Bắc giang
Government revenue reaches 898 trillion VND in five months
Vietnam’s government revenue in the first five months of 2024 reached 898 trillion VND (35.3 billion USD), up 15% over the same period last year and equivalent to 53% of the full-year target, according to the Ministry of Finance.
In May, the revenue was estimated at 151 trillion VND (5.9 billion USD), of which domestic revenue was 118 trillion VND and revenue from crude oil was 5 trillion VND. Revenue from export-import activities reached 28 trillion VND.
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Government expenditure during January-May was estimated at 657 trillion VND (25.8 billion USD), up 0.5% from last year and equivalent to 31% of the full-year target.
Spending on development investment was estimated at 22% of the target set by the National Assembly, while regular spending was equivalent to 37%, up nearly 2% from last year. Spending on loan interest payments reached 42.5% of the target, up 10%.
The Ministry of Finance added that as of May 27, it had issued nearly 126 trillion VND (nearly 5 billion USD) worth of government bonds, with an average maturity of 11 years and yield of 2.24%.
According to the General Statistics Office, in the first quarter of 2024, the country recorded more than 36,200 newly established enterprises, a year-on-year increase of 5.1%. Agro-forestry-fisheries is one of the industries reporting an increase of 10% in newly established businesses over the same period last year.
About 450 students from universities in the Republic of Korea (RoK), including over 250 Vietnamese students, took part in an event held on April 28 to connect them with 15 companies and 20 business leaders from both countries.
BAC GIANG - "It is safe to produce, production must be safe" is the motto that all units and enterprises target in production and business so as to create scientific working habits, help workers ensure health and improve labor productivity.
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BAC GIANG - The investment attraction results in Bac Giang province help effectively create job. However, many new businesses that have just come into operation or are scaling up still face many difficulties in recruiting workers due to limited supply. Therefore, functional agencies and related units have accelerated cooperation to support and ensure stable human resources for production.
The Department of Science and Technology of the northern port city of Hai Phong is organising the International Techfest Connect 5+, a science and technology festival to promote connectivity in the northern coastal region, from April 15-16.
A business forum on green transition and finance towards net-zero emissions by 2050 was held in Hanoi on April 11, bringing together hundreds of representatives from ministries, agencies, organisations and businesses.
Source: NDO
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