HANOI, July 16 (Xinhua) -- More than 1.04 quadrillion Vietnamese dong (40.9 billion U.S. dollars) was collected for the Vietnam's state budget in the first half of 2024, Vietnam News reported Tuesday, citing the Ministry of Finance.

The figure was equivalent to 61 percent of this year's target and up 17.7 percent from a year earlier, said the report.

The result was attributable to the effective implementation of support policies for people and enterprises, the positive H1 gross domestic product growth of 6.42 percent, and a six-month inflation rate of 4.08 percent with the core inflation rising only 2.75 percent year on year, according to the ministry.

Domestic revenue over the months surged 19.7 percent while the revenue from import-export activities increased 11.5 percent, reaching 68.4 percent of the whole year's estimate.

The Southeast Asian country set more than 1.7 quadrillion dong (nearly 69.8 billion dollars) for total state budget collection in 2024, according to the ministry. Enditem

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