Current situation and solutions to accelerate the implementation of gas projects in Vietnam to effectively exploit domestic resources

2021 ◽  
Vol 11 ◽  
pp. 62-65
Author(s):  
Thi Dao Hoang ◽  
Van Thuan Doan

Ensuring the implementation progress of Vietnam's major gas projects (Block B, Ca Voi Xanh and Ken Bau) with early gas flow to the shore not only provides gas for power projects on time in accordance with the draft National Power Development Master Plan for the 2021 - 2030 period, with a vision to 2045 (draft Power Master Plan VIII), but also maintains the momentum of economic growth and increase revenues for the State budget. Vietnam needs solutions to accelerate the progress of projects to bring gas to shore to ensure energy security (meeting the increasing domestic gas demand), and to convert gas resources into national budget in the trend of energy transition and efficiency of investment capital (for projects having state-owned enterprise’s capital). The article analyses the fluctuation of State budget revenue when gas projects are slow to be put into operation, compares the national benefits of gas extraction projects with LNG import, and thereby recommends solutions to put gas projects into early operation.

2022 ◽  
Author(s):  
Dinh Thi Tuyet ◽  
Nguyen Thi Thu Thuy ◽  
Do Van Phuc ◽  
Nguyễn Thị Thanh Nhàn ◽  
Tran Viet Hoang

Tourism is a well-known economic sector that plays an important role in the economic, political, and social development, as well as the protection of natural resources and the environment. Tourism development will contribute to monetary restructuring, bring in national budget revenue, attract investment capital, and export local goods, all of which will have an impact on the development of related monetary sectors


Author(s):  
Nguyen Trong Vinh ◽  
Nguyen Cam Nhung

This research evaluates the efficiency of the state budget allocation in Vietnam in the period 2007-2016 by using econometric models of OLS, FEM, REM and FGLS. The estimated results from the model, together with the evaluation of the state budget allocation show that the budget allocation has achieved positive results, but the efficiency of budget allocation is still not high. Following this, the article gives some policy implications for Vietnam to effectively allocate the state budget in the near future.


2021 ◽  
Vol 1 (2) ◽  
pp. 22-35
Author(s):  
Anisa Ilmia

The economic growth of a country is strongly influenced by the availability of infrastructure that will support various economic activities. The need for the availability of funds and infrastructure development is a dilemma given the limited sources of state budget revenue. The issuance of Sovereign Sukuk (SBSN) is one of the government’s breakthrough to overcome this problem and is expected to be a solution option that can be used for infrastructure financing. This study aims to identify the development and contribution of Sovereign Sukuk (SBSN) for infrastructure development in Indonesia, include during the Covid-19 pandemic. From the results of data analysis using the library research method, its known that Sovereign Sukuk have a role as a source of APBN financing. The issuance of Sovereign Sukuk with various series of sukuk has contributed greatly to the develpoment of the various infrastructure projects in Indonesia. The total value of issuance and outstanding of Sovereign Sukuk also tends to increase every year which shows that Sovereign Sukuk is a financial instrument that is in demand by investors, both institutional investors and retail/individual investors because apart from being able to nvest, investors can also contribute to the country’s development.


Author(s):  
Carmen Mihaela Boteanu

This article describes how Romania has implemented a generous program for green energy development, which attracted so many investments that the target set for 2020 must have reached. This article presents a model for estimating the effect of governmental decisions on investments in renewable energy in Romania. This also reflects their influence on the state budget revenue generated from renewable energy producers and consumers, both households and industrial consumers. Results can be useful for the public sector involved in the production of green energy.


2020 ◽  
Vol 20 (4) ◽  
pp. 53-63
Author(s):  
Nikol Nevečeřalová

This contribution deals with the non-profit sector, where the author primarily mentions the differences between private and public non-profit organizations. The author will focus mainly on issues related with the funding of a non-governmental non-profit organization including their possible participation in the national budget of the Czech Republic. The author will also deal with the position of a non-governmental non-profit organization as a subject of law, which in the theory of financial law and specifically in the subsector of tax law “occupies” the position of a public benefit taxpayer [Law on income tax, Section 17a]. The main aim of the contribution is to use graphs and data to define which resources a non-governmental non-profit organization uses for its existence. In the last part of the article, the author using methods of comparison and deduction use states specific example of a non-governmental non-profit organization and its participation in the budget of the Czech Republic.


Tourism ◽  
2021 ◽  
Vol 69 (4) ◽  
pp. 611-629
Author(s):  
Robert Mikac ◽  
Karla Kravarščan

Tourism is an extremely important economic sector for the Republic of Croatia and an important component of certain economic and social activities, such as transport and business of travel agencies, trade, catering, agriculture, and numerous service activities. Many Croatian citizens are directly, indirectly, or partially employed in the said sectors. Many depend on it – from individuals, through various business entities and tourist destinations, to the state itself which generates almost 20 percent of the annual state budget revenue from tourism. Given the multilevel and multifunctional importance of tourism, it is important to research how it is organized for emergencies that can cause significant disruptions in the operation and revenue generation. The goal of this paper is to analyze how and how successfully the tourism sector coped with the COVID-19 pandemic and the resulting crisis, what crisis management mechanisms were developed and how they were used during 2020.


2018 ◽  
Vol 9 (3) ◽  
pp. 39-51
Author(s):  
Carmen Mihaela Boteanu

This article describes how Romania has implemented a generous program for green energy development, which attracted so many investments that the target set for 2020 must have reached. This article presents a model for estimating the effect of governmental decisions on investments in renewable energy in Romania. This also reflects their influence on the state budget revenue generated from renewable energy producers and consumers, both households and industrial consumers. Results can be useful for the public sector involved in the production of green energy.


2006 ◽  
Vol 7 (4) ◽  
pp. 201-211 ◽  
Author(s):  
Manuela Tvaronavičiene ◽  
Julija Michailova

Securities market has been influenced by entirety of factors, which roughly could be divided into various groups. In order to show complexity of phenomenon authors strive to overview theories of stock price behaviour. Taking into account, that various authors present rather controversial empirical evidences of certain factors impact on stock’ prices, authors of this paper try to test some relationships practically. Statistical analysis aiming to evaluate quantitatively the dependence of stock index on some chosen statistically measurable factors is being performed. For the latter purpose stock prices of Lithuanian companies and such macroeconomic variables as foreign direct investment, state budget revenue and expenditure, gross domestic product, price index of consumer goods and services, money in a broad sense, average profitability of governmental bonds and inflation have been employed.


Sign in / Sign up

Export Citation Format

Share Document