State budget revenue hits over VND340 trillion

(VNF) - Total state budget collection hit over VND340 trillion as of mid-May 2015,, 37.4% of the year’s estimate.

Of this, domestic revenue reached nearly VND254 trillion, nearly 40% of the year’s estimate. Collection from crude oil is estimated over VND26 trillion, over 28% of the year’s estimate. Balance collection from export and import activities yielded over VND59 trillion, nearly 34% of the year’s estimate.

According to the General Statistics Office, crude oil export from the start of the year has seen a 5.5% decrease in volume and a 53% reduction in value, so the budget revenue has only fulfilled 28% of the year’s estimate so far.

Budget collection from state-owned businesses was worth VND81.5 trillion, 37% of the year’s estimate, while those from the foreign-invested sector (excluding crude oil) was estimated at VND54trillion, nearly 38% of the year’s estimate./.

( Hoang Vy )