Tag: national budget

Addressing a meeting with the National Assembly’s Committee for Culture and Education on October 17, Minister of Education and Training Nguyen Kim Son proposed that the legislature ensure that a minimum of 20 per cent of total national budget expenditure is set aside for education. Despite the difficulties caused by the pandemic, the education sector has posted a range of positive results. In the ranking of countries in terms of education in 2021, Vietnam was 59th, up five places compared to 2020.

Tax revenues from the 23 localities that contribute 70 per cent of total State budget revenue have fallen substantially due to social distancing and suspended production. The General Department of Taxation will therefore promote tax collections on commercial business activities through e-commerce and digital platforms.