(HBO) – Lac Thuy district has taken various measures to boost State budget revenue over the last 10 months.
Lac Thuy Garment JSC is among the district’s best performers in fulfilling tax obligations.
The Tax Department of the Kim Boi – Lac Thuy area has instructed local State budget spenders to make budget estimates and strengthened the financial inspection and management as well as evaluation of the implementation of tax and financial regimes.
Thanks to such efforts, the district’s total State budget revenue in the first 10 months reached nearly 112 billion VND, fulfilling about 97 percent of the plan set by the provincial People's Committee, and 70 percent higher than the same period last year.
Its budget collection totalled 407 million VND during the period, equivalent to 79 percent of the target set by the provincial People's Committee, while it spending was 404 billion VND, or 78.5 percent of the estimate. Part of the budget has been allocated to the district’s COVID-19 response efforts.
In the coming time, the district will accelerate communication campaigns and take solutions to prevent revenue loss, striving to complete the provincial budget goal this year./.
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.
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