Focus on year-end budget collection

Việt NamViệt Nam18/07/2024

In the first 6 months of the year, the total state budget revenue in the province reached 30,774 billion VND, equal to 58% of the central budget estimate, 55% of the provincial budget estimate, 105% of the 6-month scenario, and 106% compared to the same period in 2023. However, the collection progress in various sectors and fields is uneven, with many tax revenues not meeting expectations, putting pressure on the last months of the year.

Officers of Hoanh Mo Customs Branch supervise imported goods at the border gate.
Officers of the Hoanh Mo Border Gate Customs Branch (Binh Lieu District) supervise imported goods at the border gate.

In Resolution No. 185/NQ-HDND (dated December 9, 2023) of the Provincial People's Council on "Estimated state budget revenue, local budget expenditure, allocation of provincial budget expenditure estimates and mechanisms and measures for local budget management in 2024", it is determined that the total state budget revenue in 2024 in the province will reach VND 55,600 billion, equal to 104% of the central budget estimate, including: Domestic revenue of VND 42,600 billion, import-export revenue of VND 13,000 billion.

In order to ensure the target, the Provincial People's Committee issued Decision No. 3839/QD-UBND (dated December 12, 2023) on the allocation of the State budget revenue and local budget expenditure estimates in 2024; Plan No. 318/KH-UBND (dated December 27, 2023) on the economic growth scenario (GRDP) in 2024; Decision No. 399/QD-UBND (dated January 31, 2024) on a number of mechanisms and measures to manage the State budget in 2024; Decision No. 1444/QD-UBND (dated May 22, 2024) to establish a Working Group to urge, remove difficulties and obstacles, and promote State budget collection in 2024; Decision No. 1379/QD-UBND (dated May 13, 2024) to establish a Land Valuation Council.

The Provincial People's Committee directed departments, branches and localities to proactively follow the production and business situation of enterprises, advise and propose solutions to remove difficulties and obstacles; organize many tourism stimulus activities; review remaining revenue sources according to the direction of the Provincial People's Council.

Thanks to active and effective measures from the province to the grassroots level, by the end of the first 6 months of this year, the state budget revenue in Quang Ninh province is estimated at 30,774 billion VND, equal to 58% of the central budget estimate, 55% of the provincial budget estimate, 105% of the 6-month scenario, and 106% over the same period in 2023. Of which, domestic revenue is estimated at 21,324 billion VND, equal to 52% of the central budget estimate, 50% of the provincial budget estimate, 100% of the 6-month scenario, and 101% over the same period; revenue from import-export activities is estimated at 9,450 billion VND, equal to 76% of the central budget estimate, 73% of the provincial budget estimate, 119% of the 6-month scenario, and 121% over the same period.

12/16 revenue items achieved an average rate (50%), including tax and fee revenue; land use fee revenue alone only reached 21% of the annual plan. In particular, only 5/13 achieved an average rate of land use fee revenue, which is a major challenge for localities and requires timely solutions as this is the main resource for development investment spending.

Production of solar panel manufacturing equipment at Jinko Solar Factory 1 (Song Khoai Industrial Park, Quang Yen Town). Photo: Manh Truong
Production of solar panel manufacturing equipment at Jinko Solar 1 Factory (Song Khoai Industrial Park, Quang Yen Town).

With the current revenue results, from now until the end of the year, the whole province must collect at least 24,824 billion VND so that by the end of 2024, the total state budget revenue will not be lower than 55,600 billion VND, in accordance with the spirit of Resolution No. 20-NQ/TU (dated November 27, 2023) of the Provincial Party Committee and Resolution 185/NQ-HDND (dated December 9, 2023) of the Provincial People's Council. This is a large revenue, with many challenges in the last months of the year when on June 17, 2024, the Government issued Decree No. 64/ND-CP extending the deadline for payment of value added tax, corporate income tax, personal income tax and land rent in 2024.

Based on the assessment and analysis of advantages and difficulties in the province, the Provincial People's Committee directed the Provincial Tax Department, the Customs Department, and localities to proactively review and synchronously deploy solutions on revenue management according to the 7 plans of the Provincial People's Committee on strengthening tax management in all fields. Based on the results of monitoring the State budget revenue of the Provincial People's Council, promptly deploy solutions on budget revenue, ensuring correct, sufficient, and timely collection of taxes and fees.

Mr. Ha Van Truong, Director of the Provincial Tax Department, said: The unit assesses the impacts of the tax exemption and reduction policy according to Decree No. 64/ND-CP of the Government to have a plan to balance and collect appropriate compensation. In particular, focusing on taxes with good collection progress, such as revenue from foreign-invested enterprises, revenue from the non-state sector, personal income tax, revenue from fees and charges; revenue from projects with outstanding tax debts, tax incentives that have expired, newly-arising projects to promptly manage the collection of full taxes into the State budget; resolutely handle cases of tax evasion, tax fraud, and failure to fulfill tax payment obligations to the State budget.

Coal production and trading activities at Cua Ong Coal Selection Company.
Coal production and trading activities at Cua Ong Coal Selection Company.

Following the province's direction on removing difficulties in land use fee collection, the Department of Natural Resources and Environment - the assigned unit - is actively reviewing and completing documents and procedures according to regulations, submitting to competent authorities for approval of land prices to organize auctions, especially 6 feasible projects (Green Ha Long Project; Cemetery Park Area of ​​Dong Trieu Town, Quang Yen Town, Uong Bi City; Ocean Park Project; Nam Son Van Don Urban Area Project). The Department also focuses on handling and removing difficulties in hiring consultants, building land prices, auctioning, allocating land, implementing projects, promoting land use fee collection, and developing specific plans for land use fee collection of projects.

Faced with the shortage of land use fees, localities in the province are implementing solutions to ensure balanced capital sources for development investment expenditures; reviewing other legal capital sources from increased revenue and surplus to report to the People's Council at the same level for compensation; reviewing and cutting regular expenditures that are not really necessary to supplement public investment capital.


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