Accordingly, in the first seven months of 2018, budget collection was estimated to have reached VND 128,794 billion, accounting for 59% against the yearly estimate and posting a year on year surge of 18.3%, in which, revenue from crude oil was estimated at VND 1,866 billion, reaching 99.8% over the estimate, up 37.5%.
Regarding total domestic revenue, the Central’s State-owned enterprise sector was estimated to collect VND 27.108 billion, accounting for 51.3% of the estimate, up 21.1%.
Meanwhile, local State-owned enterprises were estimated to collect VND 1,749 billion, accounting for 63.6% of the estimate, up 15.7%. Thereby, seven-month revenue touched VND 14,791 billion, accounting for 48.3% of the estimate, up 3.6%. Besides, the collection from lottery and non-state sectors rose by 27.4% and 24.5% respectively.
Credit growth rate touches 9.3%
The Ha Noi Statistics Office shows that the capital mobilization from credit institutions in the first seven months was estimated to fetch over VND 2.8 quadrillion, up 1.7% compared to the previous month and 8.2% compared to the end of last year. In which, the total deposit reached VND 2.7 quadrillion, accounting for 94.7% of the total mobilized capital, up 1.7% compared to the previous month and 8.5% compared to December, 2017; issuance of valuable papers reached VND 150 trillion, accounting for 5.3% of the total mobilized capital, up 1.2% and 2.6%.
Total credit balance in the city was estimated at over VND 1.7 quadrillion, up 1.8% compared to the previous month and 9.3% compared to the end of December, 2017, in which, outstanding loans reached over VND 1.5 quadrillion, accounting for 87.4%.
By the end of July, the overdue loan rate is expected to account for 2.6% of total outstanding loans.