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Finance Minister Dinh Tien Dung said that by 2020 state agencies have saved 70% of the costs of meetings, business trips … – Photo: QUANG HIIEU
Speaking at the Government’s online conference with localities on the morning of December 29, Finance Minister Dinh Tien Dung announced the optimistic information on budget revenue results: Despite facing many difficulties due to the COVID epidemic – On February 19, 2020, total state budget revenue unexpectedly reached 98.3% of plan, much more than expected.
Consequently, based on the revenue update so far, the Ministry of Finance estimates that the budget revenue for the full year 2020 will reach 1,472 trillion VND, 148-150 trillion VND more than the number evaluated from August to September. report to Congress.
The minister also said that in 2020 the state agencies will save 70% of the expenses of conferences, seminars and business trips inside and outside the country and an additional 10% in recurring expenses.
Thus, with the positive economic growth (reaching 2.91%), the total budget revenue of the State reached 98.3%, which shows that the Vietnamese economy has withstood the difficulties caused by epidemics, natural disasters, floods … ., while affirming the Government’s assessment that by 2020, we have achieved “dual objectives”, both to prevent epidemics and to maintain economic development and social stability. .
Minister Dinh Tien Dung said that in 2021, the financial sector will implement a series of solutions to help companies overcome difficulties and maintain the recovery momentum of the economy. The Ministry of Finance sets the goal of increasing state budget revenue by at least 3% compared to the centrally assigned estimate.
Consequently, based on the current situation, “the financial sector will urgently review and inform the Government and competent authorities about preferential solutions, exemptions, reductions and extensions of taxes, fees and charges to eliminate.” remove the difficulties for companies, attract the appropriate investment capital for the transfer of sources, “said Mr. Dinh Tien Dung.
The Ministry of Finance will also request agencies, units, and localities to continue to thoroughly save on meetings, savings, travel expenses, and to limit the purchase of expensive cars and equipment. For agencies and units that are applying a specific mechanism, at least a 15% reduction compared to the 2020 estimate.
“In the year 2021, it is necessary to continue promoting the restructuring and equity of SOEs, restructure the banking sector, fully manage unprofitable investment projects, improve the operational efficiency of the entire system,” confirmed Mr. Dinh Tien Dung.
Minister of Planning and Investments Nguyen Chi Dung – Photo: QUANG HIIEU
Urgently formulate a project to build an international financial center in Ho Chi Minh City.
Evaluation of the implementation of the socio-economic development goals in 2021, Minister of Planning and Investments Nguyen chi dung they think that it is necessary to accelerate the restructuring of the economy and sectors, promote innovation, develop new economic models such as the collaborative economy, the night economy, the digital economy …, promote rapid and sustainable transitions
Implementation must be implemented more drastically, flexibly and effectively in the face of turmoil, freeing up resources and determination to make a breakthrough in legal institutions.
“In order to effectively duplicate the goal, preventing the COVID-19 epidemic remains one of the top priorities. Opening up the commercial economy must consider and take a cautious step,” said Mr. Nguyen Chi Dung.
The Planning and Investment Minister also proposed “to urgently prepare a project to build an international financial center in Ho Chi Minh City and report to the Politburo and the Government for their consideration.” At the same time, to rapidly implement new types of business, public services, support digital transformation for Vietnamese companies, and develop national innovation centers.
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