HANOI, July 16 (Bernama-Xinhua) -- More than 1.04 quadrillion Vietnamese dong (US$40.9 billion) was collected for Vietnam's state budget in the first half of 2024, reported Xinhua quoting a Vietnam News report Tuesday, citing the Ministry of Finance.
The figure was equivalent to 61 per cent of this year's target and up 17.7 per cent from a year earlier, said the release.
The result was attributable to the effective implementation of support policies for people and enterprises, the positive H1 gross domestic product growth of 6.42 per cent, and a six-month inflation rate of 4.08 per cent with the core inflation rising only 2.75 per cent year on year, according to the ministry.
Domestic revenue over the months surged 19.7 per cent while the revenue from import-export activities increased 11.5 per cent, reaching 68.4 per cent of the whole year's estimate.
The Southeast Asian country set more than 1.7 quadrillion dong (nearly US$69.8 billion) for total state budget collection in 2024, according to the ministry.
--BERNAMA-XINHUA
