State budget revenue up 1.3% in Q1

State budget revenue reached an estimated 491.5 trillion VND (over 20.9 billion USD) in the first quarter of 2023, equivalent to 30.3% of the estimate, and up 1.3% from the same period last year, the Ministry of Finance reported on March 30.
aa
State budget revenue up 1.3% in Q1
At a press conference on March 30 to report the collection of State budget in the first quarter of 2023 (Photo: VNA)

Twenty-eight of the 63 provinces and centrally-run cities nationwide recorded state budget revenue hitting 28% of their yearly estimates.

Twenty-three provinces and centrally-run cities saw the higher revenues than in the same period of 2022, while 40 others reported lower revenues.

Meanwhile, the accumulated expenditure in the first quarter was equivalent to 17.5% of the yearly estimate.

The Ministry of Finance said expenditures in the last three months were carried out as planned, meeting requirements for socio-economic development, defence, security safeguarding, state management, debt repayment, and implementation of social security tasks.

The ministry said it has directed tax and customs offices to implement tax laws and state budget collection tasks in 2023; fully perform solutions and policies on state budget collection to support businesses and people.

Apart from accelerating administrative reform and digitalisation, and taking drastic measures to help businesses promote production and business activities, tax and customs offices have actively performed inspections to prevent revenue losses.

They have also focused on collecting tax from e-commerce services, and from overseas suppliers without permanent establishments in Vietnam./.

en.vietnamplus.vn

Đọc thêm

Giang Dien Industrial Park offers prime land near Long Thanh Airport

Giang Dien Industrial Park offers prime land near Long Thanh Airport

Clean land funds in prime southern industrial locations are becoming increasingly scarce as competition intensifies, with sites near Long Thanh International Airport drawing strong investor interest.
Viconship acquires real estate company

Viconship acquires real estate company

Vietnam Container Shipping, a leading logistics provider, announced the acquisition of a 65 per cent equity interest in Harbour City Co. Ltd on March 16, to implement a real estate project in Haiphong city.
Hanoi plans financial centres in Hoan Kiem and Nhat Tan

Hanoi plans financial centres in Hoan Kiem and Nhat Tan

Hanoi is planning to develop financial centres in Hoan Kiem and the Nhat Tan as part of its long-term urban development strategy.
Sun Group takes controlling stake in Vietnam Digital Asset JSC

Sun Group takes controlling stake in Vietnam Digital Asset JSC

Sun Group has become the controlling shareholder in newly established Vietnam Digital Asset JSC, committing 64 per cent of its initial $40 million charter capital.
Hateco-APM consortium wins $1.76bn Lien Chieu port development in Danang

Hateco-APM consortium wins $1.76bn Lien Chieu port development in Danang

A consortium between Hateco and the Netherlands' APM Terminals will develop the Lien Chieu container port in Danang with an investment of $1.76 billion.
US investment firm PGP seeks deeper ties with Vietnam

US investment firm PGP seeks deeper ties with Vietnam

A delegation from US investment firm Pacific Gateway Partners has met with Vietnamese finance officials to discuss deepening bilateral cooperation.
Dien May Xanh plans IPO in 2026

Dien May Xanh plans IPO in 2026

Electronics retail chain Dien May Xanh, under Mobile World Investment Corp, plans an initial public offering by selling 180 million shares, or a 16 per cent stake.
Foxconn's Vietnam unit raises registered capital

Foxconn's Vietnam unit raises registered capital

A Foxconn subsidiary in Vietnam has increased its charter capital by nearly $40 million across two separate adjustments in early 2026.
Xem thêm