The General Department of Customs proactively implemented many budget collection solutions right from the beginning of the year

The General Department of Customs proactively implemented many budget collection solutions right from the beginning of the year

VCN - The world and domestic economies are forecasted to still have many unpredictable factors, which will impact the operations of the Customs sector in 2024. Facing many difficulties, the General Department of Customs has proposed many specific measures
2023 revenue exceeds 8.1% of estimate

2023 revenue exceeds 8.1% of estimate

VCN - The Ministry of Finance reported that State budget revenue by the end of December 31, 2023 is estimated at VND1,752.5 trillion, exceeding 8.1% (or VND131.75 trillion) of the estimate.
What makes difficulties for Customs sector in budget collection?

What makes difficulties for Customs sector in budget collection?

VCN - Although the Customs sector has offered comprehensive solutions, the revenue collection results for 11 months of 2023 still only reach VND335,116 billion, equal to 78.9% of the estimate, down 16.8% year-on-year. According to the General Department o
Drastically implementing solutions for budget collection

Drastically implementing solutions for budget collection

VCN – Facing with the decline in budget revenue through import and export goods, the Customs sector has implemented many solutions to both support and facilitate businesses and ensure State budget revenue.
HCMC Customs sees a decrease of VND12,000 billion in revenue

HCMC Customs sees a decrease of VND12,000 billion in revenue

VCN - Imports and exports through seaports in Ho Chi Minh City (HCMC) in the first nine months saw a decrease of more than US$17.5 billion, dropping State revenue of HCMC customs from import and export activities by nearly VND12,000 billion year-on-year.
Finance sector proactive and pioneering in fiscal policies management for economic growth

Finance sector proactive and pioneering in fiscal policies management for economic growth

VCN - In the first half of 2023, the Finance sector has strived to make an important contribution to socio-economic development. The ministry's proactive, flexible, timely promulgation and implementation of fiscal policies have supported the economy, rem
The State Treasury expands budget collection coordination, creating the most favorable conditions for businesses and people

The State Treasury expands budget collection coordination, creating the most favorable conditions for businesses and people

VCN - According to the State Treasury, in the first 6 months of the year, the State Treasury opened 187 more specialized collection accounts, expanding the coordination of state budget collection with 16 commercial banks.
Difficulties in the economy have a substantial impact on budget collection

Difficulties in the economy have a substantial impact on budget collection

VCN - In the first 5 months of 2023, the tax sector collected the budget, but the results have decreased compared with the same period last year. To ensure the completion of the revenue collection task in 2023, in the coming time, the tax sector actively
Striving to fulfil 2022 budget collection task

Striving to fulfil 2022 budget collection task

VCN - By the end of October 2022, the state budget revenue has completed the tasks for 2022. However, the collection situation in recent months has decreased compared to the year's first half. Meanwhile, it is forecasted that in 2023, the state budget rev
Budget revenue in the first nine months of 2022 reaches 94% of the estimate

Budget revenue in the first nine months of 2022 reaches 94% of the estimate

VCN - On the afternoon of September 29, the Ministry of Finance held a regular press conference on the performance of the Ministry of Finance in September and the third quarter of 2022. Deputy Minister of Finance Nguyen Duc Chi chaired the conference.
Domestic tax collection achieves impressive results

Domestic tax collection achieves impressive results

VCN - The economic recovery and good growth have helped increase state budget revenue in the first eight months of the year.
Revising regulations on State budget management

Revising regulations on State budget management

VCN - the Ministry of Finance announced the consultation on the draft Decree amending and supplementing Decree 24/2016/ND-CP of the Government defining the regime of state budget management.
Finance sector strives to fulfill budget task

Finance sector strives to fulfill budget task

VCN - At the meeting to implement the tasks of August 2022 held on the afternoon of August 4, Minister of Finance Ho Duc Phoc said the Finance sector must make efforts to fulfill the budget task and proactively develop fiscal policies to promote socio-eco
Many solutions offered to deal with increasing tax debts

Many solutions offered to deal with increasing tax debts

VCN - The Tax sector has strengthened tax debt management and collection but tax debts have still increased, hampering tax debt handling and collection.
Budget deficit in 2020 decreased by VND18,394 billion compared to the estimate

Budget deficit in 2020 decreased by VND18,394 billion compared to the estimate

VCN - In the context of the outbreak of the Covid-19 pandemic on a global scale, seriously affecting all socio-economic aspects, state budget collection and spending and expenditure in 2020 achieved positive results.
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