HCM City hits 2018 revenue target Business

HCM City hits 2018 revenue target

HCM City’s revenues last year grew by 8.6 percent to 378.54 trillion VND (16.3 billion USD), according to the municipal Department of Finance.
Lao Cai’s 2018 budget collection hits over 8 trillion VND Business

Lao Cai’s 2018 budget collection hits over 8 trillion VND

Budget collection of the northern mountainous province of Lao Cai in 2018 is estimated at over 8 trillion VND (nearly 342.49 million USD), surpassing the assigned target by 41.7 percent and up 6.3 percent against the previous year, the provincial People’s Committee reported on December 11.
Efforts needed to improve FDI quality Business

Efforts needed to improve FDI quality

Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy still modest, necessitating a change in mindset to lure investment.
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,.
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.
State budget collection to reach 20 pct of GDP Business

State budget collection to reach 20 pct of GDP

State budget collection for the next five years is expected to make up 20-21 percent of the GDP, Deputy Minister of Finance Do Hoang Anh Tuan said at a meeting of the Ministry’s Party Committee on July 17.
Business

Q1 budget revenue: positive signs for rest of year

State budget collection in the first quarter of 2014 recorded a significant increase of nearly 16 percent over the same period last year, creating favourable conditions to implement budget spending, ensure a balanced budget and maintain macroeconomic stability.