The projected State budget revenue for the city in 2024 is expected to reach VND460.51 trillion, equivalent to 98.05 percent of the 2023 budget estimate.
The total State budget revenue in the first four months of this year reached VND645.4 trillion (over US$27.52 billion), the Ministry of Finance announced on May 5.
Thu Duc City People’s Committee has just introduced its plan to tighten management on tax collection and prevent budget revenue loss in the city in 2023.
State budget revenue reached over VND1.69 quadrillion (US$71.4 billion) as of December 15, exceeding the estimate by 19.8%, the Ministry of Finance announced at a conference in Hanoi on December 19.
The Government proposes that the National Assembly will not implement salary reform under Resolution No.27-NQ/TW in 2023, but from July 1, 2023, the base salary for officials, civil servants, and public officials will be raised to the level of VND1.8 million per month.
Ho Chi Minh City Statistics Office, on the afternoon of June 30, held a press conference to announce socio-economic statistics for the first six months of 2022. Despite difficulties in global supply and increasing global gasoline prices, the city's budget revenue in the first six months of the year still increased by more than 17 percent.
Regarding the main tasks and solutions in the coming time, the Government said that, with the development of the domestic and international situation, the implementation of the goals and tasks of the 2022 plan, especially the economic growth target of between 6 percent - 6.5 percent is a huge challenge.
Although the state budget revenue in 2021 exceeded the annual estimate, it is still not enough to convince the tax authorities. When the income structure is unstable and long term, the actual state budget revenue gradually decreases.
According to the report of the General Department of Taxation, the total State budget revenue managed by the tax sector in the first six months of this year is estimated at above VND656.37 trillion, achieving 58.8 percent of the estimate. In which domestic revenue is estimated at nearly VND637.65 trillion, equaling 58.3 percent.
A recently released report by the Statistics Office of Ho Chi Minh City shows that despite being heavily affected by the Covid-19 pandemic, the socio-economic situation remains stable in the first six months of the year. Noticeably, the gross regional domestic product (GRDP) in the first six months of the year increased by 5.46 percent, higher than the estimated growth of 1.02 percent in the same period last year.
Mr. Nguyen Thanh Phong, member of the Central Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on November 3 chaired a meeting on economic, cultural, and social situation and national defense and security in October and the first ten months of the year, and deploy missions and solutions for November.
The People’s Committee of Quang Binh Province and B&T Windfarm Joint Stock Company officially started work on the B&T windfarm cluster project this morning.
Ho Chi Minh City witnessed a sharp fall in the State budget revenue but a surge in spending during the first half of 2020 due to COVID-19 impact, according to the municipal Statistics Office.
State budget revenue in HCMC reached VND41,700 billion (US$ 1.8 billion) in January, 2019, accounting for 10.45 percent of the year’s estimates and increasing 5 percent over the same period last year, the city Department of Finance reported.