Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
State budget revenue ups 14.6% in seven months
State budget revenue is estimated to at VND1,188.1 trillion (US$47.28 billion) in January-July period, equal to 69.8 percent of this year's plan, and up 14.6 percent year-on-year, reported the Ministry of Finance.
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Of the above figure, domestic budget revenue reaches VND995 trillion (US$39.6 billion), equal to 68.9 percent of the estimates and up 15.8 percent year-on-year.
Revenue from crude oil is estimated to at about VND34.4 trillion (US$1.369 billion), equal to 74.7 percent of the whole year's plan, and down 2.7 percent year-on-year.
Rhe revenue from import and export activities reaches VND158.5 trillion (US$6.3 billion), equal to 77.7 percent of the estimates, and up 11.7 percent year-on-year.
Regarding budget spending, the ministry said that accumulated expenditures in the reviewed period reached VND948.3 trillion (US$37.7 billion), equal to 44.7 percent of the estimates and up 0.6 percent year-on-year.
Total budget revenue for 2024 is expected to reach over VND1.7 quadrillion (nearly US$69.8 billion) while budget spending is about VND2.1 quadrillion./.
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