Ha Noi's budget revenues pass $7bn

Jan 3rd at 12:40
03-01-2013 12:40:17+07:00

Ha Noi's budget revenues pass $7bn

The capital's budget revenues have reached over VND146 trillion (US$7 billion), 99.9 per cent of this year's estimate, announced the Ha Noi Treasury on the first day of the year.

In particular, VND137 trillion ($6.5 billion) came from domestic taxes and VND9 trillion ($0.4 billion) from imports-exports.

The Treasury spent nearly VND62 trillion ($3 billion) from the local budget, or 80 per cent of the yearly forecast.

Total budget revenues in Ha Noi are estimated to reach more than VND161 trillion ($7.7 billion) this year.

vietnamnews



NEWS SAME CATEGORY

Taxes and fees raise violent controversy in 2012

While the government weighed and measured out every dong of the bailouts to businesses, ministries tried everything they could to impose higher charges and fees on...

Central bank refuses to cap interest on long-term loans

The State Bank of Viet Nam will not cap interest rates on loans given for longer than a year except in the case of four priority sectors, Nguoi Lao Dong (Labourer)...

Vietnam promising land for consumer finance in 2013

Experts believe that consumer finance would witness a boom in 2013, when there are all favorable conditions for the market to develop.

The most outstanding features of the banking sector in 2012

The best thing of the 2012 is the stabilization of the dong/dollar exchange rate. The worst is the bad business performance of commercial banks.

Deposit interest cap reignites rate war among banks

Following the sharp cut in the deposit interest rate ceiling to 8 per cent, a fierce battle to retain deposits has broken out between banks, with many resorting to...

Lower deposit rates won't help business, say experts

Some experts doubt the move to lower interest rates on deposits will do much to help businesses get loans.

Central bank promises to reduce bad debts in 2013

State Bank governor Nguyen Van Binh said the government and the entire financial and banking system have taken drastic measures to reduce bad debts while assisting...

State Bank schedules 12% credit growth

The State Bank of Viet Nam planned for the nation's lending growth to reach 12 per cent next year, said Monetary Policy Department director Nguyen Thi Hong at a...

SBV submits asset management plan

The State Bank of Viet Nam submitted a proposed decree on the establishment and operation of a national asset management corporation to the Government yesterday.

Income tax exemptions to rise

The National Assembly passed the revised Law on Personal Income Taxation on November 22.

Bank stocks

Insurance stocks


MOST READ


Back To Top