(VEN) – As for State budget revenues over the 2013 and 2014 remaining profits, after raising funds according to regulations of groups and corporations which hold 100 percent of charter capital, including the one-member liability limited companies that are parent companies of economic groups, state corporations and in the parent – subsidiary companies model.
The remaining profits which are paid to the 2013, 2014 state budget are the profit after deducting losses in previous years and raising funds in accordance with the Resolution 71/2013/ND-CP and other particular funds of the government.
SCIC is responsible for handing into the state budget the remaining profits of state-owned independent one-member liability limited companies of different ministries, sectors and localities./.
Hanoi Times - The total state budget revenue in the first six months of 2008 reached an estimated 56.6 percent of the yearly target, an increase of 10.5 percent year on year, according to the Ministry of Planning and Investment (MPI). Of this, domestic revenue managed by the tax sector accounted for 52.9 percent. Figures released by the MPI showed that the total state budget revenue in the first 15 days of June 2008 reached an estimated 17 trillion VND. The total from the beginning of the year to first half of June reached 182.7 trillion VND, 56.6 percent of…... [read more]
Of this figure, local revenue posted VND53.3 trillion, 9.9 percent of the year's estimates, higher then the average requested progress in accordance with the estimates. Some revenue items saw impressive growth over the same month last year, such as revenue from state enterprises (12.9 percent), revenue from non-state trade and industry (9.3 percent), taxes and fees (26.7 percent) and land use revenue (7.8 percent). This growth came from positive changes in production and business activities in the remaining months of the year and the first month of this year, creating more revenue for state budget revenue. In addition, changes in…... [read more]
State budget revenue of Vietnam last year reached VND261.1 trillion (US$16.3 billion), up VND23.2 trillion compared to the estimated figures, an article on Hanoinet reported on February 26. The exceeding amount is mainly contributed by crude oil sector, fuelled by increasing price and improved collection management, it said. In 2006, state budget revenue collected by seven localities reportedly hit over VND3 trillion (US$187.5 million), 19 other localities ranged VND1-3 trillion, whilst 21 remaining others collected below VND500 billion. Tax and customs sectors closely cooperated with relevant sectors and localities to double check and classify outstanding debts, then publicize them. As…... [read more]
Vietnam targets to collect total state budget revenue of around VND1,600 trillion (US$100 billion) in the 2006-2010 period, double the amount in comparison with the last five years, according to the plan launched by the Ministry of Finance (MoF) last week. The ministry estimates that the state budget revenue will mainly come from crude oil exports, import-export duty, and contributions from foreign investments and domestic enterprises. Although the estimate is twice the amount recorded in the 2001-2005 period, the scale of the economy still remains too small in comparison with other economies in the world, said Finance Minister Nguyen Sinh…... [read more]
Vinh Phuc: State Budget Revenue Rises 251 Times in 20 Years From a central budget-dependent province, Vinh Phuc has emerged to as of the biggest budget collectors in the country. The State budget revenue rose from VND114 billion in 1997 to over VND1 trillion in 2002 and reached the point of spending and collection balance from 2004. The value was estimated at VND28.5 trillion in 2016 (nearly 251 times more than that in 1997). These achievements came from the insight of the provincial government right after the province was re-established. The province has attached much importance to attracting investors and…... [read more]
Viet Nam News HÀ NỘI - State budget revenue in January was estimated at VNĐ97.4 trillion (US$4.3 billion), the Ministry of Finance said. The amount accounted for 8 per cent of the year's estimates. Of the amount, VNĐ87.9 trillion came from domestic tax collections, up 4 per cent year-on-year and representing 8.7 per cent of yearly plan, according to data from the ministry. However, the ministry said budget revenue from crude oil fell by 25 per cent year-on-year to reach VNĐ2.3 trillion in January. Budget revenue from import and export activities reached VNĐ19.2 trillion, equivalent to 6.7 per cent of…... [read more]
Second day of the 12th meeting session of the 7th Provincial People's Council: results of state budget revenues and expenditures discussed.
On December 5th, the session of the 7th Provincial People's Council continued to discuss the results of state budget revenues and expenditures in 2007; estimates of state budget revenues and expenditures in the province and localities; allocations of provincial-level budget expenditure and of additional budget below provincial level for in 2008; settlement of state budget in 2006; results of investment capital and basic construction projects in 2007, and duties of 2008. Secretary of Provincial Party Committee, Chairperson of Provincial People's Council discussed problems relating to budget revenues and expenditures. State budget revenues in 2007 are estimated at VND9,917,555 billion, accounting…... [read more]
About 14.7 percent of the State budget revenue, or 150 trillion VND (6.7 billion USD), will be spent on paying debt in 2016, the Ministry of Finance (MoF) revealed on March 22. The MoF reported that about 45 billion USD in official development assistance (ODA) and concessional loans was promised from 2005 to 2015. One-third of that sum was channeled into the State budget which in turn was allocated for certain programmes and projects. Another one-third was earmarked for local programmes and projects, while the remaining served as loans for the State’s key projects. Foreign ODA and preferential loans for…... [read more]
Vietnam Ministry of Finance has promulgated dispatch 10343/BTC-TCT guiding the people's committees of central provinces and cities on strengthening State budget collection for 2013. For the first seven months of 2013, Vietnam economy has been developed positively in the right direction, however it still faces difficulties in some sectors and localities; some economic indicators have been improved, but still fail to reach the targets. According to Deputy Finance Minister Nguyen Thi Minh, total State budget revenues in July expectedly reached VND73 trillion, 41.9 percent higher (about VND21,550 billion) than that in June; accumulative revenues in the seven months were estimated…... [read more]
A sharp fall in the import value and number of cars sold caused a drop in the State budget revenue in first months of the year, the Ministry of Finance said. Motorbike, car imports decrease in April The State budget was hit by falling imports of products with high import revenue and tax, including petroleum, cars and motorbikes. Customs statistics showed the value of imported cars in the first quarter tumbled by 51 percent, causing a loss of VND4.36 trillion (US$207.6 million) to the State budget revenue. The decline in the import value surged to 57.6 percent by the end…... [read more]