Volunteers join a campaign against the use of tobacco in central Da Nang city (Photo: VNA) Hanoi (VNS/VNA) - The new cigarette tax rate of 5,000 VND (0.2 USD) per pack will help reduce the rate of tobacco consumption and increase the State budget, health experts have said. Speaking at the conference on tax incentives to prevent tobacco harm on September 25 morning, health experts said the application of the special consumption tax rate will reduce the tobacco use rate among men from 45.3 percent to 39 percent by 2020. Currently, Vietnam has the world’s ninth-highest number of smokers. On average, one in every two male adults is smoker. The prevalence of smoking among adolescents is 24.3 percent. The country has been suffering the burden of disease and financial loss caused by tobacco use. In 2015, Vietnamese people spent up to 31 trillion VND (1.3 billion USD) on cigarettes and more 24 trillion VND (1.03 billion USD) on treatment of tobacco-related diseases such as … [Read more...] about Increase on special consumption tax vital to reduce smoking
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Việt Nam cruise into SEA Games men’s football final
Việt Nam won in the match with Cambodia, booking itself a spot in Tuesday's final against Indonesia.—VNA/VNS Photo HÀ NỘI — Việt Nam's U22s cruised into the final of the men's football at the Southeast Asian Games on Saturday after crushing Cambodia 4-0 at Rizal Memorial Stadium in Manila, the Philippines. The comfortable win booked Việt Nam's spot in Tuesday's final against Indonesia, who earlier in the day defeated Myanmar 4-2 after extra time. Coach Park Hang-seo made two changes from the team that started the 2-2 group stage draw with Thailand on Thursday, with Hà Đức Chinh Chinh and Nguyễn Đức Chiến coming into the team. Việt Nam took some time to settle into the game against their underdog opponents, but managed to open the scoring 19 minutes in. After a good run from Chinh down the right, he crossed and Linh rose to head home powerfully. Six minutes … [Read more...] about Việt Nam cruise into SEA Games men’s football final
State budget surplus recorded in Q1: Finance Ministry
At a press conference on April 5, the MoF reported that total state budget revenue reached VND 381 trillion (over USD 16.4 billion) during the last three months, equivalent to 27 percent of the targeted figure for this year – higher than the 23 percent of annual targeted revenue achieved during the same period last year. That sum included VND 315.4 trillion gained from domestic sources, up 13.8 percent year-on-year, the ministry said, adding that 49 of the 63 provinces and centrally-run cities had revenues from domestic sources equivalent to over 24 percent of their estimates for this year. Fifty-four localities reported year-on-year increases in their Q1 revenues. Photo: baohoabinh.com.vn. Meanwhile, the state budget spending during the period surpassed VND 315 trillion, equivalent to 19.3 percent of this year’s spending estimate. The MoF said spending tasks have been performed in line with the set plans, ensuring social security. As the spending demand … [Read more...] about State budget surplus recorded in Q1: Finance Ministry