(HBO) - Hoa Binh province is making efforts to realise its State budget collection target for 2020, 5 trillion VND (216 million USD), which is one of the important objectives set in the resolution of the 16th provincial Party Congress.

The single-window section of the provincial Department of Taxation has created favourable conditions for payers to handle procedures.

According to the provincial People’s Committee, Hoa Binh has recorded positive results in the collection of the State budget despite inflation and economic recession’s impact, production and business difficulties, limited investment resources, and the flat property market.

In the first nine months of 2019, the State budget revenue approximated 2.48 trillion VND, equivalent to 80 percent of the target set for Hoa Binh by the Prime Minister and 65 percent of the target set by the provincial People’s Council. The figure grew 10 percent from a year earlier. It consists of nearly 2.29 trillion VND collected from domestic sources, up 3 percent, and 190.48 billion VND from export-import activities, equivalent to 344 percent of that in the same period last year.

Thanks to many concerted solutions, the revenue this year is predicted to hit 4 trillion VND, including 3.81 trillion VND from domestic sources, which will create a driving force for the achievement of the 5-trillion-VND target for 2020.

Over the past years, although budget collection has increased, the annual growth rate is still lower than the target of 17 percent set in the resolution of the 16th provincial Party Congress. The Standing Board of the provincial Party Committee said the revenue target for 2020 is currently one of the five difficult to be achieved.

Recently, the provincial Party Committee issued a plan for realising these five objectives. In terms of the budget revenue target, it assigned the Party unit of the Hoa Binh People’s Committee with instructing the provincial People’s Committee to direct relevant departments and agencies to better carry out Action Programme No. 13, issued on July 19, 2017, by the provincial Party Committee on the implementation of the Politburo’s resolution on policies and solutions to restructure the State budget and public debt management to ensure the safety and sustainability of the national finance.

Relevant agencies were requested to better carry out the plan on creating revenue sources and enhancing the management of the State budget collection in Hoa Binh through 2020, promote the collection from taxes and fees, and pay attention to revenue sources from land and natural resources exploitation.

They were also told to create favourable conditions for tax payers; strictly deal with violations of budget collection regulations; step up the attraction of investment, especially projects that can generate big revenue for the State budget; and accelerate administrative procedures for property projects to create more revenue sources from land. Additionally, it is necessary to zone suitable areas for service, trading and housing purposes while resolutely revoking land from sluggish projects to hand over to capable investors./.


Related Topics

Waking Mai Chau up

(HBO) - Mai Chau is the only locality in the province that has identified the development of community tourism associated with the new rural construction as a theme throughout the two terms of district’s Party Congress. This shows the high political determination of the entire Party, government and people on the new development path, aiming to become a high-quality community tourism associated with the construction of the most typical new urban area in the whole province. After 10 years of turning determination into action, the desire to awaken Mai Chau is gradually realizing.

Hoa Binh applies hi-tech for boosting agricultural production

(HBO) - In 2019, Hoa Binh province’s Department of Agriculture and Rural Development and Department of Science and Technology joined hands in carrying out a number of projects which involve the application of advanced technology.

Nearly 201,800 dispersed trees and fruit trees of all kinds planted

(HBO) - In 2020, Hoa Binh province plans to plant 150,000 dispersed trees of all kinds and 5,650 ha of concentrated forests. To that end, right after the Lunar New Year, many agencies, units, schools, armed forces in districts and Hoa Binh city have actively responded to the New Year tree planting movement and the province’s afforestation plan in 2020.

Measures sought to improve investment and business environment, PCI

(HBO) - A meeting of the Steering Committee for improving investment and business environment and provincial competitiveness index (PCI) of Hoa Binh province was held on March 10 under the chair of Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh.

Provincial leader holds working session with Hoa Binh city’s authorities

(HBO) – Vice Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh held a working session with leaders of Hoa Binh city on March 5 to review socio-economic performance during 2019 and the first two months of this year, and discuss key tasks for the near future.

Cao Phong district’s youth union launches youth month

(HBO) - The Ho Chi Minh Communist Youth Union (HCYU) of Cao Phong district in the northern province of Hoa Binh on May 5 launched the youth month under the theme of "Voluntary and creative young people for the community” in Hop Phong commune as part of activities to celebrate the 89th founding anniversary of the HCYU (March 26).