Sub-project approved for upgrading Nha Trang – Sai Gon railway section Business

Sub-project approved for upgrading Nha Trang – Sai Gon railway section

The Ministry of Transport (MoT) has approved an investment worth nearly 1.1 trillion VND (over 47 million USD) for a sub-project to upgrade the Nha Trang – Sai Gon railway section, which is part of the project to renovate and upgrade the Hanoi-Ho Chi Minh City railway route in the 2021-2025 period.
Tax sector sees good results in State budget collection Business

Tax sector sees good results in State budget collection

The tax sector collected 911.02 trillion VND (38.9 billion USD) of State budget in the first seven months of this year, a year-on-year rise of 17.2%, and equivalent to 77.5% of its yearly estimate, according to the General Department of Taxation.
Disbursed public investment up 22.5% in July Business

Disbursed public investment up 22.5% in July

About 46.2 trillion VND (nearly 1.98 billion USD) of investment capital sourced from the state budget was disbursed in July, up 22.5% from a year earlier, according to the General Statistics Office (GSO).
Budget collection reaches 66.7% of yearly estimates Business

Budget collection reaches 66.7% of yearly estimates

Revenues of the State budget in the first six months of this year stood at about 941.3 trillion VND (40.3 billion USD), equivalent to 66.7% of the yearly estimates, it was reported at the Finance Ministry’s review conference on July 7.
Quang Ninh posts 10.66% economic growth for first half Business

Quang Ninh posts 10.66% economic growth for first half

The northern province of Quang Ninh posted an estimated growth rate of 10.66% in Gross Regional Domestic Product (GRDP) in the first six months of this year, which is 2.64 percentage points higher than the rate in the same period of 2021.
Solutions proposed to improve int’l railway transport service Business

Solutions proposed to improve int’l railway transport service

The Ministry of Transport has been tasked with coordinating with relevant ministries, sectors and localities in considering and handling recommendations of the Vietnam Railways Corporation (VNR) on how to better the capacity of international railway transport serving import and export activities.
Legislators debate socio-economic development, state budget Politics

Legislators debate socio-economic development, state budget

President Nguyen Xuan Phuc said at a group discussion on May 25 during the third session of the 15th National Assembly that the implementation of economic stimulus packages and public investment should be promoted to provide timely support for businesses and people.