Official figures show expenditure during the period reached VND819.4 trillion (US$36.9 billion), of which more than 70% went to regular spending (expenditure for the operation of the State apparatus).
Meanwhile revenues as of mid-September reached VND665.2 trillion (US$29.9 billion), with those contributed by State-owned enterprises equal to 53.1% of the estimate for the whole year as enterprises in the mining and hydroelectricity sectors continued to struggle.
In general, government income in the first nine months of the year failed to meet expectations as a result of falling oil prices and shifting trade patterns due to Vietnam’s participation in new free trade agreements.
