Investment from the State budget in first four months of the year estimated at VND 131.2 trillion

VCN - Thanks to the implementation and creation of motivation for economic growth, the investment from the State budget is estimated at 19% of the plan, up 17.9% year-on-year.
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Investment from the State budget in first four months of the year estimated at VND 131.2 trillion
The total State revenue in April is estimated at VND 139.1 trillion. Photo: Internet

Specifically, investment from the State budget in April was estimated to increase by 16.4% year-on-year to VND 39.3 trillion, including the central investment of VND 7.5 trillion, up 23.1%; and local investment of VND31.8%, up 14.9%.

In the first four months of the year, the investment from the State budget rose by 17.9% compared with a year ago to VND 131.2 trillion, meeting 19% of the annual plan.

The central investment was estimated to increase by 30% compared with the previous year to VND24.6 trillion or 18.5% of the annual year. The local investment rose by 15.4% compared with a year ago to VND 106.6 trillion, meeting 19.1% of the annual plan.

The total State revenue in the month was estimated at VND 139.1 trillion. The total State revenue in the first four months of the year decreased by 5% year-on-year to VND 645.4 trillion, reaching 39.8% of the estimate.

The total State expenditure in April was estimated at VND135.3 trillion. In the first four months, the State expenditure went up 6.1% year-on-year to VND500.3 trillion, reaching 24.1% of the estimate.

Regarding Vietnam's investment abroad in the first four months of the year, 41 projects were granted investment certificates with a total capital of US$140 million, down 51% compared with the same period last year. 11 projects had capital revised up, worth US$ 13.5 million, down 67.8% compared with the previous year.

Vietnam's total investment abroad (including the newly registered capital and adjusted capital) declined by 53.2% year-on-year to US$153.5 million. In which, the investment in the information and communication sector, agriculture, forestry and fishery and processing and manufacturing industry reached US$105.9 million, US$13.2 million and US$10.7 million, accounting for 69%, 8.6% and 7%, respectively.

In the first four months of 2023, 20 countries and territories poured investment into Vietnam. Singapore is the leading country with US$103.3 million, accounting for 67.3% of total investment; Laos US$14.3 million, accounting for 9.3%; Australia US$10.2 million, accounting for 6.6%; Cuba US$9.3 million, accounting for 6.1%; and Israel US$ 6.1 million, accounting for 4%.

By Huong Diu/ Hoang Loan

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