State revenue to beat estimate by 5 percent

Minister of Finance Dinh Tien Dung said State revenue this year is expected to beat the estimate by 5 percent.

In an online conference with localities on Friday, Dung said his ministry has extended the term for domestic government bonds from 8.7 to 12.7 years.

The Ministry of Finance proposed restructuring State-owned enterprises in line with market principles. As of December, the equitization plans of 43 enterprises have been approved but Minister Dung said the equitization process has been slow and is behind schedule.

Source: VOV5