Thus, the total domestic budget revenue hit 2,172 billion VND (95.1 million USD) in the first two months of this year, representing 0.3 percent year on year increase and 17.3 percent of the yearly estimation.

The production line at Siflex Vietnam Company Limited in Quang Chau industrial park.

Five out of 16 collections exceeded the same figure last year from ten to over 63 percent, such as land use fee, land leasing fee, mineral exploitation charge, water surface renting charge, and registration duty among others.

The result was gained thanks to the active participation of taxation sector and competent agencies to review, collect the due tax amount.

This year, the taxation sector was assigned to collect more than 12.5 trillion VND. To complete the plan, the provincial Taxation Department has highly focused on directing the functional divisions and taxation division at each region to review, expedite the tax payers to correctly fulfil the obligation as regulation.

Meanwhile, the sector has urged to collect the debt, enhance taxation inspection and management over trading activities for construction material station, mining, transferring of properties to prevent budget revenue loss.

Bac Giang: State budget collection exceeds 65 percent of yearly estimate

(BGO) – Amid the impact of Covid-19 pandemic, the state budget collection in Bac Giang province is expected to gain 15.7 trillion VND (682 million USD) this year, representing 27 percent year on year increase and exceeding over 65 percent of the yearly estimate, reported the provincial competent force.

Bac Giang exceeds yearly domestic budget collection

(BGO) – Amid severe impacts by Covid-19 pandemic, the northern province of Bac Giang has gained impressive budget collection. By October, the provincial budget collection exceeded the yearly estimate.

Imports-exports contribute VND285.62 trillion to State budget

State budget collection from import-export activities reached VND85.62 trillion (US$12.53 billion) in the first nine months of this year, equivalent to 90.6% of the estimate and a year-on-year rise of 25.83%.

State budget collection up 15.6% in seven months

Total state budget revenue reached VND912.1 trillion (US$39.74 billion) in the first seven months of 2021, equalling 67.9% of the estimate and up 15.6% year-on-year, announced the Ministry of Finance.