(HBO) - The Taxation Department of Hoa Binh province held a conference to honour 72 organisations and individuals who have well implemented tax policies and laws in 2017. Vice Chairman of the provincial People’s Committee Bui Van Khanh attended the event.
Vice Chairman of the provincial People’s Committee Bui Van Khanh
presents certificates of merit of the Ministry of Finance to representatives
from enterprises that exemplarily performed tax obligation in 2017.
In 2017, thanks to great efforts of all
the sectors, the province’s budget revenue successfully reached the target of
over 3 trillion VND, achieving 117 percent of the sum assigned by the
Government.
According to the provincial Taxation Department, the positive result is
attributed to great contributions of local enterprises which overcame
difficulties and challenges, and made every effort to promote their production
and business, thus bringing about economic efficiency.
Local businesses have good performance of
tax obligations, contributing to maintaining steady growth of the annual State
budget collection.
Of the 72 organisations and individuals honoured at the event, two enterprises were awarded certificates of merit by the Minister of Finance; and four by
the Chairman of the provincial People's Committee.
In addition, dozens of enterprises and business households were presented with
certificates of merit by the General Director of the General Department of
Taxation and the local Taxation Department.
The Hoa Binh Hydroelectric Company is the
most prominent enterprise in implementing tax obligations in 2017. The firm
contributed 1.36 trillion billion VND to the State budget, accounting for 44.4
percent of the province's total budget revenue in the year.
Other enterprises with great contributions
to the province’s budget revenue were Hoa Binh petroleum branch; Phuong Hoang
Golf Course Co., Ltd; Doosung Tech Vietnam Co., Ltd; Japfa Comfeed Vietnam Co.,
Ltd; Vinh Son Cement Co., Ltd; Vinconex Water Supply JSC; An Tinh Hoa Binh JSC;
and Son Thuy JSC.
Speaking at the conference, Vice Chairman
of the provincial People’s Committee Bui Van Khanh praised local enterprises
and business households in performing tax policies and laws, saying that they
made significant contributions to the State budget in 2017.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.