State budget collections were estimated at 286.7 trillion VND (12.4 billion USD) during January and February, or 21.3 percent of the annual estimate and up 0.6 percent year-on-year, the Ministry of Finance reported on March 8.
Hanoi (VNA) - State budget collections were estimated at 286.7trillion VND (12.4 billion USD) during January and February, or 21.3 percent ofthe annual estimate and up 0.6 percent year-on-year, the Ministry of Finance reportedon March 8.
ܫ Domestic revenue stoodat 246.65 trillion VND, equivalent to 21.8 percent of the estimate and markinga year-on-year rise of 2.8 percent.
After conducting 3,400inspections and checking 16,500 corporate tax filings, tax agencies proposed 3.4trillion VND in fines be imposed, including 780 billion VND for the Statebudget. Some 345 billion VND has been collected, together with 5.1 trillion VNDin tax debts.
State budget expenditure reached 207.3 trillion VND in the first two months, or12.3 percent of the estimate and down 6 percent year-on-year. Of this, 23.49trillion VND was for development, or 4.9 percent of the estimate and down 32.4percent.
🐓 According to theministry, debt interest payments fell 14.3 percent to 21.88 trillion VND whileregular expenditure was up 1.2 percent year-on-year to 161.8 trillion VND.
Some 12,760 tonnes ofrice from the national reserve were provided for residents in disaster-hitareas. Up to 27 trillion VND worth of Government bonds were issued.
ꦇ In the remaining months of this year, the ministry will continue using thenational reserve, as requested by the Prime Minister, and implement bids to buy ricefor the reserve./.
State budget collections in Ho Chi Minh City in January were estimated at 42.47 trillion VND (1.84 billion USD), 11.6 percent of the estimate and up 2.9 percent year-on-year, according to the municipal Statistics Office.
The Ministry of Finance has submitted a proposal to the Government seeking approval to create a decree expanding the timeframe for tax and land lease payments.
State budget collection was estimated at 220.5 trillion VND (nearly 9.57 billion USD) in the first two months, equivalent to 16.4 percent of the year’s estimate, according to the General Statistics Office.
Nearly 246.449 trillion VND (over 10.7 billion USD) in taxes was collected for the State budget in the first two months of 2021, equivalent to 22.1 percent of the estimate, according to the General Department of Taxation.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Illustrative image (Photo: VNA) 
