The fourth consecutive year the State revenue surpassed the estimate

The fourth consecutive year the State revenue surpassed the estimate

VCN- On behalf of the Government, Minister of Finance Dinh Tien Dung said that basically, all socio-economic development targets and tasks, including financial and State budget targets in 2019, will be completed.
Customs generates nearly 1,350 billion VND to state revenue via post clearance audit

Customs generates nearly 1,350 billion VND to state revenue via post clearance audit

Customs generate nearly 1,350 billion VND for State revenue, collected by post clearance audit force of Customs sector from the beginning of the year to September 15.
Part 3: Equitisation of HCM City

Part 3: Equitisation of HCM City

VCN- According to Ho Chi Minh City Enterprise Management and Innovation Board, in addition to 39 equitised enterprises that are currently behind schedule, Ho Chi Minh City has 15 subsidiaries under SOEs that need to be equitised.
Tax collection from business section increases by 13.6 percent

Tax collection from business section increases by 13.6 percent

The total accumulated State revenue in eight months of 2019 managed by the tax authority was estimated at 814,186 billion VND
Hanoi Tax Department: State revenue in six months reaches over 50%

Hanoi Tax Department: State revenue in six months reaches over 50%

VCN - According to the Hanoi Tax Department, in the first 6 months, most of the revenue targets grew over the same period in 2018.
Hai Phong Customs: state revenue sees prosperity from the beginning of the year

Hai Phong Customs: state revenue sees prosperity from the beginning of the year

VNC - In the first 2 months of 2019, Hai Phong Customs collected more than VND 11,000 billion, up 67.4% compared to the same period last year.
Deputy Prime Minister Vuong Dinh Hue: The State revenue increased thanks to the excess revenue collection of over hundred trillion VND

Deputy Prime Minister Vuong Dinh Hue: The State revenue increased thanks to the excess revenue collection of over hundred trillion VND

VCN- According to the Deputy Prime Minister, in 2018, the Ho Chi Minh City’s revenue was VND 377 trillion, reaching 100.11% of the estimated target, which is a remarkable achievement because as of 28th December 2018 this city’s revenue had only collected
Localities strengthen measures to combat State revenue loss

Localities strengthen measures to combat State revenue loss

VCN - Many localities have reported positive revenues and introduced many measures to manage the revenue and prevent the revenue loss in the aim of fulfilling the assigned targets.
State revenue in April increases by 12.1%

State revenue in April increases by 12.1%

VCN- The report of the Ministry of Finance also stated that domestic revenue reached VND 368.1 trillion, accounting for 33.3% of the estimate, increasing by 14.5% over the same period of 2017.
Proposing to increase tax rate for cigarettes to the highest rate

Proposing to increase tax rate for cigarettes to the highest rate

VCN- In particular, the World Bank said that with a 10% increase in tax rate for cigarettes, it raises 7% more tax revenue for countries on average.
Strive for task of state revenue collection

Strive for task of state revenue collection

VCN- The amount of state revenue in the first months of 2018 is quite high, bringing a big expectation for the estimates of the whole year. However, there is a big challenge, thus units, especially tax and customs units, must continue to strive and focus
Revenue from Severance Tax accounted for only 1.36% - 4.27% of total State revenue

Revenue from Severance Tax accounted for only 1.36% - 4.27% of total State revenue

VCN- Revenue from Severance Tax accounts for 1.36%- 4.27% of total State revenue and 0.3%-0.9% of annual GDP
Urging businesses to pay tax debt of VND 5 million or more

Urging businesses to pay tax debt of VND 5 million or more

VCN- As of 31st January 2018, the total tax debt at 63 Tax departments was VND 75.8 trillion, increasing by VND 2,721 trillion compared to 31st December 2017.
State revenue sustains strong growth

State revenue sustains strong growth

VCN- It is estimated that domestic revenue of 45 of 63 localities in the country reach the estimate (over 16%), of which revenue of 31 localities reach over 18% of the estimate; revenue of 51 of 63 localities is higher than the same period, and revenue of
The State Treasury: The focus of Administrative reform is customers

The State Treasury: The focus of Administrative reform is customers

VCN- In 2017, the State Treasury has effectively deployed the model of Single Window with one teller and the scheme on unified focal point of State budget expenditure control via the State Treasury.
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