2022 budget collections top $74.7bln

Collections from imports and exports reached VND280 trillion ($11.7 billion).

Source: Internet

State budget revenue in 2022 stood at more than VND1.78 quadrillion ($74.7 billion), exceeding the estimate by 26.4 percent, according to the General Statistics Office (GSO).

The figure represents a year-on-year increase of 13.8 percent, the GSO reported at a press briefing in Hanoi on December 29.

Of the total, collections from imports and exports topped VND280 trillion ($11.7 billion), surpassing the estimate by 40.7 percent and up 29.7 percent from last year.

The positive results are attributed to the active recovery of the economy, according to the Ministry of Finance. Production and business activities have also returned to the previous growth pace as the number of newly-registered enterprises and those resuming operations increased rapidly compared to last year.

Tourism and passenger and cargo transport have also recovered strongly.

(VnEconomy)