Q1 State budget revenue reaches 33% of annual estimate

According to the Ministry of Finance, total State budget revenue reached nearly VND450 trillion ($19.7 billion) in the first quarter, equal to nearly 32 per cent of the annual estimate, of which revenue from imports and exports stood at VND107.3 trillion, or 30.48 per cent of the estimate. State budget revenue for the year as a whole is estimated at around VND1.4 quadrillion ($61.5 billion), of which revenue from trade will account for 14.1 per cent and from crude oil 2 per cent. The pandemic has been controlled around the country and production and business activities are recovering well.