HANOI, Nov. 5 (Xinhua) -- Vietnam collected nearly 719.5 trillion Vietnamese dong (34.1 billion U.S. dollars) to the state budget in the first ten months of 2014, up 15.2 percent year-on- year, accounting for 91.9 percent of the whole year's estimate, said Vietnam Industry and Trade Information Center (VITIC) under the Ministry of Industry and Trade on Wednesday.
As of the end of October, domestic revenue rose 16.5 percent year-on-year, making up 90 percent of the year's estimate, while revenue from import-export activities increased 14.4 percent year- on-year, accounting for 92.2 percent of the estimate for the year, VITIC quoted the latest report by Vietnam's Ministry of Finance as saying on Wednesday.
Meanwhile, during the ten-month period, Vietnam's state budget spending cost some 853.65 trillion Vietnamese dong (40.46 billion U.S. dollars), accounting for 84.8 percent of the year's estimate.
As a result, in the first ten months, Vietnam suffered from a state budget deficit of 134.16 trillion Vietnamese dong (6.36 billion U.S. dollars), accounting for 59.9 percent of the year's estimate, according to the report.
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