The domestic revenue hit 8,346 billion VND, representing 66.5 percent of the yearly target and up 23.9 percent. The export duty collection gained 1,040 billion VND, up 16.8 percent and accounting for 61.1 percent of the estimation.

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To date, 8 out of 10 districts and city have collected over 50 percent of the yearly estimation, including Yen The, Yen Dung, Viet Yen, Tan Yen, Luc Nam, Hiep Hoa, Son Dong and Bac Giang city.

The above result was gained thanks to synchronous and drastic implementation of budget collection so as to ensure properly and timely collect the amounts as well as various solutions applied to support businesses and taxpayers due to Covid-19 pandemic

To further increase the budget collection, in the upcoming time, Bac Giang province will synchronously conduct measures to control the tax in which enhances inspection to prevent tax loss, tax evasion; boosts up management of tax arrears, communication work to support taxpayers in every stage by renovating methods, diversifying the development and propaganda, concentrating on effectiveness and quality of communication task as well as assistance to best serve the taxpayers.

Q1 personal income tax collection up 20 percent

First quarter personal income tax collection grew 20 percent year-on-year to VND50.7 trillion ($2.22 billion), achieving 43 percent of the year’s target, the General Department of Taxation says.

Environment tax reduction on fuels to come into life from April 1

Environmental protection tax rates on fuels will be reduced from April 1 under the National Assembly (NA) Standing Committee’s resolution recently signed off by NA Chairman Vuong Dinh Hue.

Bac Giang to apply e-invoice for tax payers since April 1

(BGO) - Under the direction of the Government and Ministry of Finance on applying electronic invoice (e-invoice) for enterprises, economic organizations, household businesses and individuals in 57centrally-run provinces and cities from April this year, the taxation department of Bac Giang province is paying attention to implementation of this task.

Lawmakers approve environmental tax cut on gasoline

The Standing Committee of the National Assembly Wednesday approved a government proposal to cut environmental tax on gasoline by half as prices surge.

Dialogue seeks to settle businesses' obstacles related to tax policies

The Ministry of Finance (MoF) recently held a dialogue on tax and customs policies with the Republic of Korea (RoK)’s firms in both in-person and virtual forms.