January state budget collection reaches over $7.74 bln

Of the total, domestic revenue reached 6.77 billion USD, accounting for 12% of the estimate, up 3.1% over the same period last year, while revenue from import-export activities was estimated at 1.183 billion USD, equaling 6.6% estimate, but only 65% compared to the same period last year.

The decrease in budget revenue is due to the New Year and the Lunar New Year both taking place in January, leading the number of working days to be less than the previous month and the same period last year.

In addition, the global economy has been affected by inflation and recession in most major countries, causing global consumption to decline, adversely affecting Vietnam's import and export activities.