(HBO) – As tax is the main source of revenue for state and local budgets, authorities at all levels always give overriding priority to the prevention of tax revenue loss. This is a hard work that requires joint efforts.

Photo: Leaders of the People’s Committee and National Assembly
deputies of Hoa Binh inspect work of the one-door division at the province’s
taxation department.
Under
the direction of the Ministry of Finance, General Department of Taxation,
provincial Party Committee and People’s Committee, the province’s taxation
department has mapped out rational solutions to tax collection management and
tax loss prevention in parallel with popularising regulations on taxation and
supporting tax payers.
The province has renewed methods of popularisation like inviting newly
established businesses to tax agency to help them thoroughly grasp tax policies
and relevant administrative procedures. It has also joined hands with local
business associations to provide training on tax policies and accountancy
principles as well as organise conferences to honour standout tax payers. The "one-door”
mechanism has been maintained to instruct tax payers.
Inspection and settlement of violations have been paid due attention. From July
2013 to July 2017, the taxation agency gave punishment to 184 violating businesses.
Total collected tax arrears after inspections were 54.3 billion VND, reducing
125.2 billion VND in loss. As many 48.3 billion VND in tax and fine payment was
sent to the State budget.
Also in this period, the province’s taxation department examined 47,055 tax
declaration dossiers of 1,939 companies.
In 2017, the department inspected 43 business organisations and households and
gained total collected tax arrears and fine payment of 951 million NVD.
Thanks to the efforts to carry out tax policies and regulations, state budget
collection in the locality has seen significant improvements. In 2015, total
budget collection stood at 2.53 trillion VND, accounting for 112 percent of the
province’s set plan while the figures in 2016 and the first nine months of the
year were 3 trillion VND and 2.17 trillion VND, making up 104 percent and 72
percent of the local target./.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.