Illustrative image (Source: VNA)LongAn (VNA) - Long An province led localitiesin the Mekong Delta region in budget collection in 2018, which hit over 13.8trillion VND (over 595 million USD), 3.8 trillion VND higher than the targetset for the year.
According to the provincial People’s Committee, the province’s domesticcollection reached 11.9 trillion VND while import-export activities contributed1.95 trillion VND to the budget.
However, many sectors’ collection failed to reach their estimates, even lowerthan those of the previous year.
Collection from State-owned and foreign-invested enterprises was 365billion VND and 1.55 trillion VND, equivalent to 88 percent and 67.4 percent ofthe estimates, respectively.
Long An sets to collect over 13.74 trillion VND for the State budget in 2019,up 60 billion VND compared to the target assigned by the Government.
To fulfill the goal, the provincial People’s Committee asked departments,sectors and localities to focus on implementing synchronous and effectivesolutions for budget collection, while intensifying collection management; steppingup tax inspection to combat tax losses, transfer pricing, tax evasion; and resolutelyhandling tax arrears.
Attention will be paid to fostering investment promotion activities,facilitating investment and business of enterprises through removing barriers andunreasonable business and investment conditions that obstruct firms’ operation.
Besides, the locality will also accelerate the rearrangement of organisationand management apparatuses and improve the quality and effectiveness of public agencies,speed up the State capital divestment, aswell as promptly and strictly handle violations related to financialaccounting and reporting.-VNA
VNA
