(HBO) - From the beginning of the year until now, Hoa Binh City Party Committee and People's Committee have intensified their direction of the management of state budget collection and spending to ensure the work is carried out in compliance with current regulations.
The housing project
Vinh Ha (Dong Tien ward - Hoa Binh city) has been implemented and has
contributed to the State budget revenue. (Photo)
At the same time, the city administration has
focused on attracting investment capital sources to create sustainable sources
for budget revenues. Accordingly, in the past 7 months, the city collected
291.63 billion VND for the state budget, equalling 54.49 percent of the target.
In which, land use fees contributed 40.5 billion VND; and revenues from taxes,
fees and implementation fees reached 251.1 billion VND, or 81.54 percent of the
amount assigned by the provincial administration and 80.97 percent of the
city's target. In addition, localities in the city collected 660.7 billion VND,
equaling 71.1 percent of the amount assigned by the province and 66.7 percent of
the city's target.
Currently, the city is focusing its direction on
accelerating the collection of tax from the auction of land use rights, fees,
charges, and taxes on housing and land; effectively implementing the auction of
land use rights in order to ensure the target for revenues from land use
fees./.
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.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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