Finance sector experiences surge in budget revenue

by VTV403 January 2017 Last updated at 18:23 PM

VTV.vn - The end of the 2016 fiscal year saw budget revenue surpass initial plans at a rate of 107%. Prominently contributing to this surge were the two cities of Hanoi and Ho Chi Minh City.

According to the Ministry of Finance, 2017 poses heavy responsibilities for budget revenue collection. Therefore, the ministry says, administrative reforms as well as favoring businesses are seen as the main goals of the finance sector. It is expected that before June 2017, the ministry hopes Hanoi will spearhead e-tax collection procedures, creating a boost to state budget revenue.

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