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Budget-related news updates
The US national debt has surpassed the historic mark of $40 trillion for the first time.
The U.S. Treasury Department confirmed on August 19 that the country's total public debt has officially surpassed $40 trillion, significantly higher than previous forecasts. The rapid increase in debt...
International
Barcelona are preparing a large budget to sign Lautaro Martinez after missing out on Julian Alvarez.
The failure to sign Julian Alvarez has forced Barcelona to focus all their efforts on Lautaro Martinez. Coach Hansi Flick has given the green light to the plan to recruit this striker.
The delegation of National Assembly deputies from Nghe An province contributed opinions to finalize the draft Law on State Budget (consolidated) and the National Target Program for the period 2026-2035.
On the morning of August 19th, at the first extraordinary session of the 16th National Assembly, the delegations of National Assembly deputies from Nghe An and Lam Dong provinces held group discussions on the orientation for drafting the State Budget Law Project...
Estonia is reallocating 500 million euros from its armored vehicle budget to UAVs and air defense systems.
The Estonian government has decided to redirect the initial €500 million budget allocated for purchasing armored vehicles to focus on developing UAV technology and air defense systems.
President Trump increased funding for the U.S. military to replenish its arsenal.
US President Donald Trump stated that the country's military urgently needs to replenish its weapons stockpiles. While asserting that the nation possesses a massive amount of ammunition, the leader still emphasized...
Nghe An province plans to decentralize the management and use of public investment funds to the commune level.
Decentralizing power to the commune level will create more autonomy in project selection, shorten time and procedures, accelerate implementation progress, disburse public investment funds, and enhance accountability of the local government.
Nghe An focuses on resolving outstanding public investment projects.
As of mid-July 2026, Nghe An province had reviewed and identified 131 outstanding public investment projects. Of these, the province and relevant departments have focused on directing and completing the handling of 22 provincial-level projects...
Nghe An: FDI exceeds US$2.43 billion, budget revenue reaches over VND 20,000 billion after 7 months of 2026.
July 30, 2026 13:31
On the morning of July 30th, the People's Committee of Nghe An province held its regular monthly meeting for July 2026, chaired by Mr. Vo Trong Hai - Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, to assess the situation...
Establish a unified legal framework for the management, allocation, and use of public finances.
July 28, 2026 07:41
On July 27th, continuing the program of the 4th Session, under the chairmanship of National Assembly Chairman Tran Thanh Man, the Standing Committee of the National Assembly gave opinions on many draft laws, resolutions, decrees, etc.
Nghe An implements many decisive measures to accelerate the disbursement of public investment capital in 2026.
July 25, 2026 07:25
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...
The Trump-class nuclear battleship project faces technical and budgetary challenges.
July 24, 2026 14:00
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.
July 17, 2026 17:59
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.
July 16, 2026 09:57
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.
July 12, 2026 11:13
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.
July 11, 2026 06:27
The Ha Tinh Provincial Police have just decided to initiate a criminal case and prosecute 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.
July 10, 2026 17:31
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...
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