Budget collection has become a bright spot of Ho Chi Minh City’s economy in 2021 when it surpasses the year’s target despite severe impacts of the COVID-19 resurgence.
The budget revenue increased significantly in the first five months of this year thanks to recovery from 2020 and some sectors seeing strong growth, such as banking, securities, real estate and automobile industries, according to the General Department of Taxation.
The State budget revenue was estimated at 543.4 trillion VND (over 23.7 billion USD) in the first four months of 2021, equivalent to 40.5 percent of the estimate and up 7.3 percent from a year earlier, said the Ministry of Planning and Investment (MPI).
HCM City is to become a smart urban area, maintain its role as the country’s economic engine, and realise its goal of becoming an economic and financial hub in Asia, experts have said.
Prime Minister Nguyen Xuan Phuc ordered the health, tourism and diplomacy sectors to soon study and issue a "vaccine passport" mechanism in order to promote trade and investment while addressing the Government’s regular meeting on March 31.
The State budget revenue in the first quarter totalled 403.7 trillion VND (about 17.5 billion USD), equivalent to 30.1 percent of this year’s target and up 0.3 percent from a year earlier, the Ministry of Finance (MoF) said on March 29.
Thirty-five years after the launch of the renewal, Vietnam has, under the leadership of the Party, reaped comprehensive, great and important achievements.
With Phu Quoc district in Kien Giang province poised to become Vietnam’s first island city from March 1, following its official recognition as a new city, let’s discover this new important national landmark.
The 16th Party Congress of northern Hai Phong city for the 2020-2025 tenure wrapped up on October 15 afternoon, issuing a resolution that targets an average growth rate of 14.5 percent annually for the period.
The 11th Congress of the Ho Chi Minh City Party Organisation for the 2020-2025 tenure opened on October 15, with 444 delegates taking part.
Since victory over the US on April 19, 1975, Binh Thuan province has been in a period of change and development. Over the past 45 years, the army and people of Binh Thuan have continued to build a prosperous homeland and improve the livelihoods of local people here.