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Tag: state budget revenue
Vietnam’s public debt trends down to 56.1% of GDP in 2019
Total capital expenditure in the 2016 – 2020 period would exceed the target of VND2,000 trillion (US$86.45 billion), accounting for 27 – 28% of total spending.
Vietnam records fiscal surplus of US$2.04 billion in January
In January, tax revenue stood at VND166.7 trillion (US$7.17 billion), equivalent to 11% of the year's plan and up 4.8% year-on-year.
Hanoi may lose up to US$700 million in state budget revenue on Covid-19
To mitigate negative impacts from the epidemic, the local tax authority said it would continue to reform administrative procedures and adopt e-tax payment scheme.
Vietnam maintains fiscal surplus of US$2 billion in Q1 amid Covid-19
During the first quarter, budget revenue collection reached VND391 trillion (US$16.75 billion), equivalent to 25.9% of the year's plan and up 1.8% year-on-year.
Vietnam spends over US$2.2 billion in state budget for Covid-19 fight so far
The finance ministry is seeking preferential loans from international organizations to relieve pressure of growing borrowings from domestic sources.
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