Tax revenue reaches over 19.7 billion USD in Q1

The tax sector collected an estimated 462.92 trillion VND (19.71 billion USD) for the State budget in the first quarter of 2023, equivalent to 31.1% of the yearly estimate, the General Department of Taxation reported on April 3.
Tax revenue reaches over 19.7 billion USD in Q1 ảnh 1Tax revenue reaches over 19.7 billion USD in Q1. - Illustrative image (Photo: VNA)
Hanoi (VNA) -  The tax sector collected an estimated 462.92 trillion VND (19.71 billion USD) for the State budget in the first quarter of 2023, equivalent to 31.1% of the yearly estimate, the General Department of Taxation reported on April 3.

Of the total, domestic collection reached over 411.4 trillion VND, equivalent to 30.9% of its estimate for the year, and up 5.3% compared to the same period last year.

Twenty-eight out of the country's 63 provinces and centrally-run cities have completed over 28% of their yearly estimates.

The General Department of Taxation said it received and processed 3.3 billion e-invoices, including 860 million e-invoices with code and 2.5 billion without code.

As of March 24, over 10,000 businesses, business households and individuals have successfully registered to use e-invoices generated from cash registers.

For e-commerce tax management, 49 foreign suppliers have registered, made tax declarations, and paid taxes through the portal for foreign suppliers. Meanwhile, as many as 285 organisations which are the owners of e-commerce platforms, provided their information through the portal.

This year, the tax sector is set to collect over 1.37 quadrillion VND for the state budget.

It has synchronously and drastically implemented solutions to strengthen tax revenue management and prevent tax losses, while accelerating administrative reform to create favourable conditions for businesses and taxpayers. It has also vigorously sped up information technology application, and increased inspections on and dialogues with taxpayers./. 
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.