Quang Ninh (VNA) –
The Taxation Department of the northeastern coastal province of Quang Ninh has
taken measures to deal with tax arrears of businesses in order to fulfil the state
budget collection target this year.
The department has assisted businesses,
specially the Vietnam National Coal-Mineral Industries Holding Corporation
Limited – a big contributor to the provincial budget – and enterprises located in
economic and industrial zones and put forth specific solutions to solve
corporate tax arrears.
Meanwhile, the Customs Department
has tightened post-customs clearance inspections and boosted the implementation
of automated customs clearance.
Quang Ninh’s total budget revenues
reached almost 29.4 trillion VND (1.29 billion USD) in the first 10 months of
this year, equal to 92 percent of the annual estimates or 94 percent of the
figure in the same period last year.
Of the total, domestic revenues
were valued at 21.1 trillion VND (931 million USD), equivalent to only 80
percent of the annual estimates.
Earlier, the province set a
target of 39 trillion VND (1.71 billion USD) in total state budget collection
in 2017, of which 29 trillion USD (1.27 billion USD) comes from domestic
resources.
Therefore, the province’s total
state budget revenues, especially domestic revenues, have yet to achieve growth
as the set targets.
Revenues failing to achieve
average growth rates include revenues from mining licence granting (1.6 trillion
VND or 54 percent of the annual estimates), import-export tax collection (8.1
trillion VND or 51 percent of the annual estimates) and from foreign-invested
enterprises (1.47 trillion VND or 68 percent of the annual estimates).
During the January-October period,
Quang Ninh province’s budget spending reached 12.7 trillion VND (558.8 million
USD), equivalent to 67 percent of the annual estimates. Of the total, 6.27
trillion VND was worth of development investment and 6.42 trillion VND was
regular expenses.
Quang Ninh’s economic growth in
the fourth quarter of 2017 is expected to reach 11.7 percent and 10.2 percent
for the whole year.
To achieve a growth rate of over 10 percent, Quang Ninh has devised numerous
measures, focusing on collecting local budget funds, controlling budget
spending, and reforming administrative procedures.
The locality will also work to remove difficulties for businesses and hasten
the construction of infrastructure projects at industrial and economic zones
and transport infrastructure facilities as well as create trust among investors
and people.
In the first nine months of this year, the province gained important outcomes
in various fields, with growth rising by 9.7 percent with the economic
structure shifting to services.
The business investment environment and competitiveness were improved, and
total social investment capital increased 9.5 percent.
The province launched the
Business Café programme, built a survey tool for social networking, and
establishing hotlines at all departments and sectors as well as organising
quarterly and monthly meetings with enterprises.
In 2017, Quang Ninh had an
initiative of implementing a social networking survey tool and building a
fanpage to update businesses’ reports on administrative procedures relating to
economic organisations.
The collection of opinions from
businesses through the social network has helped authorities have more
information to analyse and evaluate the business situation and build policies
suitable with the local conditions.
Furthermore, direct dialogues
between local leaders and entrepreneurs in the Business Café programme have
been conducted since 2016 to weather difficulties for businesses.-VNA