(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./.
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.
