The State budget revenue in HCM City declined in the first half of 2020 (Photo: VNA)

H1 State budget revenue in HCMC plummets

Ho Chi Minh City witnessed a sharp fall in the State budget revenue but a surge in spending during the first half of 2020 due to COVID-19 impact, according to the municipal Statistics Office.
Consumers buy goods in CoopMart (Photo: SGGP)

State budget revenues in HCMC reach nearly $1.8 bin in January

State budget revenue in HCMC reached VND41,700 billion (US$ 1.8 billion) in January, 2019, accounting for 10.45 percent of the year’s estimates and increasing 5 percent over the same period last year, the city Department of Finance reported.