(HBO) - According to the provincial Department of Taxation, the State budget collection in the first two months was estimated at 420 billion VND, reaching 10 percent of the estimate assigned by the government and 9 percent of the target set in the provincial People’s Council’s resolution, and equal to 96 percent of the collection in the same period last year.
The increase in
State budget collection helps promote socio-economic development. Photo:
A corner of Hoa Binh city.
Revenues from taxes and fees (excluding land use
fees) hit 350 billion VND (13 percent of assigned target, 12 percent of
provincial target and 84 percent of the figure for the same period last year).
Land use fees totaled 70 billion VND (5 percent of assigned target, 4 percent
of provincial target and 363 percent of the figure of the same period last
year).
Notably, 11 out of the 17 State budget revenue
sources showed increases this year, including land use fees (263 percent),
fixed revenues in communes (86 percent), fees from granting rights to mineral
exploitation (59 percent), non-agricultural land use tax (31 percent), lottery
(24 percent), personal income tax (11 percent), and environmental protection
tax (17 percent). Tax collection from local State-run businesses was up 100
percent.
The taxation department will propose measures to
the provincial People’s Committee on reforming mechanisms, policies and administrative
procedures to encourage and attract investment, develop business production,
promote economic growth, thus creating more revenue sources for the State
budget.
It will coordinate measures to implement more
effectively policies of the government and provincial People’s Committee on
stabilizing macro economy, increase support for businesses, promptly remove
their difficulties, and facilitate business and production activities.
The department will step up measures to prevent budget
collection loss, contributing to curbing inflation, maintaining macroeconomic
stability and ensuring social welfare. It will also push ahead with the
modernization of tax management alongside with administrative procedure reform.
In March, the taxation sector aims to collect
350 billion VND for the local State budget to increase the three-month revenue
to 770 billion VND, meeting 18 percent of assigned target, 16 percent of
provincial target and a year-on-year rise of 6 percent, according to Nguyen Anh
Tuan from the Taxation Department./.
After several unsuccessful attempts to raise pigs, buffaloes and cows, Nguyen Hong Minh who resides in Mui hamlet, Hoa Binh city’s Doc Lap commune decided to try breeding bamboo rat.
Chairman of the Hoa Binh People’s Committee Bui Van Khanh on February 2 held a Lunar New Year meeting with businesses, investors and cooperation in the locality. The event drew Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh; Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong; representatives from the Vietnam Association of Small and Medium-Sized Enterprises and the Vietnam Association of Young Entrepreneurs; as well as leaders of local departments, sectors and localities and 200 local businesses, cooperatives and investors in the locality.
Following the successes achieved in 2023, the local agricultural and rural development sector, localities and cooperatives are gearing up for first orders of the year, as part of their efforts to boost agricultural exports.
Most workers at enterprises in the northern province of Hoa Binh have turned to work just one week after the Tet (Lunar New Year) holiday.
The Hoa Binh Power Corporation (PC Hoa Binh) has directed its units to build plans as well as arrange resources to ensure stable electricity for local winter-spring crop production.
On February 28, the Department of Agriculture and Rural Development of Hoa Binh province coordinated with Minh Trung Vietnam Group joint Stock Company, Hoa Binh branch in Luong Son industrial park, Luong Son district organized a ceremony to export Bat Bao lotus porridge to the Japanese.