Director of HIDS suggests spending up to VND40 trillion to support businesses

Director of HIDS suggests spending up to VND40 trillion to support businesses

Vietnam has suffered huge economic losses in the past two years. In 2020, economic growth was expected to be 6.8 percent, but it was only 2.9 percent for the whole year. In 2021, the economic growth target is 6 percent, but the actual achievement will possibly be not higher than 3 percent. It means that within two years, the country has lost about 7 percent of its GDP (GDP is currently about US$343 billion), equivalent to a loss of nearly $24 billion. Mr. Tran Hoang Ngan, Director of the HCMC Institute for Development Studies (HIDS) stated.
PM urges localities to persistently pursue dual goals

PM urges localities to persistently pursue dual goals

Prime Minister Pham Minh Chinh on July 2 asked localities to persistently and resolutely implement the dual goals of preventing the Covid-19 pandemic and promoting socio-economic development.
Ho Chi Minh City targets phenomenal growth

Ho Chi Minh City targets phenomenal growth

The revenue collected by Ho Chi Minh City in 2020 reached VND 371,000 bn, which means that the City received an average of about VND 1,000 bn per day. For 2021, the Central Government has assigned a target for Ho Chi Minh City to ensure a daily income of about VND 1,500 bn. 
Vice Chairman of the People's Committee of Ho Chi Minh City Vo Van Hoan speaks at the Government's meeting. (Photo: SGGP)

HCMC’s budget collection at VND2.9 trillion per day

Reporting to the Government, Vice Chairman of the People's Committee of Ho Chi Minh City Vo Van Hoan affirmed that the city’s economy had positive growth, with budget revenue hitting VND2.9 trillion (US$125.7 million) per day. The city was neither subjective nor panic in the prevention of the Covid-19 pandemic.
Binh Duong Province pledges to accompany enterprises

Binh Duong Province pledges to accompany enterprises

The Provincial Party Committee, People's Council, People's Committee of Binh Duong Province recently held a meeting with associations and enterprises located in the province.
(Photo: SGGP)

HCMC targets US$ 17.5 billion in budget collection

Ho Chi Minh City was assigned to collect VND 405.83 trillion (US$ 17.5 billion) for the state budget in 2020, a rise of 1.68 percent compared to last year’s estimates, said Chairman of the municipal People’s Committee Nguyen Thanh Phong.
HCMC Party Chief Nguyen Thien Nhan gives certificates of merit to representatives of 24 districts for well fulfilling their budget revenue mission in 2018 on January 3 (Photo: SGGP)

HCMC’s budget revenue beyond estimates in 2018

State budget revenue in HCMC reached VND378,543 billion (US$16.33 billion) in 2018, accounting for 100.47 percent of estimates and increasing 8.65 percent over the same period last year, reported director of the city Department of Finance Phan Thi Thang yesterday.