Vietnam's tax revenue in 2024 hits record high


  • World
  • Friday, 20 Dec 2024

HANOI, Dec. 19 (Xinhua) -- Vietnam's tax sector collected a record-high revenue of 1.7 quadrillion Vietnamese dong (66.7 billion U.S. dollars) for the state budget as of Dec. 18, or 116.5 percent of the yearly estimate, according to the General Department of Taxation Thursday.

Domestic revenue over the months reached 1.44 quadrillion dong (56.5 billion dollars), said the report.

Sixty out of 63 provinces and cities exceeded the yearly estimate.

In 2024, the estimated budget revenue assigned to the tax sector is more than 1.48 quadrillion dong (58.1 billion dollars), including 46 trillion dong (1.8 billion dollars) from crude oil revenue and over 1.44 quadrillion dong from domestic revenue, according to the General Department of Taxation.

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