(HBO) – Minister of Finance Dinh Tien Dung had a working session with authorities from the northern province of Hoa Binh to review the local socio-economic performance, finance-budget work, and prevention of trade fraud in 2017 and set new tasks for 2018.

Local leaders include Secretary of the provincial Party Committee Bui Van Tinh, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang.



Minister of Finance Dinh Tien Dung speaks at the working session



Secretary of the provincial Party’s Committee Bui Van Tinh at the working session with the Ministry of Finance

Senior officials from Hoa Binh province proposed the Ministry of Finance soon promulgate a circular guiding the settlement of public assets; allow Hoa Binh hydropower company to enjoy 100 percent of water resources tax; supplement capital for the money printing factory project; support local budget for helping residents in the area of Hoa Binh lake; implement urgent projects to address landslides in Hoa Binh city and remove households in affected areas to safer areas; and support the locality to soon start the construction of Hoa Binh bridge with total investment of nearly 750 billion VND.

Concluding the event, Minister of Finance Dinh Tien Dung asked the province to push ahead with coordination with the ministry to implement synchronous measures to restructure State budget, ensure public debt safety, and prevent trade fraud. The minister acknowledged the provincial recommendations and promised to have specific policies for hydropower plants’ water resources tax, incentives for specialised businesses, and support for households and small-and medium-sized enterprises to boost production and trade.



Bao Viet Group under the Ministry of Finance aided 500 million VND to rebuild schools at Giap Dat secondary school (Da Bac).

Regarding landslides in some areas, the minister asked to soon arrange financial resources to deal with this prolonged risk and stabilise lives of people in the area of Hoa Binh lake. He voiced his support for the investment for the construction of Hoa Binh bridge, but it must follow a roadmap and refer to opinions of the Ministry of Planning and Investment and the Ministry of Transport.


On the occasion, the ministry’s Bao Viet Group provided 500 million VND for the province to rebuild schools at Giap Dat secondary school (Da Bac) affected by floods./.

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