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budget
Budget-related news updates
Nghe An implements many decisive measures to accelerate the disbursement of public investment capital in 2026.
In 2026, Nghe An province was allocated over 14,174 billion VND in public investment capital by the Prime Minister. After implementing a 5% budget saving (nearly 412 billion VND), the total actual capital...
Economy
The Trump-class nuclear battleship project faces technical and budgetary challenges.
The White House opposes a provision in the NDAA 2027 that requires the U.S. Navy to demonstrate technological maturity and industrial capability before funding for the Trump-class battleships.
The Ministry of Finance reviews its financial and budgetary work for the first six months of the year.
On the afternoon of July 17th, the Ministry of Finance held a nationwide online conference to review the work of the first six months of the year and to implement tasks for the last six months of 2026.
Nghe An and 26 other provinces and cities have been allocated additional budget to implement the National Target Program.
The Prime Minister has allocated additional central government budget expenditure estimates and central government-funded public investment plans for 2026 (phase 2) to 27 localities to implement national target programs...
Nghe An province exceeds budget revenue target, accelerating towards the goal of 35,000 billion VND.
Nghe An's budget revenue in the first six months of the year exceeded the operational target by more than 14%. However, to achieve the target of 35,000 billion VND this year, many breakthrough solutions are still needed in the next two quarters...
Criminal proceedings initiated in case of tax evasion involving hundreds of billions of VND at Phuong Xuan Gold and Silver Company.
The Ha Tinh Provincial Police have just decided to initiate criminal proceedings and indict two leaders of Phuong Xuan Gold and Silver Joint Stock Company for the crime of "Tax Evasion," as stipulated in the Penal Code.
Nghe An province's tax authorities are accelerating digital transformation and are determined to complete their budget revenue collection targets for 2026.
On the afternoon of July 10th, the Nghe An Provincial Tax Department held a conference to review and evaluate the performance of tax work during the first six months of the year and to plan for the tasks of the last six months of 2026.
The allowance for part-time workers and those directly involved in activities at the block, hamlet, village, and commune levels will be increased.
July 8, 2026 18:44
On the afternoon of July 8th, the Economic and Budget Committee of the Provincial People's Council and the Legal Committee of the Provincial People's Council held a meeting to review the contents to be submitted to the mid-year regular session of the 19th Provincial People's Council, term 2026-2031.
Nghe An accelerates budget revenue collection in the first 6 months of the year.
July 7, 2026 21:32
Industrial production recovered, the FDI sector and the service-trade sector flourished; coupled with tightened revenue management, combating revenue loss, and fostering sustainable revenue sources, thus contributing to budget revenue...
NATO Summit: Europe showcases defense budgets in an attempt to appease the US.
July 7, 2026 09:52
On July 7th, the NATO Summit officially opened in Ankara, Türkiye. The focus of the agenda was the European allies' efforts to appease the President...
The Economic and Budget Committee of the Provincial People's Council reviewed 9 items to be submitted to the mid-year regular session in 2026.
July 2, 2026 11:42
On the morning of July 2nd, the Economic and Budget Committee of the Provincial People's Council held a meeting to review draft resolutions and reports under its purview, in preparation for submission to the mid-year regular session of 2026...
The Ethnic Affairs Committee of the Nghe An Provincial People's Council reviewed the draft resolution on the allocation of funds for the National Target Program.
June 24, 2026 12:21
On the morning of June 24th, the Ethnic Affairs Committee of the Nghe An Provincial People's Council held a meeting to review the draft Resolution stipulating the principles, criteria, and allocation norms of central government budget for the implementation of the targeted program...
Many FDI enterprises contribute significantly to the state budget, creating momentum for Nghe An's development.
June 24, 2026 08:39
Domestic budget revenue reached nearly 13,830 billion VND in just 5 months, a 30% increase compared to the same period last year; the FDI business sector alone saw a 191% increase, completing 90% of the annual target. These figures are remarkable...
Three individuals have been prosecuted for "illegally trading invoices and documents for collecting state budget revenue" and "tax evasion".
June 23, 2026 22:28
The Security Investigation Agency of the Nghe An Provincial Police has just initiated legal proceedings against three individuals for the offenses of "Illegal trading of invoices and documents for collecting state budget revenue" and "Tax evasion".
The Economic and Budget Committee of the Provincial People's Council is reviewing the draft resolution on adjusting the Nghe An provincial planning.
June 22, 2026 17:59
On the afternoon of June 22, the Economic and Budget Committee of the Provincial People's Council held a meeting to review 7 draft resolutions to be submitted to the 3rd session of the 19th Provincial People's Council, term 2026-2031.
The US is scrambling to raise $80 billion for war costs, while Iran declares it will not back down from its 'red line'.
June 19, 2026 17:49
While the Washington administration faces financial pressure and opposition from Congress, Tehran officials are also sending a firm message that they will not compromise at the negotiating table.
The UK's defense capabilities rank second to last in NATO due to budget shortfalls.
June 16, 2026 06:58
The United Kingdom currently ranks 31st out of 32 NATO members in terms of military modernization, facing pressure to increase defense spending and declining combat capabilities.
Nghe An province provides feedback on regulations for allocating central government budget for the implementation of national target programs.
June 15, 2026 16:48
On the afternoon of June 15th, the Provincial People's Committee held a meeting to discuss the draft Resolution stipulating the principles, criteria, and allocation norms of central government budget for the implementation of the National Target Program for construction...
The era of "land consolidation and cultivation" projects is over.
June 15, 2026 08:48
Over the years, the province has regularly directed the inspection and review of non-budgetary investment projects on an annual basis. Following these inspections and reviews, a considerable number of projects have been found to be behind schedule...
Allocate resources to increase salaries for civil servants and pensioners in 2027.
June 14, 2026 06:53
The Prime Minister instructed relevant units to allocate resources, in accordance with the state budget's balancing capacity, to adjust public sector salaries and pensions.
The US leads global nuclear weapons spending with $69.2 billion in 2025.
June 11, 2026 21:59
The ICAN report states that global nuclear weapons spending reached a record $119 billion, with the United States accounting for more than half of the total budget of the nine nuclear powers.
The US Congress approved record funding for Trump's immigration crackdown campaign.
June 10, 2026 14:31
The US Congress has just approved a $70 billion budget package to support the Trump administration's policies on deporting undocumented immigrants and controlling the border.
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