Vietnam records state budget collection 78.5 pct of yearly target -Xinhua

Vietnam records state budget collection 78.5 pct of yearly target

Source: Xinhua

Editor: huaxia

2024-09-10 20:04:04

HANOI, Sept. 10 (Xinhua) -- Vietnam posted a state budget collection of over 1.3 quadrillion Vietnamese dong (52.7 billion U.S. dollars) in the first eight months of this year, or 78.5 percent of the yearly projection and up 17.8 percent year on year, the country's General Statistics Office has said.

Domestic revenue over the months rose 18.9 percent from the same period of last year to nearly 1.1 quadrillion dong (44.5 billion dollars), while the revenue from import-export activities increased by 16.2 percent to 178.7 trillion dong (7.2 billion dollars).

From January to August, Vietnam's budget spending stood at over 1.1 quadrillion dong, or 52.1 percent of the yearly projection and up 1.9 percent year on year

Vietnam aims to have a state budget collection of more than 1.7 quadrillion dong (about 68.9 billion dollars) in 2024.