Struggling to balance State budget
The State budget collection this year is projected not to reach the estimate amid rising expenditure and declining fees and charges.
16:31, 2020/11/13Growing FDI commitments reinforce Vietnam investment competitiveness: WB
Close attention should be on the capacity of the Vietnamese economy to firm up its recovery from the coronavirus crisis, noted the World Bank.
13:22, 2020/11/12Vietnam finance ministry strive to improve budget transparency
This is the seventh consecutive year that the finance ministry publishes the report on state budget estimates, which the ministry considers an important practice to promote transparency and publicity of Vietnam’s state budget.
14:36, 2020/11/02Highlights from the year-end meeting of the National Assembly
The government is taking a cautious view in setting its development goals for 2021, which is understandable due to lingering risks from the Covid-19 pandemic.
14:40, 2020/10/15Vietnam spends over US$752 million on Covid-19 fight
The government has set aside VND12.57 trillion (US$542.2 million) to support 12.65 million people directly hit by the Covid-19 pandemic.
11:02, 2020/09/30Hanoi economy grows 3.27% in first 3 quarters
Hanoi targets an economic growth rate of at least 5% in the fourth quarter to ensure the goal of having GRDP growth 1.3 times as high as the national average.
11:26, 2020/08/27Vietnam open budget portal to ensure efficient allocation of public resources
The portal would put more pressure on government agencies in ensuring efficiency of public services, said a senior World Bank official.
12:02, 2020/07/30Vietnam fiscal deficit widens to US$4.3 billion in 7 months on Covid-19
As of July 15, budget revenue collection reached VND697.5 trillion (US$30.17 billion), equivalent to 46.1% of the year's estimate.
19:40, 2020/07/01Vietnam moves for greater budget transparency
There is a long road to go for government agencies to fully comply with transparency requirement in the Law on State Budget, said an expert.
15:33, 2020/06/30Vietnam’s consumer prices up 4.19% in Jan-Jun, highest in 5 years
Core inflation in the first six months of 2020 rose by 2.81% year-on-year.