2020 tax revenue surpasses annual target Business

2020 tax revenue surpasses annual target

Nearly 1.279 quadrillion VND (55.3 billion USD) in taxes was collected for the State budget in 2020, almost 24.35 trillion VND, or 1.9 percent, higher than the annual target and 175.85 trillion VND more than the estimate reported to the National Assembly (NA).
Tax revenue tops 54.37 billion USD in 2020 Business

Tax revenue tops 54.37 billion USD in 2020

Total tax collection in 2020 is estimated at over 1.26 quadrillion VND (54.37 billion USD), equivalent to 100.6 percent of the estimate, Deputy Director of the General Department of Taxation Dang Ngoc Minh said on December 31.
Indonesia’s budget deficit rises to 20.1 billion USD World

Indonesia’s budget deficit rises to 20.1 billion USD

Indonesia’s Finance Ministry has announced that the country’s state budget deficit increased to 281.9 trillion Rp (20.1 billion USD) or 1.8 percent of the gross domestic product (GDP) in October 2019, higher than the same period year earlier of 229.7 trillion Rp or 1.56 percent of GDP.
HCM City smashes tax targets Business

HCM City smashes tax targets

HCM City has asked the Government for a bonus of 10 trillion VND (450 million USD) for exceeding its tax revenue target last year.
HCM City customs reaches targets Business

HCM City customs reaches targets

The HCM City Customs Department collected taxes worth nearly 94 trillion VND (4.25 billion USD) last year, a 5 percent year-on-year increase.