Finance - Banking

Hai Duong's domestic tax collection in January increased by 18.5%

PV February 5, 2025 10:00

According to the provincial Tax Department, in January, Hai Duong collected over 4,372 billion VND in domestic tax, continuing double-digit growth.

o-to-ford-1.jpg
In 2024, Ford Vietnam contributed more than VND 4,634 billion to the state budget in Hai Duong, the highest and accounting for 68% of the total 15 key enterprises of the province.

Specifically, in January 2025, the total domestic budget revenue of the whole province managed by the Hai Duong tax sector reached over 4,372 billion VND, equal to nearly 18.5% of the annual ordinance estimate and an increase of 18.5% compared to January 2024. However, this increase is quite low compared to the 53% increase in January 2024 compared to January 2023.

This year's domestic tax collection task is quite heavy when according to the detailed GRDP growth scenario, in 2025 Hai Duong strives to collect a state budget of VND 31,900 billion, an increase of about 4% compared to 2024 (according to data released by the Provincial Statistics Office, the province's state budget revenue in 2024 reached VND 30,774 billion). Of which, domestic budget revenue is VND 28,000 billion, an increase of 7.5% compared to 2024, exceeding the domestic revenue estimate for the whole year of 2025 by 18.2%.

xang-dau-5.jpg
Petroleum activities are the sector that pays the highest environmental protection tax.

Specifically, in the first quarter of 2025, Hai Duong strives to collect VND 9,375 billion in state budget revenue, of which domestic revenue is VND 8,400 billion, an increase of 30.2% over the same period in 2024.

In the second and third quarters of 2025, the province strives to collect VND 7,135 billion in state budget revenue per quarter, of which domestic revenue is VND 6,160 billion, up 1.6% and 6% respectively over the same period.

In the fourth quarter of 2025, the province aims to collect VND8,255 billion in state budget revenue, of which domestic revenue is VND7,280 billion, equivalent to the same period in 2024.

The detailed GRDP growth scenario also clearly states the main solutions and tasks of each department, branch, and locality to achieve the above budget revenue target. In particular, the Provincial Tax Department fully and promptly implements policies on tax, fee, charge, and land rent exemption, reduction, and extension to support people and businesses. Promote the electronic implementation of tax management and tax refunds in accordance with regulations; combat tax losses, resolutely collect tax arrears; ensure correct, sufficient, and timely collection, and maximize the exploitation of remaining revenue sources.

Coordinate with relevant agencies and units on automatic information exchange to serve global minimum tax collection, ensuring strict management of subjects subject to minimum tax according to regulations...

According to the Ministry of Finance, the world and regional economic and political situation is forecast to remain complicated and unpredictable. In the country, in addition to favorable factors, the economy still faces many difficulties and challenges, inflationary pressure, rising exchange rates, internal problems and natural disasters, epidemics, climate change, etc. These factors will greatly affect the implementation of socio-economic development and state finance-budget tasks in 2025.

PV
(0) Comments
Latest News
Hai Duong's domestic tax collection in January increased by 18.5%