(HBO) - In the first quarter of 2019, Hoa Binh’s State budget collection completed 22 percent of the year’s target, up 4 percent year-on-year.
The residential area project No.7 in Thinh Lang
ward of Hoa Binh city has helped create revenue from land use auctions for the
State budget.
Especially, the work made by the provincial Department
of Customs saw good results. The agency collected 69 billion VND in the first
three months of the year, equal to 53 percent of the plan set for the whole
year by the provincial People’s Council.
The department was requested to promote administrative reform and facilitate
enterprises’ operation to increase budget collection.
The province’s State budget collection is hoped to reach 4 trillion VND, up
about 200 billion VND compared to the target set in the resolution of the
provincial People’s Council.
The provincial Department of Finance has raise the
idea of accelerating the budget collection through implementing the two groups
of key solutions, striving to complete the budget revenue estimation in 2019
and the target of 5 trillion VND set in the resolution of the 16thprovincial Party Congress.
Attention will be paid to supporting enterprises in developing their production
and business.
Revenue will also be made from collecting land use fees and auctions. Compared
to other provinces, Hoa Binh’s revenue from land is very modest, reaching about
700 billion VND, only half of the land use fee of Son La province. If the
locality collects about 800 billion VND from land-related services and the
total revenue from districts and Hoa Binh city increases about 7 percent, it is
likely to realise the budget collection target of 5 trillion VND by 2020.
The provincial
People’s Committee has devised many measures to improve business environment and
overcome difficulties facing local enterprises’ production and business, as
well as support investors to soon put their projects into operation, towards
creating sustainable and stable revenue resources for the State budget. /.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
