The Prime Minister of Vietnam: State budget revenue estimates in 2022

According to Directive No. 20/CT-TTg of the Prime Minister of Vietnam, State budget revenue estimates in 2022 are as follows:

- Estimates of state budget revenue in 2022 must be developed actively and feasible with the spirit of striving, making the best efforts, in accordance with current policies and regimes, ensuring correct and sufficient collection and nurturing revenue sources.

In the context of many risks and difficulties in 2021, it is necessary to continue to focus on analyzing and forecasting the economic and financial situation in the world and in the country to closely assess the ability to collect state budget revenue in 2021 as the basis for formulating the state budget revenue estimate in 2022.

- Striving to estimate domestic revenue in 2022, excluding land use levy, lottery collection, sale of state capital in enterprises, dividends, profit after tax and the difference between revenues and expenditures of the State Bank of Vietnam. Vietnam's average growth rate of the whole country is about 6-8% compared to the estimated assessment in 2021 (excluding the factors of increase and decrease in revenue due to policy changes).

The specific increase in revenue depends on the conditions, characteristics and the economic growth rate in each locality.

Estimated revenue from import-export activities in 2022 will increase by 4-6% on average compared to the estimated implementation in 2021.

Directive No. 20/CT-TTg issued on July 23 2021 by the Prime Minister of Vietnam. 

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