State budget revenue drops in Jan-April
HCMC – State budget revenue in the first four months of 2023 totaled VND645.4 trillion, down 5% year-on-year and reaching 40% of the year’s estimate, according to the Ministry of Finance. Revenue from domestic sources dropped to around 89% of the previous year’s figure. Budget revenue from value
Full-year budget revenue 24% higher than targeted
HCMC – Budget revenue is estimated to exceed the full-year target by 24.3%, topping VND1,460 trillion, the General Department of Taxation reported during an online conference held yesterday, December 15. Compared to the revenue recorded in 2021, the figure this year improved by 8.5%. Of the
Budget collection from real estate sector slows in H2
HCMC – Though the tax revenue from the real estate industry has exceeded the year’s goal, it has kept sliding since June. According to General Department of Taxation data, revenue from housing and land in the year to November had accounted for 17.2% of the total tax collection, at over VND222.6