Hanoi and Ho Chi Minh City reported a total State budget collection of over VND480 trillion (US$20.64 billion) in the January-October period, equivalent to 80% of the year's estimate.
Vietnam has collected
VND158 trillion from import-export activities by October 15.
In the 10-month period, the capital of Hanoi was estimated to collect over VND174.8
trillion worth of State budget revenue, reaching 80.1% of the year's target and
up 12.4% over the same period last year.
Meanwhile, Ho Chi Minh City posted over VND305.1
trillion in State budget collection, equivalent to 81% of the target set for
the whole 2018 and up 9.5% over the corresponding period in 2018.
Both Hanoi
and Ho Chi Minh City
saw increases in domestic collection and crude oil, while revenue from import
and export activities went down over the same period last year.
According to the General Statistics Office,
Vietnam had collected VND1,009 trillion worth of State budget by October 15,
equal to 76.5% of the year's estimate including VND798.5 trillion worth of
domestic collection, VND48.5 trillion from crude oil, and VND158 trillion from
import-export activities.
Source: NDO
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
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.
