The Hoa Binh Steering Committee for State Budget Collection on August 15 held a conference to assess the results of state budget revenue between January and July. The conference was chaired by vice chairman of the provincial People's Committee and head of the Steering Committee Quach Tat Liem.


Vice Chairman of the provincial People's Committee Quach Tat Liem delivers a speech concluding the conference. 

According to a report delivered at the conference, by July 31, the province’s total state budget revenue reached nearly 3.69 trillion VND (148.07 million USD), achieving 64% of the target set by the provincial People's Council. Specifically, revenue from import-export activities was about 253 billion VND, accounting for 97.3% of its target. Domestic revenue was approximately 3.43 trillion VND, or 62.5% of its target, up 77.2% year-on-year. 

Of the domestic revenue, tax and fee collections amounted to over 2.07 trillion VND, accounting for 59.4% of the assigned target and marking an increase of 14.4% over the same period last year. Notably, land use fees collected surpassed 1.35 trillion VND, achieving 67.8% of the target and representing an 11-fold annual increase. 

By now, the local total tax debt stood at around 3.96 trillion VND, of which land use fees amounted to nearly 2.12 trillion VND, 72% higher than the target. 

Participants of the conference said the biggest challenge is the collection of land use fees at the district and city level. At present, total land use fees collected in these areas have only fulfilled 238 billion VND out of the required 700 billion VND, equivalent to 34% of the target. The primary reasons include unsuccessful land use rights auctions in the implementation of public asset auctions under Government Decree No. 167 on tackling asset-related procedural obstacles. 

Speaking at the conference, Liem emphasised the need for a close cooperation between departments and agencies to thoroughly review and manage tax and fee collections, particularly resources and mineral exploitation taxes, to ensure accurate calculation and prevent losses. 

Regarding land use fees, the official urged departments and localities involved to review the 2024 revenue list, expedite the collection of outstanding debts, and quickly determine the fees for projects that have already been allocated land. Additionally, a review of commercial housing projects was called for to develop specific revenue plans for each year.

Related Topics


1.5 tonnes of fries released to regenerate aquatic resources in Hoa Binh Lake

The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).

Hoa Binh leader meets Indian Ambassador

On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.

Conference looks to promote Hoa Binh – India cooperation

Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.

Cao Phong promotes great national unity strength in building new life

In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.

Yen Thuy moves to boost export of shallot products

From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.