Vietnam to collect $40.11bn for state budget in 2014

Vietnam is estimated to collect 846. 4 trillion Vietnamese dong (40.11 billion U.S. dollars) for the state budget in 2014, according to Vietnam's Ministry of Finance (MoF) on Thursday.
The information was delivered at a recent conference held by the MoF on implementing tasks of the finance sector in 2015, reported Vietnam's state-run radio VOV on Thursday.
As of Dec. 22, the country's state budget revenue hit 831.19 trillion Vietnamese dong (39.53 billion U.S. dollars), accounting for 98.2 percent of the whole year's estimate.
Speaking at the conference, Vietnamese Minister of Finance Dinh Tien Dung said amid tough economic conditions, Vietnam will strive to reach the set target of 2015 state budget revenue of 911.1 trillion Vietnamese dong (43.18 billion U.S. dollars).
Vietnam plans to spend 1,147 trillion Vietnamese dong (54.36 billion U.S. dollars) in 2015, up 13.9 percent over that in 2014, said Dung.
The country will try to keep state budget deficit less than 5 percent of its gross domestic product (GDP) in 2015, VOV quoted Dung as saying.