WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
State budget revenue for 2017 estimated at nearly 730 trillion VND
Thu Minh 12:34, 2016/11/15
According to the resolution on State budget allocation for 2017, adopted by deputies during the ongoing second session of the 14th National Assembly on November 14, the total State budget revenue is estimated at 729.73 trillion VND (33.1 billion USD).
At the ongoing second session of the 14th National Assembly (NA) in Hanoi on November 14, deputies adopted a resolution on State budget allocation for 2017 with 82.15 percent of approval votes. Under the resolution, the total State budget revenue is estimated at 729.73 trillion VND (33.1 billion USD) while the spending is 902.03 trillion VND (41 billion USD), more than 254.63 trillion VND (11.57 billion USD) of which is for local budgets. 
NA deputies adopted a resolution on State budget allocation for 2017 with 82.15 percent of approval votes.
NA deputies adopted a resolution on State budget allocation for 2017 with 82.15 percent of approval votes.
The government required the ministries, agencies and local authorities to report the outcomes of budget allocation in line with the Law on State budget and requested prioritising capital into projects of national significance, urgent projects being invested, housing for ex-revolutionaries, public-private partnership projects, and corresponding capital for those using official development assistance. 
The NA Standing Committee, the NA’s Finance-Budget Committee, Ethnic Council and other committees, and lawmakers are responsible for monitoring the effort. 
In the morning, the deputies deliberated the draft law on irrigation, focusing on the development of irrigation systems and services.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong accounted for some issues in the field.
Discussing the draft Law on irrigation, a majority of deputies underscored the need to issue the law, saying that it should reflect the Party and State’s stance on irrigation activities and orientations to the development of irrigation infrastructure until 2020. 
Several opinions called for switching mechanisms on irrigation fees to irrigational service prices to ensure the effective use of irrigational works and save water. 
Lawmakers also gave their feedback on the safety of irrigational works, irrigation strategy and planning, among others.
In the afternoon, the deputies discussed about the draft resolution on stopping the implementation of a nuclear power plant in the central province of Ninh Thuan.
Deputy Prime Minister and Foreign Minister Pham Binh Minh delivered a report on the situation in the East Sea.
On November 15, legislators will hear a report on the monitoring of handling petitions that voters sent to the 11th session of the 13th legislature.
The NA will begin hearings the same day, which will be broadcast live on national television and radio.
Other news
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.