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Banking & Finance: Vietnam Reports Q1 State Budget Revenues Up 8.6% to $2.46 Bln.
(From Vietnam News Briefs)
Inter-bank Forex Rate: $1 = VND15,701
Vietnam collected VND38.69 trillion ($2.464 billion) in budget revenues in the first quarter of this year, up 8.6% on-year and equaling 23.2% of the target set for the whole year of VND152.92 trillion ($9.74 billion), according to the General Statistics Office (GSO).
Domestic collections to the state budget in the period posted an on-year rise of 18%, but the exact figure was not announced.
Meanwhile, revenues from taxes on crude oil exports and customs duty revenues were VND6.352 trillion ($404.58 million) and VND7.527 trillion ($479.4 million), equaling to 26.8% and 20.3% of …
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