The Ministry of Planning and Investment estimates the total State budget to reach 516.7 trillion VND (22.6 billion USD) in 2022, up 8.3 percent against 2021’s plan.
Hanoi (VNA) - The Ministry of Planning and Investment estimates the total State budget to reach 516.7 trillion VND (22.6 billion USD) in 2022, up 8.3 percent against 2021’s plan.
Of the total, the central budget will be 222 trillion VND, equal to this year’s plan, while the local budget capital will be 294.7 trillion VND, up 15.4 percent compared to that of this year’s estimate, the ministry said.
Next year, Vietnam will continue improving the efficiency of public investment use; speeding up the implementation of key investment projects with focus on highways, seaports, digital infrastructure, and important databases; expanding investment in innovative start-ups, important national and inter-regional projects.
Attention will be paid to complete construction on roads along the coast, transited from 2016-2020 to 2021-2025, and start work on several urgent and important projects that have positive influences on the economic recovery and development process in the context of the COVID-19 pandemic, and urgent projects as regulated by the Law on Public Investment.
According to the Ministry of Planning and Investment, in order to remove difficulties in public investment-related institutions, mechanisms and policies, the Government issued a Decree dated August 16, 2021 on amending and supplementing a number of articles of Decree No. 97/2018/ND-CP dated June 30, 2018 on on-lending ODA and foreign preferential loans of the Government. As a result, the problem of loan security assets has been removed for sub-borrowers, including public non-business units.
The Prime Minister also issued Decision No.1388/QD-TTg dated August 6, 2021 on the establishment of the Prime Minister's Working Group to direct the development of a pilot project on separation of ground clearance and resettlement out of investment projects. At the same time, the Prime Minister also issued Dispatch No.1082/CD-TTg dated August 16, 2021 requesting ministries, central agencies and localities to speed up the disbursement of public investment capital./.
Total state budget revenue reached 912.1 trillion VND (39.74 billion USD) in the first seven months of 2021, equaling 67.9 percent of the estimate and up 15.6 percent year-on-year, data released by the Ministry of Finance on August 9 showed.
Pension and social insurance allowances and monthly subsidy will increase by 11 percent from January 1, 2022 under a proposal the Ministry of Labour, Invalids and Social Affairs (MoLISA) has submitted to the government.
The Ministry of Planning and Investment has said that it is coordinating with relevant ministries, agencies and localities to build a national economic restructuring plan for the 2021-2025 period, with an aim to creating a breakthrough change in the growth model towards higher productivity, quality and competitiveness.
In order to best achieve 2021 targets, Prime Minister Pham Minh Chinh ordered giving the top priority to curbing the pandemic soon and gradually restoring production and trade in areas meeting safety conditions, Minister and Chairman of the Government Office Tran Van Son has said.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Illustrative image (Source: VNA) 
