Proposal to increase Special Consumption Tax on tobacco products

Proposal to increase Special Consumption Tax on tobacco products

According to experts, there cannot be a solution that fully ensures the benefits of both consumers, the state and businesses, but it is necessary to choose the most optimal option to achieve the initially set goals.
Managing fiscal policy has achieved many positive and comprehensive results

Managing fiscal policy has achieved many positive and comprehensive results

Ministry of Finance held an online conference to summarize state budget financial work in the first 6 months of the year, implementing tasks in the last 6 months of 2024.
Vietnam rises 11 places in budget transparency ranking

Vietnam rises 11 places in budget transparency ranking

The results of the Open Budget Survey 2023 (OBS 2023) have just been announced Vietnam's budget transparency ranking continues to be raised to 57 out of 125 countries, climbing 11 places
Amend the Law on Corporate Income Tax to ensure stable revenue sources for the budget

Amend the Law on Corporate Income Tax to ensure stable revenue sources for the budget

The amendment of the Law on Corporate Income Tax (CIT) aims to overcome inadequacies and overlaps, ensure stable revenue sources for the state budget, and contribute to restructuring state budget revenues
Fixing VAT rates with fertilizers brings dual benefits to "3 houses"

Fixing VAT rates with fertilizers brings dual benefits to "3 houses"

The proposed amendments to the VAT Law for fertilizers, if implemented, have the potential to alleviate many of these difficulties, providing enterprises with better opportunities
Imported cars decreased, budget revenue of Ho Chi Minh City Customs encountered difficulties

Imported cars decreased, budget revenue of Ho Chi Minh City Customs encountered difficulties

Many items with high tax rates and large values ​​decreased, affecting revenue sources of State budget of Ho Chi Minh City Customs Department.
VND83,000 billion of State budget 2023 saved in 2023

VND83,000 billion of State budget 2023 saved in 2023

VCN - In 2023, the management of state budget expenditure was implemented proactively and strictly according to estimates, ensuring correct policies and regimes, thoroughly saving regular expenditures, and cutting down on unnecessary and slow spending tasks.
Post-Customs Clearance Audit Department contributes 90% of entire customs sector’s revenue

Post-Customs Clearance Audit Department contributes 90% of entire customs sector’s revenue

VCN - As of April, the Post-Customs Clearance Audit Department alone contributed 90% of the entire Customs sector’s revenue.
The Tax sector’s revenue collection reached 33% of current appropriation

The Tax sector’s revenue collection reached 33% of current appropriation

In the first quarter of the year, total revenue managed by Tax agency was estimated at VND490,196 billion, equal to 116.9% of the current appropriation in the first quarter,
Promote the implementation of audit recommendations to prevent violations in public financial management

Promote the implementation of audit recommendations to prevent violations in public financial management

Many audit recommendations have been "on hold" for many years, leading to a backlog of financial resolution recommendations amounting to trillions of dong.
Revenue from casino contributes about VND9,000 billion to the State budget

Revenue from casino contributes about VND9,000 billion to the State budget

VCN - At the meeting, National Assembly delegate Dieu Huynh Sang (Binh Phuoc) said that curently 64 enterprises have operated lottery business, which is a conditional business.
Plan of bidding VND400,000 billion of government bonds with term 2024

Plan of bidding VND400,000 billion of government bonds with term 2024

The State Treasury has just announced details plan of the 2024 government bond bidding by term.
Striving for 2023 budget revenue to exceed estimate by 3%

Striving for 2023 budget revenue to exceed estimate by 3%

VCN - At this point, the budget collection work is entering its final stage with many efforts from the financial sector. With the goal of completing the estimate and striving to exceed the estimate by about 3%, the financial sector makes all efforts for t
52% of State-funded projects in the 2021-2025 period put into use

52% of State-funded projects in the 2021-2025 period put into use

VCN - Minister of Planning and Investment Nguyen Chi Dung assessed that public investment has promoted its leading role and acted as a bait capital to attract private investment, creating motivation for economic growth.
State budget decreases by about 8% year-on-year

State budget decreases by about 8% year-on-year

VCN - The total revenue in July is estimated at VND133.9 trillion, meeting 8.3% of the estimate and 91.1% of the average revenue in the first six months of the year. In which, domestic revenue reaches at VND114.3 trillion, meeting 8.6% of the estimate.
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