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 / Economy / Banking & Finance
Vietnam's state budget revenue up 3.9 pct in January
Chi Le 11:55, 2017/02/08
Vietnam`s state budget revenue hit 97.4 trillion Vietnamese dong (4.37 billion U.S. dollars) in January 2017, up 3.9 percent year-on-year, according to Vietnam`s Ministry of Finance on Wednesday.
The domestic revenues were estimated at 87.9 trillion Vietnamese dong (3.94 billion U.S. dollars), accounting for 8.9 percent of the yearly estimate, increasing 4 percent compared to January last year.
Meanwhile, the revenues from crude oil reached 2.3 trillion Vietnamese dong (103.14 million U.S. dollars), making up 6 percent of the yearly estimate, down by 25 percent year-on-year while that from import and export activities hit 7.2 trillion Vietnamese dong (322.87 million U.S. dollars), accounting for 4 percent of the whole year's estimate, up 15.8 percent year-on-year.
Total expenditures of state budget in January reached 87.250 trillion Vietnamese dong (3.91 billion U.S. dollars), making up 6.3 percent of the whole year's estimate.
As a result, Vietnam enjoyed a state budget surplus of 10.15 trillion Vietnamese dong (455.16 million U.S. dollars) in the first month this year, said the ministry.
State budget revenues surpassed the yearly target to hit VND1.1 quadrillion (US$48.4 billion) in 2016, up 7.8 % or VND79.6 trillion higher than the target.
Other news
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.
16:49, 2025/01/06
Vietnam GDP expands by 7.09% in 2024
The 2024 growth rate is considered positive amidst global uncertainties and domestic challenges such as natural disasters.
14:39, 2025/01/04
Vietnam stock market set to accelerate in 2025: Experts
Stable macroeconomic fundamentals, ongoing institutional reforms, and favorable monetary policies will be positive for corporate earnings.
16:31, 2025/01/02
Vietnam stock market aims for emerging status by 2025: Finance minister
By the end of 2024, the benchmark VN-Index reached 1,266.78 points, up 12.11% from 2023.
15:33, 2025/01/02
Vietnam set to extend VAT cut for six months
This measure is expected to accelerate the recovery of production and business activities, which will ultimately benefit the state budget and the economy as a whole.
21:29, 2024/12/31
Vietnam’s credit growth projected to expand by 16% in 2025
Growth must put operational safety first, and channel credit to productive business sectors, priority areas, and growth-driving industries.