Of the total, domestic collection was nearly 315 trillion VND, equivalent to 23.7% of its estimate for the year, and up 16.8% compared to the same period last year.

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Thirty-six out of the country's 63 provinces and centrally-run cities have completed over 18% of their yearly estimates.

So far this year, nearly 3,600 tax inspections have been performed, reaching 4.49% of the plan set for 2023.

For e-commerce tax management, as of February 17, 46 foreign suppliers have registered, declared, and paid taxes through the portal for foreign suppliers.

This year, the tax sector is set to collect over 1.37 quadrillion VND for the state budget.

It has synchronously and drastically implemented solutions to strengthen tax revenue management and prevent tax losses, while accelerating administrative reform to create favourable conditions for businesses and taxpayers. It has also vigorously speeded up information technology applications, and enhanced inspection and dialogue with taxpayers.

State budget revenue surpasses nearly 20% of estimate

State budget revenue reached over 1.69 quadrillion VND (71.4 billion USD) as of December 15, exceeding the estimate by 19.8%, the Ministry of Finance announced at a conference in Hanoi on December 19.

14 out of 16 budget collections surpass yearly target

(BGO) – Since early this year, total revenue collection in Bac Giang province has hit about 14.9 trillion VND (600,000 USD), exceeding nearly 19 percent agaist the estimatation assgned by the provincial People’s Committee in 2022 and 2.7 percent year on year, reported the provincial Taxation Department.

Budget collection from import-export up 14.6%

Budget collection from import-export activities topped 362.4 trillion VND (14.57 billion USD) in the first 10 months of this year, equivalent to 86.3% of the set target and up 14.6% year-on-year, according to the General Department of Customs.

Vietnam calls for budget guarantee for UN development system

Minister Counsellor Le Thi Minh Thoa, Deputy Permanent Representative of Vietnam to the United Nations (UN), called for international efforts to ensure financing for the UN development system’s operation during a debate of the UN General Assembly’s Economic and Financial Committee on October 14 in New York.

State budget collection almost reaches yearly target

State budget collection in the January-September period was estimated at over 1.32 quadrillion VND (55.9 billion USD ), reaching 94% of the yearly target, and up 22% from the same period last year, according to Deputy Finance Minister Nguyen Duc Chi.

Source: VNA