(HBO) – As tax is the main source of revenue for state and local budgets, authorities at all levels always give overriding priority to the prevention of tax revenue loss. This is a hard work that requires joint efforts.

Photo: Leaders of the People’s Committee and National Assembly
deputies of Hoa Binh inspect work of the one-door division at the province’s
taxation department.
Under
the direction of the Ministry of Finance, General Department of Taxation,
provincial Party Committee and People’s Committee, the province’s taxation
department has mapped out rational solutions to tax collection management and
tax loss prevention in parallel with popularising regulations on taxation and
supporting tax payers.
The province has renewed methods of popularisation like inviting newly
established businesses to tax agency to help them thoroughly grasp tax policies
and relevant administrative procedures. It has also joined hands with local
business associations to provide training on tax policies and accountancy
principles as well as organise conferences to honour standout tax payers. The "one-door”
mechanism has been maintained to instruct tax payers.
Inspection and settlement of violations have been paid due attention. From July
2013 to July 2017, the taxation agency gave punishment to 184 violating businesses.
Total collected tax arrears after inspections were 54.3 billion VND, reducing
125.2 billion VND in loss. As many 48.3 billion VND in tax and fine payment was
sent to the State budget.
Also in this period, the province’s taxation department examined 47,055 tax
declaration dossiers of 1,939 companies.
In 2017, the department inspected 43 business organisations and households and
gained total collected tax arrears and fine payment of 951 million NVD.
Thanks to the efforts to carry out tax policies and regulations, state budget
collection in the locality has seen significant improvements. In 2015, total
budget collection stood at 2.53 trillion VND, accounting for 112 percent of the
province’s set plan while the figures in 2016 and the first nine months of the
year were 3 trillion VND and 2.17 trillion VND, making up 104 percent and 72
percent of the local target./.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.