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Tuesday, July 23, 2024

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State budget

Jan-May tax collections reach 51.6% of full-year target

HCMC – The budget revenue collected by tax offices nationwide in the first five months of this year totaled more than VND767.4 trillion, reaching...

State budget revenue up 15% in Jan-May

HCMC – State budget revenue in the first five months of this year totaled over VND898.4 trillion, rising by 14.8% against the year-ago period...

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...

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