The state budget revenue topped 1.8 quadrillion VND (71 billion USD) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period in 2023, the Ministry of Finance reported on December 4.
The Ministry of Planning and Investment estimates the total State budget to reach 516.7 trillion VND (22.6 billion USD) in 2022, up 8.3 percent against 2021’s plan.
State budget collection was estimated to reach 98.6 trillion VND in May, pushing total revenue in the first five months of 2021 to 667.9 trillion VND (nearly 29 billion USD), equivalent to 49.7 percent of the yearly estimate, up 15.2 percent year on year, the Ministry of Finance has reported.
The southern province of Tay Ninh will splash out more than 440 billion VND (18.9 million USD) to restore local relic sites from 2019-2020 with a vision to 2025.
The policy of concentrating trusted capital from the local budget to support the poor to the Vietnam Bank for Social Policies (VBSP) has generated a motivation boosting the country’s economic development.
The Mekong Delta province of Tra Vinh will allocate over 23 billion VND (1 million USD) from the local budget to provide land for nearly 700 poor families to build houses.
Prime Minister Nguyen Xuan Phuc laid stress on the significance of tourism for socio-economic development in the central province of Quang Binh during a meeting with the locality on August 26.
The Mekong Delta province of Tra Vinh aims to have 4,000 enterprises by 2020, with more than 30 percent and 15 percent of them owned by woman and ethnic minority people, respectively, heard a conference in the locality on May 23.
The Prime Minister has agreed to add 2,275 disadvantaged villages in 48 provinces and cities nationwide to the investment list for Programme 135 in the 2016-2020 period.
Ho Chi Minh City collected nearly 280 trillion VND (12.6 billion USD) to the local budget in 2015, surpassing the yearly estimate by 5.04 percent and posting an annual increase of 10.7 percent.
