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In the first six months of 2024, state budget collection in Ninh Binh province saw positive signs with 12 out of 15 receipts and taxes achieving high growth compared to the same period of the previous year.
Continuing its 7th meeting, the 15th National Assembly (NA) discussed the approval of the State budget settlement for 2022 on June 7 in a televised plenary session.
The disbursement of public investment from the State budget in the first five months of this year was estimated to reach 190.6 trillion VND (7.44 billion USD), equal to 26.6% of the yearly target and 5% higher than the same period last year, according to the General Statistics Office (GSO).
The National Assembly (NA) on November 10 adopted a resolution on the state budget estimates for 2024, which targets next year's state budget collection at over 1.7 quadrillion VND (nearly 69.8 billion USD).
The General Department of Customs on October 4 reported that its state budget collection stood at 268.69 trillion VND (10.99 billion USD) between January and September, decreasing by 18.6% compared to the same period last year.
State budget collection in the first seven months of this year stood at 211.23 trillion VND (8.89 billon USD), equivalent to 49.7% of the estimate, down 19.6% year-on-year, the General Department of Vietnam Customs reported on August 3.
The northern province of Ninh Binh has allocated over 1.11 trillion VND from the state budget for building new-style rural areas in the period of 2021-2025. Of the total, 711 billion VND of development capital has been allocated to the districts of Nho Quan and Kim Son.
The National Assembly (NA) will spend the whole day of May 31 - the ninth working day of its fifth session - looking into supplementary assessments of the implementation of the socio-economic development plan and State budget in 2022 and the first months of 2023.
National Assembly (NA) deputies will, on May 25 morning, discuss in group a report on supplementary assessments on outcomes of the socio-economic development and State budget plans in 2022 and the implementation of such plans for the first months of this year, during its ongoing fifth plenary session.
Full-time lawmakers offered their opinions on the Government's report and the NA's Economic and Financial-Budget Committees' reports on examining the implementation results of socio-economic development and state budget plans for 2022 and the first months of 2023.
State budget revenue reached over 1.69 quadrillion VND (71.4 billion USD) as of December 15, exceeding the estimate by 19.8%, the Ministry of Finance announced at a conference in Hanoi on December 19.
The 2022 socio-economic performance, the socio-economic development plan for 2023, the 2022 State budget, the 2023 State budget estimate, public investment plan and allocation of State budget will be the focus of the seventh working day of the 15th National Assembly's fourth session on October 27.
The global political and economic uncertainties and the prolonged negative impacts of the COVID-19 pandemic have caused strong effects on the national economy in general and Ninh Binh's economy in particular. Furthermore, the implementation of policies on tax reduction and tax payment extension have resulted in a decline in state budget collection in the first six months of 2022. However, Ninh Binh has continued its measures to revive the economy, create sustainable incomes and strive to fulfill the task of budget collection in 2022.
State budget revenues in January-June period was estimated at VND941.3 trillion (US$40.3 billion), equivalent to 66.7 percent of this year's target, the Ministry of Finance reported Thursday.
The National Assembly (NA) voted on a resolution approving the 2020 state budget final accounts, with 90.96 percent of deputies saying "yes," during its third sitting in Hanoi on June 15.
The National Assembly (NA) spent the 9th day of its third session in the 15th tenure on discussing socio-economic issues, the 2020 State budget balance, and wastefulness prevention in 2021.
Ensuring flexibility in curbing rising petrol prices and settling bad debts of credit institutions were scrutinised by National Assembly deputies on June 1 at a debate on the implementation of socio-economic development plans and the state budget in 2021 and in the first months of 2022 during the legislature's ongoing third session.
In April 2022, the total state budget collection is estimated at 160.2 trillion VND, an increase of 3.2 trilion VND from the previous month, reported the Ministry of Finance.
The National Assembly (NA) Standing Committee considered the supplementation of the State budget estimate of foreign non-refundable aid (under the task of recurrent expenditure) in 2020 as well as that in 2021 during its ongoing ninth session on March 15 morning.
Since Ninh Binh has well controlled the COVID-19 pandemic, enabling the growth of production and trade activities and contributing positively to the province's state budget collection and spending in 2021.
An additional 301 billion VND (13.17 million USD) from the 2021 State budget for sport and training has been approved for regular expenditure tasks needed for the preparation for the 31st Southeast Asian Games (SEA Games).
The Ministry of Transport has submitted a pre-feasibility report on the construction of the Eastern North-South Expressway in the 2021-2025 period.
In 2021, Vietnam's economy has met with difficulties while investment capital from the state budget has limited, Ninh Binh province has rolled out numerous measures to call for investment capital from economic sectors in a bid to boost socio-economic development.
The Ministry of Planning and Investment estimates the total State budget to reach 516.7 trillion VND (22.6 billion USD) in 2022, up 8.3 percent against 2021's plan.
Vietnam currently has 16 million workers in industrial and export processing zones (IZs and EPZs), directly producing 60% of the total domestic product annually and contributing 70% of the state budget.
