Business

Budget revenue reaches 76 trillion VND in April

Government revenue hit 76 trillion VND (3.65 billion USD) in April, raising the total revenue in the first four months of this year to 244.1 trillion VND (11.71 billion USD), the Ministry of Finance said on its website.
Government revenue hit 76 trillion VND (3.65 billion USD) in April,raising the total revenue in the first four months of this year to 244.1trillion VND (11.71 billion USD), the Ministry of Finance said on itswebsite.

This figure was up 2 percent year on year and equivalent to 29.9 percent of the estimate for 2013.

In the January-April period, revenue from domestic economic activitieswas estimated at 164.29 trillion VND (7.89 billion USD), up 2.9 percentover the same period last year, while income from oil exports reached40.27 trillion VND (1.93 billion USD), up 4.6 percent.

Afterrefunding 18 trillion VND (864 million USD) in value-added tax, revenuefrom international trade was estimated at 38.29 trillion VND (1.84billion USD), down 4.3 percent year on year.

In the four monthsending in April, Government spending rose 12.3 percent over last year toreach 303.4 trillion VND (14.56 billion USD), resulting in a budgetdeficit at 59.3 trillion VND (2.85 billion USD).-VNA
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