11-month public investment disbursement up nearly 20% Business

11-month public investment disbursement up nearly 20%

An estimated 445.9 trillion VND (over 18.18 billion USD) of investment capital sourced from the State budget was disbursed in the first 11 months of 2022, equivalent to 74.9% of this year’s target and rising19.9% year-on-year, according to the General Statistics Office (GSO).
Overall situation under good control: PM Politics

Overall situation under good control: PM

Despite many difficulties, Vietnam has managed to keep the overall situation under good control with stable macro-economy and ensured major balances, including a trade surplus of over 10 billion USD, stated Prime Minister Pham Minh Chinh while chairing a regular government meeting on December 1.
Legislators continue discussing socio-economic development situation Politics

Legislators continue discussing socio-economic development situation

Legislators are continuing with discussions on the performance of the 2022 socio-economic development plan, socio-economic development plan for 2023, 2022 State budget, and 2023 State budget estimate, public investment plan and State budget allocation plan on the eight working day of the 15th National Assembly’s fourth session on October 28.
Budget revenue from tax reaches nearly 94% of estimate Business

Budget revenue from tax reaches nearly 94% of estimate

The tax sector collected over 1.1 quadrillion VND (46.13 billion USD) for the State budget in the first nine months of this year, a year-on-year rise of 21.6%, and equivalent to 93.9% of the yearly estimate, according to the General Department of Taxation.
Malaysia’s 2023 budget focuses on economic recovery  ASEAN

Malaysia’s 2023 budget focuses on economic recovery

Malaysian Finance Minister Tengku Abdul Aziz on October 7 submitted the draft State budget 2023 to the legislature, which allocates 372.3 billion RM (81 billion USD) to the economy, up from 332 billion RM in 2022 and 322 billion RM in 2021.
HCM City’s nine-month budget revenue soars Business

HCM City’s nine-month budget revenue soars

Ho Chi Minh City has collected more than 349.9 trillion VND (14.64 billion USD) in State budget revenue in the first nine months of this year, up 27.7% year-on-year, on the back of soaring revenue from real estate and crude oil, according to data from the municipal statistics office.