Hoa Binh’s State budget revenue hits 4 trillion VND

12/12/2019 - 3:34:33 PM

(HBO) - According to Hoa Binh’s Tax Department, by the end of 2019, the province has collected an estimated 4 trillion VND for the State budget, a 18 percent increase from a year earlier.

Auction of land use rights considerably contributes to the province’s State budget revenuethis year. The expanded Bac Tran Hung Dao project is underway in Hoa Binh city.

The figure is also 30 percent higher than the goal assigned by the Prime Minister and 5 percent higher than that set by the provincial People’s Council.

Of the amount, 3.75 trillion VND has been collected from domestic sources, up 16 percent year on year. It is 26 percent higher than the target set by the Prime Minister and 2 percent higher than that by the provincial People’s Council.

The remainder, 250 billion VND, has been from import and export activities, up 89 percent year on year. The sum surpassed the target set by the Prime Minister by 127 percent and that of the provincial People’s Council by 92 percent./.

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