Spending increases as Vietnam tackles external headwinds
June 07, 2023 | 11:00
Despite a state budget surplus in the first five months, economic headwinds have put a dent in revenues across all economic sectors, with government coffers being hit.
Budget estimate shortcomings require modern fix
May 31, 2023 | 13:00
The low-quality formulation of state budget revenue estimates needs to be improved, as it will continue having unwanted direct impacts on the country’s financial landscape.
Measures to boost trade underpins cautious stance
February 27, 2023 | 13:00
Despite a positive budget landscape last year, the government has mapped out a cautious projection for 2023 with a large deficit due to massive difficulties expected ahead.
Crude oil exports back up state budget
October 28, 2022 | 08:00
Despite a likely deficit this year, the state budget picture is expected to enjoy wider-than-expected takings this year thanks to increases in revenue of almost all sectors in the economy.
State budget pressures persist in spite of revenue momentum
October 13, 2022 | 09:00
The first nine months of the year have seen a gigantic surplus in state coffers, showing a gradual recovery of domestic production and business activities, but a budget deficit is still expected for the whole year due to expenditures outnumbering revenues.
Rising state budget revenues point to business confidence
August 27, 2022 | 08:00
Amid a state budget surplus, a positive trade landscape, and a climb in disbursement and addition of foreign direct investment so far this year, the Vietnamese economy is expected to record a current account surplus for 2022.
VAT reduction: impacts and problems in implementation
February 28, 2022 | 10:54
Vietnam’s Government slashed the value-added tax (VAT) rate from 10 to 8 percent earlier this month – a move that cost the State budget 49.4 trillion VND (2.2 billion USD) but, along with other support, is expected to help boost the pandemic-hit economy.
Gov’t identifies focuses to obtain this year’s targets
January 10, 2022 | 10:18
The Government has issued Resolution No. 01/NQ-CP on the main tasks and solutions for implementing the socio-economic development and State budget plans for 2022.
Production shoring up state coffers
June 24, 2021 | 08:00
Although the state budget revenue was dented in May due to the resurgence of COVID-19 affecting businesses’ performances, the first five months of the year have seen a big surplus in the state coffers, showing a gradual recovery of domestic production and business activities.
Key maritime projects stuck in the mud without public funds
May 22, 2021 | 16:26
Urgent maritime projects might need to wait for other sources of funding to get off the drawing board after public funding was diverted to the state coffers.
Stable structure for state budget
January 22, 2021 | 09:00
Despite numerous difficulties caused by the global health crisis, the state budget has seen impressive results, with national financial security ensured.
Socio-economic, State budget issues under focus at NA on June 15
June 15, 2020 | 09:41
Lawmakers continued voicing their opinions on issues related to socio-economic development and State budget on June 15 at the 14th National Assembly’s on-going ninth session.
NA deputies agree with solutions for socio-economic recovery
June 14, 2020 | 09:07
The 14th National Assembly (NA) continued its ninth session on June 13 with the discussion on the supplementary assessment of the implementation of the NA resolution on the socio-economic development plan and State budget in 2019 and early 2020.
NA Standing Committee adopts resolution on public investment in 2021-2025
June 01, 2020 | 16:54
The National Assembly Standing Committee resumed its 45th session on June 1, and adopted a resolution stipulating principles, criteria and quota for the allocation of public investment using State budget in the 2021-2025 period.
Nosediving oil price deals a blow to state budget
March 28, 2020 | 17:28
Though the steep dive in global crude oil price will benefit domestic logistics and production, it will not be good for local petrol firms and the state budget.
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