Hanoi, Oct. 17 -- Addressing the second session of the 16th National Assembly, Prime Minister Le said that State budget revenue for the whole year is estimated at VND 3.06 quadrillion (US$118.17 billion), up 14 percent.

Total value of tax exemptions, reductions, and deferrals is expected to reach approximately VND 360 trillion.

By the end of this year, public debt is estimated at approximately 33-34 percent of GDP; government debt at 32-33 percent of GDP; and foreign debt at 28-29 percent of GDP. The budget deficit would reach around 4.1 percent of GDP.

For 2027, the Government has set the GDP growth goal of over 10 percent while GDP per capita is projected to increase to US$6,100.

The Government also targets to keep CPI below 4.5 per...