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The National Assembly discussed the Government's supplementary report on socio-economic and State budget performance in 2018 and first months of 2019, and the balance of the State budget in 2017 on May 30-31.
Budget collection of the northern province of Ninh Binh in 2018 is estimated at over 12.7 trillion VND (547 million USD), marking the highest level recorded after the province re-established and a new record high in the 3rd consecutive year.
As of mid November, total amount of State collection was estimated at VND1.16 quadrillion (US$ 49.88 billion), equivalent to 87.9% of the year's estimate.
State budget revenues reached over VND1.12 quadrillion (US$48.16 billion) in the first ten months of 2018, equivalent to 84.9% of the year's estimate and up 15.1% against the same period last year, announced the Ministry of Finance on November 12.
Legislators will look into State budget and the mid-term public investment plan on October 29, during the sixth session of the 14th National Assembly.
Politburo member and Head of the Communist Party of Vietnam Central Committee's Organisation Commission Pham Minh Chinh received a delegation of Japanese parliamentarians headed by Kawamura Takeo, Chairperson of the House of Representatives' Committee on Budget, in Hanoi on August 21.
A budget of VND15 trillion (about USD643.2 million) will be spent on 14 urgent transport projects during the 2016-2020 period under the Standing Committee of 14th National Assembly's Resolution No.566/NQ-UBTVQH14.
The National Assembly passed a resolution approving the State budget balance in 2016 and another on the NA's supervision programme for 2019 during its sitting in the morning of June 12.
The foreign direct investment (FDI) sector contribute a modest amount to the State budget although they enjoy many incentives and get high profits.
The Government opened a teleconference on December 28th, the biggest annual meeting with provinces and cities, to discuss measures to implement the Party and National Assembly's socio-economic resolutions and State budget estimates for 2018.
Members of the 12th Party Central Committee discussed the socio-economic situation, State budget of 2017 and tasks for 2018 during the second working day of their 6th meeting on October 5.
From 2007 to 2016, the central budget allocated VND113.306 trillion as assistance for revolutionary contributors. In addition, local budgets earmarked some VND2 trillion each year to support revolutionary contributors, the Ministry of Labour, War-Invalids and Social Affairs (MOLISA) has reported.
The northern province of Ninh Binh collected VND2.2 trillion (USD317 million) for the State budget in the first five months of2017, reported the provincial Department of Finance.
The northern province of Ninh Binh collected VND 7.2 trillion(317 million USD) for the State budget in 2016, reported the provincial Department of Finance.
