State budget revenues rise compared to previous year

State budget revenues rise compared to previous year

Vietnam’s state budget landscape in 2024 witnessed a major surplus, fuelled by an increase in revenues from many sources.
Hanoi's state budget revenue surpasses projections

Hanoi's state budget revenue surpasses projections

Vice Chairman of Hanoi People's Committee Ha Minh Hai has revealed the Hanoi's estimated state budget revenue for 2024 has surpassed expectations.
Financial discipline boosted through state budget agenda

Financial discipline boosted through state budget agenda

With the state budget targets fixed for 2025, the government plans to tighten spending and boost revenue collection, supported by significant borrowing to meet its financial needs.
Public debt indicators remain in alignment with expectations

Public debt indicators remain in alignment with expectations

The country is projected to keep its public debt within safe levels this year, with a significant state budget surplus recorded in the first nine months of 2024, although a deficit is forecasted for the full year.
Key sectors contributing towards state budget surplus

Key sectors contributing towards state budget surplus

The state budget has experienced a surplus so far this year, driven by an increase in revenue from export and import activities, rather than crude oil.
State budget balance needed following VAT decision

State budget balance needed following VAT decision

Businesses in Vietnam will continue to enjoy an 8 per cent VAT rate until the year’s end following an extension to the rate cut, which will cause a decrease in state budget revenues.
Answers promised to increase revenues and cut costs

Answers promised to increase revenues and cut costs

Lingering difficulties are expected to continue affecting the state budget, with a dent in revenues and a need for more fiscal assistance for the public and businesses.
Balancing act underway with state budget revenues

Balancing act underway with state budget revenues

Despite a state coffer surplus for most of the year, Vietnam is expected to see a deficit in the budget for the whole of 2023, with some fiscal initiatives on assisting businesses applied.
State budget revenues under pressure amid tough economy

State budget revenues under pressure amid tough economy

The state budget has recorded a deficit for the first time so far this year, largely caused by a rise in public investment disbursement, with a lower-than-expected state budget revenue due to difficulties across the economy.
Revenue rises remain tough despite budget surplus

Revenue rises remain tough despite budget surplus

Despite a surplus in the state budget this year so far, both revenues and expenditures are contracting in many economic sectors, with the former outnumbering the latter due to a lower-than-expected pace of developmental investment.
Spending increases as Vietnam tackles external headwinds

Spending increases as Vietnam tackles external headwinds

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

Budget estimate shortcomings require modern fix

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

Measures to boost trade underpins cautious stance

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

Crude oil exports back up state budget

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

State budget pressures persist in spite of revenue momentum

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.
1 2 3