Seventh-month state budget revenue nears 70% of yearly projection

09:05 | 02/08/2024 Finance-Banking Follow Ven.vn on

The state budget revenue in the first seven months of this year was estimated at 1.18 quadrillion VND (46.69 billion USD), equivalent to 68.9% of the yearly projection and up 14.6% year-on-year.

In July alone, the value stood at 150 trillion VND, the General Statistics Office said on July 29.

Seventh-month state budget revenue nears 70% of yearly projection

Tax payers at a tax collection point in Vietcombank - photo: VNA

Meanwhile, the state budget spending was 152.6 trillion VND in the month, and 948.3 trillion VND in the January-July period, equivalent to 44.7% of the yearly projection, and a year-on-year rise of 0.6%.

Hanoi’s seven-month state budget revenue reached 337.2 trillion VND, up 24.7% from the corresponding period last year, with state-owned enterprises contributing 54.2 trillion VND, and non-state firms, 70.2 trillion VND.

Source: VNA

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Market expected to pass psychological 1,300 mark

15:10 | 26/08/2024 Stock Market

The VN-Index surged towards its previous peak with gains in four out of five sessions. Various sectors took turns rallying in the first three sessions of the week, pushing the index beyond the 1,280-point level. In fact, the movements of Việt Nam's stock market mirrored those of global markets.

Tax authorities to put retailers selling through livestreaming under scrutiny

19:26 | 24/08/2024 Finance-Banking

The General Department of Taxation has asked local tax authorities to review and make lists of retailers selling through livestreaming on platforms such as YouTube, Facebook and Tiktok to carry out risk-based inspections.

SBV sticks to 0% rate to fight off dollarisation

17:10 | 21/08/2024 Finance-Banking

Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the zero per cent interest rate for deposits made in US dollar, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists and exchange market experts.

High interest rates make bank bonds attractive to investors

11:05 | 20/08/2024 Finance-Banking

(VEN) - Corporate bonds remain one of the key capital-raising channels that banks focus on and investors trust.

Market soars above 1,260 points

10:43 | 20/08/2024 Stock Market

HÀ NỘI — Following the strong momentum from last week's final session, the market opened the new week on a positive note, although liquidity decreased significantly.

Stock market expected to continue recovery in the remainder of the year

17:56 | 18/08/2024 Stock Market

Following the previous recovery momentum, the stock market witnessed a week filled with various emotions.

HCM City banks lend $12.2B through bank-businesses connection programme

09:52 | 16/08/2024 Finance-Banking

Seventeen banks in HCM City disbursed VNĐ306.4 trillion (US$12.2 billion) to 97,318 customers in the first seven months of this year through the city’s bank - business connection programme, the State Bank of Vietnam has said.

Taxpayers in HCM City face delays in personal income tax refunds

09:27 | 14/08/2024 Finance-Banking

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Companies urged to apply IFRS to take opportunity for international expansion

16:24 | 12/08/2024 Finance-Banking

Companies should apply international financial reporting standards (IFRS) to improve transparency and increase the chances to expand globally, experts have said.

Surge in new individual securities accounts in July

08:21 | 10/08/2024 Stock Market

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Typhoon Yagi devastates Hà Nội

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22:12 | 07/09/2024 News and Events

The top Vietnamese legislator's visit will further enhance comprehensive cooperation between the two countries in all fields, including politics, trade, and people-to-people exchange.

Vietnamese teams become SCG's ESG Ambassadors

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The SCG Sharing the Dream 2023 scholarship program has announced groundbreaking results from its ESG Ambassador 2024 initiative. For the first time in the program's history, two Vietnamese teams have won the competition.

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Typhoon Yagi wreaks havoc across northern Việt Nam, killing four, injuring several others

20:55 | 07/09/2024 Society

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The 9th international power generation, transmission, distribution & renewable energy exhibition (Electric & Power Vietnam 2024) and the 16th international trade exhibition on HVAC, refrigeration and smart building technologies (HVACR Vietnam 2024) have opened in Ho Chi Minh City (HCMC).

Việt Nam expands int’l cooperation to address new challenges in education

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Discussing the 21st century’s challenges to traditional education systems in Asia-Pacific Economic Cooperation (APEC) economies, the session on traditional education in APEC economies drew the participation of representatives from leading universities in Russia, China, Japan and Việt Nam.

Illuminated calligraphy artworks exhibited at the Temple of Literature

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Nearly 800 works of calligraphy, integrated with light technology, are on display at the special national relic the Temple of Literature in Hà Nội.

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11:05 | 07/09/2024 Culture

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Deaf café goes with the flow

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Four airports in Vietnam to suspend operations as super typhoon approaches

18:14 | 06/09/2024 Society

Considering the storm's intensity and high level of disaster risk, after discussions and reports from various units, Director of the Civil Aviation Authority of Vietnam Dinh Viet Thang has ordered a temporary suspension of aircraft operations at four airports in Vietnam (three in the north, and one in the central region).

Ha Giang honored as Asia’s leading cultural destination 2024

11:06 | 06/09/2024 Tourism

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14:37 | 05/09/2024 Tourism

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17:23 | 07/09/2024 Policy

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ADB again recognises HDBank as leading partner bank in Việt Nam, expands trade finance tie-up

17:43 | 07/09/2024 Finance-Banking

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Assistant Director-General of UNESCO for Natural Sciences Lidia Arthur Brito has praised Vietnam for its remarkable contributions to UNESCO's natural science initiatives during a meeting in Paris with Ambassador Nguyen Thi Van Anh, Permanent Representative of Vietnam to UNESCO.

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Typhoon Yagi devastates Hà Nội

22:27 | 07/09/2024 Society

The heavy rains are likely to cause flooding on many inner city streets with a common depth of 20-40cm.

Typhoon Yagi wreaks havoc across northern Việt Nam, killing four, injuring several others

20:55 | 07/09/2024 Society

Yagi claimed four lives in its path on Saturday, with three dead in Quảng Ninh, and one victim in Hải Dương.

Deputy PM urges communication measures as Typhoon Yagi intensifies

17:32 | 07/09/2024 Society

Deputy Prime Minister Trần Hồng Hà has urged immediate dike reinforcement and communication measures amid Typhoon Yagi, in a meeting with local authorities in Hải Phòng.

Heavy rain and strong winds uproot trees, damage houses across northern provinces

16:02 | 07/09/2024 Society

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Vietnamese Brands

Trade promotion conference of Mekong Delta region looking at existing and potential products

10:51 | 07/09/2024 Vietnamese Brands

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Vietnam Fruit Festival to be held in China

10:41 | 06/09/2024 Vietnamese Brands

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Vietnamese vegetables, fruits promoted at Asia Fruit Logistica

14:47 | 05/09/2024 Vietnamese Brands

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09:43 | 05/09/2024 Vietnamese Brands

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11:05 | 07/09/2024 Culture

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Four Vietnamese dishes named among 69 best rated dishes with peanuts

10:30 | 05/09/2024 Culture

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Impressive cultural event at Moc Chau Island

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Seventh-month state budget revenue nears 70% of yearly projection

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