Wednesday, June 26, 2019 - 2:33:44

state budget collection

State budget collection up 14 percent in five months

Business

State budget collection up 14 percent in five months

Total State budget collection in the first five months of this year was estimated at 508.6 trillion VND (21.86 billion VND), fulfilling 43.5 percent of the estimate and up 14.1 percent year-on-year, the General Department of Taxation (GDT) reported.

Van Don Economic Zone needs 358.2 million USD for infrastructure

Business

Van Don Economic Zone needs 358.2 million USD for infrastructure

The People’s Committee of northeastern Quang Ninh Province has released a plan to implement Prime Minister Nguyen Xuan Phuc’s conclusion on the development of Van Don Economic Zone (EZ) that would require more than 8.35 trillion VND (358.2 million USD) to expand its infrastructure by 2030.

Public debt poses big risk to Vietnam

Business

Public debt poses big risk to Vietnam

The state budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vietnam, making it more difficult for the government to help the economy head towards growth, said Professor Tran Tho Dat, Principal of the National Economics University (NEU).