state budget

Latest News about state budget

Pandemic will continue to hit State budget revenue in the coming monthsicon
BUSINESS8 hours ago0

Pandemic will continue to hit State budget revenue in the coming months

The Ministry of Finance (MoF) is concerned the COVID-19 pandemic would continue to affect State budget revenue in the coming months.

 
State revenue from registration fees increasesicon

State revenue from registration fees increases

FEATURE
24/08/2021

The registration fees collected for the state budget increased from VND11,816 billion in 2012 to VND40,194 billion in 2019, up by 240% or VND28,378 billion.

PM earmarks nearly $67.5 million for COVID-19 fighticon

PM earmarks nearly $67.5 million for COVID-19 fight

SOCIETY
26/07/2021

The Prime Minister has decided to allocate over 1.55 trillion VND (nearly 67.5 million USD) from the State budget this year to the Ministry of National Defence to combat COVID-19.

Huge public investment in industries and regionsicon

Huge public investment in industries and regions

FEATURE
26/07/2021

According to the public investment plan in the period 2021-2025, the total state budget capital allocated for this period is VND2.87 quadrillion, not VND2,750 trillion as being reported to the 10th session of the 14th National Assembly.

Vietnam posts State budget surplus in Jan-Jun amid Covid-19icon

Vietnam posts State budget surplus in Jan-Jun amid Covid-19

BUSINESS
04/07/2021

Vietnam posted a State budget surplus in the first half of 2021 as revenue outpaced spending despite Covid-19 raging in many parts of the nation, according to the Ministry of Finance.

Government plans to borrow $73.2 billion in 2021-2023icon

Government plans to borrow $73.2 billion in 2021-2023

POLITICS
09/06/2021

The Government plans to borrow over VND1.7 quadrillion ($73.2 billion) in 2021-2023 to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved last week.

VN Electricity Group, Hanoi spend the least from state budget in 2020icon

VN Electricity Group, Hanoi spend the least from state budget in 2020

POLITICS
30/05/2021

As many as 117 State agencies, including 34 ministries, 63 provinces and cities, and 20 state-owned corporations saved more than VND84,635 billion, including VND50,628 billion for the state budget last year.

When the state budget once walked a 'tightrope'icon

When the state budget once walked a 'tightrope'

FEATURE
16/02/2021

Vietnam has been making efforts in recent years to consolidate its fiscal situation to help create a wealthy financial system and a healthy macro economy.

Macrostability helps cultivate market confidenceicon

Macrostability helps cultivate market confidence

FEATURE
14/02/2021

Macroeconomic stability and low inflation are the results of persistent management efforts in recent years that aim to make people and businesses feel secure when making investments.

Evaluating and estimating state budget to reduce deficit and increase efficiencyicon

Evaluating and estimating state budget to reduce deficit and increase efficiency

BUSINESS
05/01/2021

According to Minister of Finance Dinh Tien Dung’s latest report delivered recently at the National Assembly (NA), Vietnam achieved most of its financial goals in the last four years, including for 2020.

State budget revenue hits 98 per cent of annual targeticon

State budget revenue hits 98 per cent of annual target

BUSINESS
02/01/2021

More than VND1.48 quadrillion (US$64.2 billion) was collected for the State budget in 2020, equivalent to 98 per cent of the target, according to the Ministry of Finance.

State budget revenue totals nearly $60 billionicon

State budget revenue totals nearly $60 billion

BUSINESS
24/12/2020

State budget revenue has reached over VND1.3 quadrillion ($59.5 billion) so far this year, representing 91.14 percent of the annual estimate, according to the Deputy General Director of the State Treasury, Nguyen Quang Vinh.

Fiscal deficit to stay at 4 pct. of GDP next year: Finance Ministryicon

Fiscal deficit to stay at 4 pct. of GDP next year: Finance Ministry

BUSINESS
15/12/2020

The Ministry of Finance has announced the State budget estimates for 2021, which target over VND1.34 quadrillion ($58.2 billion) in State budget revenue.

Budget rise to cushion country’s growth hopesicon

Budget rise to cushion country’s growth hopes

BUSINESS
27/11/2020

With an expected economic growth rate of 2-3 per cent this year, the National Assembly has decided on a rise in budget deficit in order to ensure state budget spending, amid enterprise revenues being hit by the health crisis.

Pressure on the Finance Ministericon

Pressure on the Finance Minister

FEATURE
13/11/2020

As the holder of the keys of the national treasury, Finance Minister Dinh Tien Dung is facing great pressure.

Eight border economic zones prioritized to receive investmentsicon

Eight border economic zones prioritized to receive investments

BUSINESS
11/11/2020

The Ministry of Planning and Investment (MPI) is planning to name a list of eight border economic zones on priority for investment in 2021-2025, or one zone lower than the 2016-2020 period.

Pandemic weighs on budgeticon

Pandemic weighs on budget

BUSINESS
08/11/2020

The COVID-19 pandemic will continue to weigh on socio-economic development and State budget in 2021 and the years that follow, Minister of Finance Dinh Tien Dung said.

Public debt: one fourth of state budget collections used to pay debticon

Public debt: one fourth of state budget collections used to pay debt

FEATURE
03/11/2020

The public debt to GDP ratio has been controlled well and has decreased in recent years. But the public debt repayment to budget revenue ratio has steadily increased because of many due debts.