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Saturday, April 27, 2024

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State budget

Q1 tax revenue grows 11% y-o-y

HCMC - Vietnam's tax revenue for the first quarter of this year picked up by almost 11% compared to the same period last year,...

Additional funding allocated for land compensation in Long Thanh airport

HCMC - The Government has decided to allocate an additional VND966 billion for land clearance, compensation, and resettlement for the Long Thanh International Airport...

State budget collection exceeds target by 4.5%

HCMC – State budget revenue this year had reached VND1.7 quadrillion as of December 25, beating the initial estimate by 4.5%. The central State budget...

Personal income tax and economic growth

Rising living costs and high personal income tax rates have forced many households and individuals to tighten their spending as their disposable income has...

Full-year tax revenue target seen unattainable

HCMC – State budget revenue has reached 87.5% of the 2023 target but the tax collection goal for the entire year is hard to obtain,...

Gov’t proposes VND2.5 trillion more for 2023 regular spending

HCMC - The Government has proposed allocating an additional VND2.5 trillion in the 2023 state budget for regular spending. The Standing Committee of the National...

G-bonds vs access to capital

Apart from the lower capital efficiency due to the amount raised from G-bond issues outpacing the disbursement of public investment capital, which has resulted...

Full-year budget revenue 24% higher than targeted

HCMC – Budget revenue is estimated to exceed the full-year target by 24.3%, topping VND1,460 trillion, the General Department of Taxation reported during an...

Business tax debts up 3% in Jan-Nov

HCMC – Total tax debt owed by businesses had amounted to an estimated VND126.64 trillion in the year to November 30, up 3% year-on-year,...

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