNĐ56.42 trillion  (US$2.35 billion), or 15% of the estimate, down 2.4% year on year, reported the General Department of Customs.
State budget collection reaches 24.3% of 2024 projection in two months

State budget collection reaches 24.3% of 2024 projection in two months

53 out of the country''s 63 provinces and centrally-run cities have seen an increase in budget revenue compared to the January – February period in 2023.