Saving expenditures to reserve investment for projects is vital: Deputy PM

Deputy Prime Minister Ho Duc Phoc spoke to the Vietnam News Agency (VNA) about the outstanding results in implementing financial and budgetary tasks in 2024 as well as solutions for 2025. The following is the full text of the interview:

11-month state budget revenue up 16.1%, exceeds target

The state budget revenue topped 1.8 quadrillion VND (71 billion USD) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period in 2023, the Ministry of Finance reported on December 4.

Hanoi aims to exceed 2024 state budget revenue target by over 10%

Hanoi aims to exceed its 2024 state budget revenue target by over 10%, according to a directive signed by Chairman of the Hanoi People’s Committee, Tran Sy Thanh.

State budget revenue reaches 77.52% of year's estimate in eight months

The total state budget revenue in the first eight months of this year reached more than 1,146 trillion VND, equivalent to 77.2% of the estimate for the whole of this year and 117.9% compared to the figure for the same period last year, according to the General Department of Taxation.

State budget revenues from import-export grow 7.4% in five months

Total state budget revenue from import-export activities reached almost 165.7 trillion VND (nearly 6.63 billion USD) in the first five months of 2024, equivalent to 44.2% of the assigned estimate and marking 7.4% growth compared to the same period last year.

State budget collection reaches 24.3% of 2024 projection in two months

The total State budget revenue in the first two months of 2024 reached over 361.67 trillion VND (nearly 14.67 billion USD), equivalent to 24.3% of the projection for the whole year, and 112.9% compared to the figure recorded in the same period last year, the General Department of Taxation reported on March 1.

Ministry proposes continued tax and fee cuts to promote economic growth

The Ministry of Finance (MoF) has continued to submit to competent authorities and promulgate according to its authority policies on exemption, reduction and extension of taxes, fees and charges in the spirit of accompanying businesses and people to overcome difficulties to recover and develop the economy.

State budget revenue tops 70% of year's estimate in eight months

The total State budget revenue in the first eight months of this year topped 962 trillion VND (nearly 40 billion USD), equivalent to 70.1% of the estimate for the whole of this year and 93.9% compared to the figure in the same period last year, the General Department of Taxation reported on September 11.

Taxation sector’s budget revenue reaches 36.6 billion USD in 7 months

The taxation sector’s total state budget revenue in the first seven months of 2023 was estimated at 868.6 trillion VND (36.6 billion USD), equal to 63.3% of the estimate, and 94.5% compared with that of the same period last year, the General Department of Taxation released on August 4.

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.
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