State budget collection estimated at 134 trillion VND in January
State budget collection was estimated to top 134 trillion VND (nearly 5.83 billion USD) in January, equivalent to 81.2 percent of the figure in the same period last year, according to the General Department of Taxation.
State budget collection was estimated to top 134 trillion VND (nearly 5.83 billion USD) in January (Photo: VNA)
Hanoi (VNA) – State budget collection was estimated to top 134 trillion VND (nearly 5.83 billion USD) in January, equivalent to 81.2 percent of the figure in the same period last year, according to the General Department of Taxation.
Collection from crude oil reached 2.45 trillion VND, or 8.9 percent of the estimate, while the remainder came from domestic revenue, equivalent to 83.5 percent of the amount in the same period last year.
Collection from house and land rentals, charges and fees contributed 14.1 trillion VND, accounting for 10.2 percent in the domestic segment and equivalent to 95.4 percent of the number in January 2020.
Budget balance of the State Bank of Vietnam stood at 104.85 trillion VND in the month, hitting 11.9 percent of the estimate and 84.7 percent of the figure in the same period last year.
More than 1.48 quadrillion VND was collected for the State budget in 2020, equivalent to 98 percent of the target, according to the Ministry of Finance./.
A finance ministry official on December 24 asked the customs sector to exert every effort to surpass the target of 315 trillion VND (13.6 billion USD) in State budget collection in 2021.
Total tax collection in 2020 is estimated at over 1.26 quadrillion VND (54.37 billion USD), equivalent to 100.6 percent of the estimate, Deputy Director of the General Department of Taxation Dang Ngoc Minh said on December 31.
More than 1.48 quadrillion VND (64.2 billion USD) was collected for the State budget in 2020, equivalent to 98 percent of the target, according to the Ministry of Finance.
The financial sector expects to collect over 1.343 quadrillion VND (58.4 billion USD) for the State budget in 2021, equivalent to 15.5 percent of the country’s gross domestic product (GDP), said the Ministry of Finance.
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State budget collection was estimated to top 134 trillion VND (nearly 5.83 billion USD) in January (Photo: VNA) 
