(Illustrative photo: VNA) Hanoi (VNA) - The Hanoi StateTreasury must collect 1.3 trillion VND (around 55.5 million USD) per day forthe budge to fulfill the target set for the whole year, said its director DaoThai Phuc at a recent meeting.
The capital city of Hanoi targetedcollection of 238.37 trillion VND (10.2 billion USD) in 2018, a year-on-yearincrease of 17 percent.
However, according to the Hanoi State Treasury,the total state budget collection through the Hanoi State Treasury was 161.45trillion VND (6.91 billion USD) as of October 13, accounting for 67.7 percentof the year’s plan. The budget spending through the Hanoi State Treasury was 79.76trillion VND (3.41 billion USD).
The Hanoi State Treasury had put forward anumber of measures to complete the budget collection, such as co-ordinatingclosely with the city’s tax department and customs department to speed up thecollection for the State budget and continuing to urge payment, Phuc said.
In terms of State budget spending, the HanoiState Treasury would actively co-ordinate with investors to remove obstaclesand complete procedures for payment to accelerate the disbursement process ofinvestment projects and reach the central and local target programmes, he said.
Ta Anh Tuan, General Director of the VietnamState Treasury, asked the Hanoi State Treasury to boost administrative reformsand expand, modernise and digitise the collection points.
Speaking at the meeting, Nguyen Duc Chung, Chairmanof the Hanoi’s People’s Committee, said that some collection sources in thearea was were becoming less lucrative as export-import tariff lines were cut.
He demanded the sectors of treasury, taxation,finance, planning and investment of the city co-ordinate smoothly in theprocess of budget collection.
Chung also asked the mentioned branches to boostthe application of information technology, towards digitising documents toreduce procedures for agencies and enterprises.
The chairman of the Hanoi’s People’s Committeealso suggested the capital city’s State Treasury coordinate with the relevantagencies to pilot collection using scratchcards to help people, enterprises andorganisations reduce time and effort when paying the State budget.-VNA
The capital city of Hanoi targetedcollection of 238.37 trillion VND (10.2 billion USD) in 2018, a year-on-yearincrease of 17 percent.
However, according to the Hanoi State Treasury,the total state budget collection through the Hanoi State Treasury was 161.45trillion VND (6.91 billion USD) as of October 13, accounting for 67.7 percentof the year’s plan. The budget spending through the Hanoi State Treasury was 79.76trillion VND (3.41 billion USD).
The Hanoi State Treasury had put forward anumber of measures to complete the budget collection, such as co-ordinatingclosely with the city’s tax department and customs department to speed up thecollection for the State budget and continuing to urge payment, Phuc said.
In terms of State budget spending, the HanoiState Treasury would actively co-ordinate with investors to remove obstaclesand complete procedures for payment to accelerate the disbursement process ofinvestment projects and reach the central and local target programmes, he said.
Ta Anh Tuan, General Director of the VietnamState Treasury, asked the Hanoi State Treasury to boost administrative reformsand expand, modernise and digitise the collection points.
Speaking at the meeting, Nguyen Duc Chung, Chairmanof the Hanoi’s People’s Committee, said that some collection sources in thearea was were becoming less lucrative as export-import tariff lines were cut.
He demanded the sectors of treasury, taxation,finance, planning and investment of the city co-ordinate smoothly in theprocess of budget collection.
Chung also asked the mentioned branches to boostthe application of information technology, towards digitising documents toreduce procedures for agencies and enterprises.
The chairman of the Hanoi’s People’s Committeealso suggested the capital city’s State Treasury coordinate with the relevantagencies to pilot collection using scratchcards to help people, enterprises andorganisations reduce time and effort when paying the State budget.-VNA
VNA
