State budget collection up 13 percent Business

State budget collection up 13 percent

Total State budget collection in the first eight months of this year was estimated at 762.8 trillion VND (33.4 billion USD), an increase of 12.8 percent over the same period last year.
Budget revenues up 15 percent in Q1 Business

Budget revenues up 15 percent in Q1

Budget revenues were estimated at 280.9 trillion VND (12.4 billion USD) in Q1, up 15.2 percent compared to the same period in 2016 and meeting 23.2 percent of the annual estimate,.
Oil output seen rising 4.6 percent Business

Oil output seen rising 4.6 percent

The country's crude oil exploitation output this year is estimated to reach 17.58 million tonnes, up 4.6 percent against the government's annual target.
Budget to meet 2015 estimates Business

Budget to meet 2015 estimates

A continuous improvement in domestic revenue collection (excluding collection from crude oil) in the last months of the year will help the country meet the State budget estimates for 2015.
Business

HCM City exports to top 30 billion USD

Total export turnover for Ho Chi Minh City in 2012 is estimated at 30.25 billion USD, a year-on-year increase of 7.36 percent, according the Municipal Department of Industry and Trade.
Business

Exports to Japan, China soar

Vietnam 's export turnover to major markets of Japan and China sharply surged in the first five months of this year, thanks to the price hike of many products and higher demands in these markets, according to the Ministry of Industry and Trade.
Business

World Bank predicts 6.1 percent growth

The World Bank has predicted that Vietnam's gross domestic product will increase 6.1 percent next year in its East Asia and Pacific Economic Update released on Nov. 22.

It said the real GDP growth rate in the first half of 2011 was 5.6 percent, and is expected to be around 5.8 percent for the whole year.
Business

Trade deficit of 6.6 bln USD forecast for first half

Vietnam's export value in June is estimated to hit 7.8 billion USD, lifting the total export value in the first half of this year to more than 42.33 billion USD, a rise of 30.3 percent over the same period a year earlier, according to the General Statistics Office (GSO).

The import value in June is forecast to reach 8.2 billion USD, bringing the total value for the first six months to almost 49 billion USD, a year-on-year increase of 25.8 percent.
PetroVietnam earns 9.27 billion USD this year Business

PetroVietnam earns 9.27 billion USD this year

Vietnam’s National Oil and Gas Group (PetroVietnam) brought in a total revenue of 175.8 trillion VND (9.27 billion USD) during the first five months of this year, an increase of 84 percent year-on-year.