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Budget collection of the northern province of Ninh Binh in the first five months of this year was estimated at 9,01 trillion VND (USD), equivalent to 48.4% of the whole year's estimate, reported the provincial Department of Finance.
The disbursement of State budget capital reached an estimated 91.1 percent of the plan set for the year and rose 34.5 percent year-on-year, the highest rate in the 2011-2020.
The northern province of Bac Ninh collected more than VND18.62 trillion to the state budget in the Jan-Aug period of 2020, fulfilling 64% of the estimate or equivalent to 93% of the same period last year, according to a report of the provincial Department of Finance.
PM Nguyen Xuan Phuc has recently issued Directive 31/CT-TTg on building socio-economic development norms and state budget estimates for 2021.
Lawmakers continued voicing their opinions on issues related to socio-economic development and State budget on June 15 at the 14th National Assembly's on-going ninth session.
Tax collection in the State budget was VND499.83 trillion (US$21.5 billion) in the first five months of this year, equivalent to 39.8% of the yearly estimate and 97.6% of the figure for the same period in 2019, according to the General Department of Taxation.
The National Assembly Standing Committee resumed its 45th session on June 1, and adopted a resolution stipulating principles, criteria and quota for the allocation of public investment using State budget in the 2021-2025 period.
Legislators will vote on a resolution on State budget allocation in 2020 on November 14 morning as part of the eighth session of the 14th National Assembly.
The National Assembly discussed the Government's supplementary report on socio-economic and State budget performance in 2018 and first months of 2019, and the balance of the State budget in 2017 on May 30-31.
As of mid November, total amount of State collection was estimated at VND1.16 quadrillion (US$ 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.
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.
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.
The 14th National Assembly adopted a resolution on the State budget estimate for 2017 during the ongoing second session in Hanoi on November 11 with 79.31% of votes.
The Prime Minister has decided to allocate VND130 billion (US$5.72 million) sourced from the 2015 State budget to help ten provinces affected by storms and floods repair their damaged essential infrastructure.
The Prime Minister has decided to spend an additional VND321.6 billion (US$15.1 million) from the State budget on rice field development and protection.
The State budget revenue in the January-October period has recorded over VND719.4 trillion (US$33.8 billion), equivalent to 91.9% of the 2014 target and up 15.2% over the same period in 2013, the Ministry of Finance has reported.
State budget collection in the first seven months of this year was estimated at VND497.36 trillion (about US$23.4 billion), an increase of 14.4% over the same period last year.
Prime Minister Nguyen Tan Dung signed a directive on June 14 requiring ministries, industries, localities, economic agencies and State-owned corporations to develop socio-economic development and State budget plans for 2015.
The National Assembly on June 2 discussed a supplementary report on the implementation of socio-economic development programmes and the State budget plan in 2013 and early 2014.
