State-run enterprises make the largest contribution to state budget

A report by the GSO indicated that State-run firms contributed an average of VND104 billion to the State budget, much higher than that of foreign direct invested (FDI) companies or private firms, at VND18 billion and VND1 billion, respectively.

Tax contributions and other payments to the State budget made by large-scale enterprises accounted for 67.5%, while that of small firms made up nearly 20%, and medium and super small companies provided the remainder.