Taxes and duties are a very important source of State budget revenue and provide major finance for the Government’s socio-economic development programmes. In Việt Nam, tax revenue is starting to decline while expenditure continues to rise, threatening budget sustainability.

In the past, many have criticised mega events like the World Cup and the Olympics for the construction of huge venues which are left empty after the tournament. Qatar is working with local communities to ensure they get what they need out of the event.

Pharmaceutical stocks could be a bad bet this year, as the firms are set to report slower earnings growth for 2018.

The Hà Nội People’s Committee has set 22 targets for socio-economic development in 2019, focusing on State budget restructuring, improvement of its investment and business environment and promotion of the innovation and startup ecosystem.

National Assembly (NA) deputies expressed their concern over waste caused by ineffective public investment during the on-going meeting in Hà Nội yesterday, which focused on the mid-term national socio-economic performance during 2016-20 period.

Nearly 9,000 State employees in Hà Nội’s State agencies have been made redundant so far this year.

National economic challenges, the increasingly severe impacts of climate change and pollution and the crime rate are among the major concerns expressed by voters across the country.

A fresh controversy has broken out as local authorities in the central province of Thừa Thiên-Huế plan to take almost 400 hectares from the core zone of local Bạch Mã National Park to develop a tourism complex.

Public employees and officials can take early retirement if they do not meet new job specifications after their company gets restructured.