HBO – Hoa Binh province’s Taxation Department on January 3 held a conference to review taxation work and set forth tasks and measures for 2019. Attending the event were Vice Chairman of the provincial People’s Committee Bui Van Khanh, leaders of the General Department of Taxation, and representatives from local departments and sectors.

According to a report, as of December 31, 2018, the province’s total State budget collection was 3.24 trillion VND, of which 2.79 trillion VND was collected from taxes and fees, and nearly 500 billion VND from land use.

 At the conference, delegates assessed factors affecting State budget collection related to socio-economic affairs as well as mechanisms and policies. The local socio-economic situation remained stable in 2018, with economic growth estimated at 8.36 percent. Industrial and handicraft production, trade and services all experienced growth. Investment promotion received special attention. To date, Hoa Binh attracted 544 projects, including 37 FDI ones worth over 500 million USD and 507 domestic-invested ones totaling 64.8 trillion VND.

 At the event, with their outstanding achievements in financial work in recent years, 65 collectives and individuals of the local taxation sector were honoured with certificates of merits, insignias and emulation fighter title by the Finance Ministry and the provincial People’s Committee. Notably, one individual received the State President’s Labour Order, third class.


 Vice Chairman of the provincial People’s Committee Bui Van Khanh grants certificates of merits to outstanding individuals of the taxation sector.

 The provincial People’s Council assigned the taxation to collect 3.68 trillion VND for the State budget in 2019, up 13.5 percent year-on-year./.

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