Innovating the State Budget Revolution Structure in Vietnam Sustainable Direction

Vương Thị Thu Hiền

(Academy of Finance, Vietnam) 

Abstract: The structure of state budget revenue in Vietnam over the past time has had positive changes, the scale of the state budget has increasingly expanded. The policy of encouraging the state budget continued to be completed, rationally and timely mobilizing resources from production, natural resources, and land. However, there are many challenges in the structure of state budget revenues. The structure of state budget revenue has not been completely sustainable, the implementation of tax reduction in accordance with integration commitments puts considerable pressure on future state budget revenues. The rate of state budget collection gradually decreased, due to low economic efficiency. State budget revenue has not really originated from production - business results or economic restructuring. There exist unstable revenues such as revenue from crude oil or from the land ...From the results of qualitative analysis, the article has proposed some solutions to renovate the structure of state budget revenue in Vietnam in a sustainable manner. Besides solutions to complete tax policy and modernize tax administration, other solutions such as reforming economic structure, improving the efficiency of management and use of public assets, paying more attention to nourishing revenues and improving the efficiency of the budget stabilizing system… These are important solutions to a sustainable revenue structure.

Key words: renew; state budget; tax; structure of budget revenue; sustainability

JEL code: G380