Vietnam’s state budget collection up 13.2pc in Q1 | 2019-04-09 | daily-sun.com

Vietnam’s state budget collection up 13.2pc in Q1

9 April, 2019 12:00 AM printer

HANOI: Vietnam posted budget collection of 381 trillion Vietnamese dong (16.6 billion U.S. dollars) in the first quarter of this year, up 13.2 percent on-year.

Domestic revenue stood at some 315.4 trillion Vietnamese dong (13.7 billion U.S. dollars), rising by 13.8 percent against the same period last year, according to the country's Ministry of Finance on Monday, reports Xinhua.

Import-export activities contributed 80.8 trillion Vietnamese dong (3.5 billion U.S. dollars) to the state budget, up 17.6 percent on-year.

Between January and March, Vietnam's budget spending stood at 315.6 trillion Vietnamese dong (over 13.7 billion U.S. dollars), up 7.6 percent on-year.


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