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.
Enhancing and streamlining of regular expenditure payment processes at the state treasury

Enhancing and streamlining of regular expenditure payment processes at the state treasury

VCN - The State Treasury, aspiring to transition from an Electronic Treasury to a Digital Treasury, continues to explore and implement innovations and improvements to further amplify the efficiency of its services.
The State Treasury promotes digitalization of expenditure control

The State Treasury promotes digitalization of expenditure control

VCN - Thanks to that, the State Treasury's processing time for documents is 1-3 working days; Especially when implementing the "pay first, control later" method, there is only 1 working day left.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Budget revenue estimate in 2023: Focusing on core, sustainable revenues

Budget revenue estimate in 2023: Focusing on core, sustainable revenues

VCN – The State budget estimate for 2023 has just been approved by the National Assembly. Many contents of the 2023 budget estimate received the attention of experts and people, including budget revenue and expenditure estimates. According to a representa
Balancing budget of Dong Nai to meet the task of expenditure following the estimate

Balancing budget of Dong Nai to meet the task of expenditure following the estimate

Assessing the domestic revenue in 2021, Dong Nai is one of the few localities where the domestic revenue exceeds the assigned estimate
Allocation norms of recurrent expenditure estimate of State budget 2022

Allocation norms of recurrent expenditure estimate of State budget 2022

VCN – The allocation of recurrent expenditure estimates of the State budget must be consistent with the balance of the State budget in 2022, the 3-year financial-state budget plan for 2022-2024, and the 5-year national financial plan for 2021-2025.
Budget allocation norm decreases gradually according to payroll levels

Budget allocation norm decreases gradually according to payroll levels

VCN - Regarding the criteria and norms for the State budget allocation of recurrent expenditure estimates to ministries and central agencies, Resolution 01/2021/UBTVQH15 stipulates specified criteria and norms for three objects, including: estimates of ex
State budget investment capital allocated to key infrastructure projects

State budget investment capital allocated to key infrastructure projects

VCN – The estimation of expenditure on development investment must comply with the Law on State Budget.
Five principles in financial management of foreign aid

Five principles in financial management of foreign aid

VCN- The financial management of foreign aid must comply with the five principles.
Disbursement on capital borrowed from aboard: How to solve difficulties?

Disbursement on capital borrowed from aboard: How to solve difficulties?

The disbursement of public investment capital borrowed from abroad by ministries and sectors reached just 34.65% of the plan assigned at the beginning of the year
Vietnam

Vietnam's largest enterprises stand firm during the pandemic

VCN- According to the VNR500 ranking this year, the Top 6 remained the same as the 2019 list with familiar names such as Samsung Electronics Co., Ltd., Vietnam Electricity (EVN), Vietnam Oil and Gas Group (PVN), Military Industry and Telecoms Group (Viett
Minister of Finance: Strive to fulfill the highest level of the 2020 budget revenue and expenditure tasks

Minister of Finance: Strive to fulfill the highest level of the 2020 budget revenue and expenditure tasks

VCN- According to Minister Dinh Tien Dung, the state budget implementation in the first six months was greatly affected by the impact of the Covid-19 pandemic. Specifically, the total State budget revenue in six months was about 44.2% of the estimate, dow
Cash revenue accounts for 0.47 percent of total revenue at the State Treasury

Cash revenue accounts for 0.47 percent of total revenue at the State Treasury

VCN - Looking towards the establishment of the electronic State Treasury by 2020, the whole Treasury system is trying to implement non-cash payments to strictly control State budget revenue and expenditure.
HCM City revenue collection VND 400,000 billion for first time

HCM City revenue collection VND 400,000 billion for first time

Chairman of HCM City People’s Committee Nguyen Thanh Phong said he highly appriciated the achievements of financial units in HCM City
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