(HBO) – Land use levy accounts for the lion’s share of Hoa Binh province’s state budget revenue for years. The money has been used to develop local infrastructure, creating a momentum for socio-economic development.
Revenue from land auction is invested in developing the central area of Quynh Lam ward, Hoa Binh city.
In recent years, competent sectors and departments in Hoa Binh city have paid special attention to the collection of land use levy. Right from the outset of the year, the taxation bureau has joined hands with relevant authorities, districts and city to manage this source of revenue.
This year, the taxation bureau of Hoa Binh is assigned by the Government to collect 1.5 trillion VND (65 million USD) in land use levy. Meanwhile, the figure set by the provincial People’s Council was 1.7 trillion VND.
With 101 projects operating in the locality, Hoa Binh projects to gain more than 4.4 trillion VND from land use levy.
According to Nguyen Anh Tuan, deputy head of the province’s taxation bureau, as of April 30, domestic collection was over 1.14 trillion VND, accounting for 27.6 percent of the yearly estimate approved by the National Assembly, 23.8 percent of estimate adopted by the provincial People’s Council, and 121.3 percent of the figure recorded in the same time last year.
In May, the province gained some 52.3 billion VND from land use levy, or 304 percent of the figure documented in the same time in 2020./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
