Prime Minister Pham Minh Chinh (C), Deputy Prime Minister Ho Duc Phoc (R), and Minister of Finance Nguyen Van Thang attends a conference on reviewing the implementation of finance-state budget tasks in 2024 and deploying tasks for 2025, Ha Noi, December 31, 2024 - Photo: VGP

The information was released at a conference held on Tuesday to review the implementation of finance-state budget tasks in 2024.

The conference saw the participation of Prime Minister Pham Minh Chinh, Deputy Prime Minister Ho Duc Phoc, and Minister of Finance Nguyen Van Thang.

This is the first time State budget revenue has exceeded VND2 quadrillion per year.

By the end of December 2024, the total amount of exemption, reduction, and extension of taxes, fees, charges and land rental fees for businesses and citizens are estimated to reach VND197.3 trillion (or US$7.74 billion)./.