Hanoi aims to collect over 218 trillion VND for State budget in 2018
Hanoi aims to collect 218.27 trillion VND (9.6 billion USD) for the State budget in 2018, a rise of 20 percent against the previous year, according to the Hanoi Taxation Department.
Hanoi aims to collect 218.27 trillion VND for the State budget in 2018. (Photo: VNA)
Hanoi (VNA) – Hanoi aims to collect218.27 trillion VND (9.6 billion USD) for the State budget in 2018, a rise of20 percent against the previous year, according to the Hanoi TaxationDepartment.
Nguyen The Manh, deputy head of the General Department of Taxation and Directorof the Hanoi Taxation Department, said to achieve the 2018 target, themunicipal Taxation Department has rolled out five groups of solutions, focusingon administrative reform and tax management modernisation.
Besides, efforts will be channeled into communication work, the removal ofdifficulties facing businesses and inspection activities to prevent losses and settletax debts, he said.
Chairman of the municipal People’s Committee Nguyen Duc Chung has asked thetaxation sector to cut the time of filing tax and facilitate tax payment forbusinesses.
As of 12am on December 31, 2017, the Hanoi Taxation Department collected morethan 190.85 trillion VND (8.4 billion USD), completing 101.7 percent of the yearlyestimate and up 17 percent year-on-year.-VNA
The total State budget collection hit upwards 623.2 trillion VND (27 billion USD) in the first eight months this year, meeting 64.4 percent of the yearly estimate and rising by 10.8 percent annually.
State budget collection in January-September increased 13.9 percent year on year to reach 843 trillion VND (37.1 billion USD), equal to 69.5 percent of the estimate, according to the Ministry of Finance (MoF).
The National Assembly adopted the Resolution on State budget estimate for 2018 during its ongoing fourth session in Hanoi on November 13 with 86.56 percent of approval
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Hanoi aims to collect 218.27 trillion VND for the State budget in 2018. (Photo: VNA) 
