The Mekong Delta city of Can Tho collected about 5.13 trillion VND (220.3 million USD) of tax in the first half of 2018, up 9.9 percent year-on-year and meeting 51.08 percent of the projected target (Illustrative photo: dautuchungkhoan.vn)Can Tho (VNA) – The Mekong Deltacity of Can Tho collected about 5.13 trillion VND (220.3 million USD) of tax inthe first half of 2018, up 9.9 percent year-on-year and meeting 51.08 percentof the projected target.
As of June 2018, nine among 14 sources ofthe city’s tax revenues hit at least 50 percent of the year’s estimate.Meanwhile, tax collections from foreign-invested and non-State firms were thelowest at 30.99 percent and 40.61 percent, respectively.
The sector will strengthen administrationreforms this year to support tax-payers, said head of the city’s Tax DepartmentVo Kim Hoang.
Vice Chairman of the municipal People’sCommittee Nguyen Thanh Dung noted that since the beginning of this year, thecity has held meetings and dialogues with local businesses to address their difficulties.
Local authorities have paid attention tobuilding a clear, transparent and attractive business environment which in turncreates optimal conditions for investors and firms’ operation, as well asimprove investment climate and competitiveness, he added.
Can Tho has seen robust growth in manyareas. Notably, by the end of July, retail sales and services revenue of thecity increased 11 percent against the same period last year, Dung said.-VNA
