The ministry said the domestic collection during January-July hit VND744 trillion, 65.6% of the estimate and increasing by 12.9% year-on-year.

Total state budget revenue reached VND912.1 trillion (US$39.74 billion) in the first seven months of 2021.

Revenue from import-export activities were VND145.4 trillion, equivalent to 81.5% of the estimate and up 37.5% annually.

Meanwhile, state budget spending was estimated at VND810.6 trillion during the period, equal to 48% of the estimate.

A total of VND4.2 trillion from the central budget and nearly VND2.4 trillion from local budgets were channelled into the fight against Covid-19 prevention and control.

How Vietnam’s economy has changed over five years

Vietnam recorded an average GDP growth of 6 percent a year in the last five years, among the highest in the world.

Bac Giang quickly recovers economy and focuses on disease prevention and control

(BGO) – On July 20, Le Anh Duong, Chairman of the Bac Giang provincial People’s Committee chaired the regular meeting of the People’s Committee in July.

Vietnam’s economy to surpass Singapore's by 2030: DBS Bank

Vietnam’s economy is expected to grow by between 6-6.5 percent over the next decade, and at this pace, it will surpass Singapore by 2030, DBS Bank experts have said.

Vietnam’s economy to maintain position as fourth largest in ASEAN

Vietnam’s GDP in 2020 reached about US$343 billion, surpassing Singapore (with about US$337.5 billion) to rank fourth in ASEAN and among the top 40 largest economies in the world.

How Covid-19 impacts Vietnam’s economy

Vietnam’s economy is recovering from a low base last year, but the number of businesses leaving the market remains high amid growth prospects narrowed by several outbreaks.

Source: NDO/VNA