Budget Collection from crude oil reached 8.06 trillion VND in the first two months. (Source: VNA) Collection from crude oil reached 8.06 trillion VND, or 28.6percent of the estimate, while the remainder came from domestic revenue, up 6.7 percent year-on-year.
The general department attributed the result to controlledepidemic situation across the country and recovering production and businessactivities. The Government's support policies have proved effective, with thenumber of businesses resuming operations in January this year increasing by195 percent annually.
During the period, a number of major contributors to the Statebudget recorded good annual growth, including processing and manufacturing (up2.8 percent); production of electrical equipment (11.5 percent); clothing production(11.4 percent); and metal ore mining (21.9 percent).
In addition, export turnover expanded by 1.6 percent, whileincreases were seen in the number of newly registered enterprises, investmentcapital from the State budget and foreign direct investment. Domestic consumption demandalso soared in the last months of 2021 and in January 2022./.
VNA
