What is the 2025 Tet holiday schedule in Vietnam? What does the State budget revenue include?

What is the 2025 Tet holiday schedule in Vietnam?

Pursuant to Notice 6150/TB-BLDTBXH 2024 of the Ministry of Labor, Invalids, and Social Affairs implementing the directive of the Prime Minister in Official Dispatch No. 8726/VPCP-KGVX 2024 of the Office of the Government of Vietnam regarding the Lunar New Year holiday schedule 2025 for officials and public employees and workers as follows:

(1) For officials and public employees

Officials and public employees and workers at administrative agencies, institutions, political organizations, and socio-political organizations (hereinafter referred to as officials and public employees) are entitled to a the 2025 Tet holiday from Saturday, January 25, 2025 (i.e., the 26th day of the twelfth lunar month of the Year of the Dragon) to the end of Sunday, February 2, 2025 (i.e., the 5th day of the first lunar month of the Year of the Snake). This period includes 5 days off for the Lunar New Year and 4 days of weekly rest.

Agencies and units implementing the Lunar New Year holiday schedule should arrange and assign staff as needed to continuously manage work, ensuring good service to organizations and the public. Special attention should be given to assigning officials to handle unexpected and urgent tasks that may arise during the holiday period under the regulations.

Thus, the 2025 Tet holiday for officials and public employees will be a total of 9 days from January 25, 2025 (26th day of the twelfth lunar month) to the end of February 2, 2025 (5th day of the first lunar month).

(1) For workers

For workers in enterprises, the 2025 Tet holiday can be selected from one of the following three options:

- 1 day at the end of the Year of the Dragon and 4 days at the beginning of the Year of the Snake.

- 2 days at the end of the Year of the Dragon and 3 days at the beginning of the Year of the Snake.

- 3 days at the end of the Year of the Dragon and 2 days at the beginning of the Year of the Snake.

What is the 2025 Tet holiday schedule in Vietnam? (Image from the Internet)

Vietnam: What does the State budget revenue include?

Pursuant to the provisions of Article 2 of Decree 163/2016/ND-CP, the State budget revenue includes the following:

(1) Taxes paid by organizations and individuals as prescribed by tax laws.

(2) Fees paid by organizations and individuals as per legal regulations.

(3) Charges for services performed by state agencies; in cases where costs are contracted, they are deductible.

(4) Fees derived from services provided by public service providers and state enterprises, after deducting amounts set aside to offset costs by law.

(5) Payments to the State budget from State economic activities, including:

- Profits shared with the host nation and other revenues from oil and gas exploration and exploitation;

- State capital recovery from investments in economic organizations;

- Dividends, profits shared by foreign-invested and multi-member limited companies that have State capital contributions;

- Profits after tax remaining after allocating funds for state enterprises;

- Surplus of income over expenditures of the State Bank of Vietnam;

- State loan recoveries (including both principal and interest), excluding re-borrowing of foreign loans by the Government of Vietnam.

(6) Voluntary contributions from agencies, organizations, and individuals as prescribed by law.

(7) Revenue from the sale of state assets, including proceeds from the transfer of land use rights or changes in land use purposes managed by state bodies.

(8) Land use fees; land rent and water surface rent; fees for sea areas; housing rent and sales owned by the State.

(9) Revenues from assets established as State property; fees for mineral extraction rights and water resource exploitation rights.

(10) Fines and forfeitures from administrative violations and other penalties under law.

(11) Voluntary contributions by organizations and individuals at home and abroad.

(12) Non-refundable aid from governments of other countries, organizations, and individuals abroad to the State, Government of Vietnam, or local state agencies.

(13) Revenue from the financial reserve fund as specified in Article 11 of the State Budget Law 2015.

(14) Other revenues as prescribed by law.

Can the tax authority organize State budget collection in Vietnam?

Pursuant to the provisions of Clause 1, Article 55 of the State Budget Law 2015 as follows:

Organization of State budget collection

1. The budget collection agency is a financial agency, tax agency, customs agency, and other agency authorized by the competent state agency to perform the State budget collection task.

2. Only budget collection agencies are authorized to organize State budget collection.

...

Thus, based on the above provisions, the tax authority is authorized to organize State budget collection.