(HBO) – The People’s Council of Hoa Binh province has set a target of collecting 5.07 trillion for the State budget in 2021, up 23 percent year-on-year. Of the sum, domestic revenue is hoped to reach 4.82 trillion VND and the remainder of 250 billion VND comes from exports.
The provincial Party Committee and provincial People’s Committee are drastically
instructing relevant agencies and relevant sectors to strengthen management and
well exploit sources of revenues, especially revenues from land auctions, and
speed up the collection of tax arrears with the aim of completing 50 percent of
the State budget collection estimate for the whole year.
Luong Son district actively exploits revenues
from auctions of land use rights. Photo:
The district completes land clearance for land use right auctions in Dong Tien
hamlet, Xuan Vinh commune.
Localities such as Hoa Binh city
and Luong Son district have coordinated with relevant agencies to create
revenues from land. The provincial Customs Sub-department has speeding up the
reform of administrative procedures to shorten the time and costs for
enterprises, facilitating their tax payment.
The State budget revenue of Hoa Binh in the first quarter of 2021 increased by
71 percent compared to the same period last year.
To complete the State budget collection task in 2021, the
provincial Party Committee and People’s Committee are focusing on directing relevant
sectors to strengthen coordination and synchronously implement solutions in
accordance with the provincial People's Committee’s Directive No.03 on major
tasks and measures to fulfill socio-economic development plans and State budget
estimates in 2021.
The locality is striving to complete 50 percent of the State budget revenue target
of 2021 in the first six months of the year.
Attention will be paid to removing difficulties for production and business activities,
improving the investment environment of the locality, and facilitating
investment projects towards creating sustainable State budget revenues./.
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.
.jpg)
