Land revenue growth
According to the Tax Department of Region XV, the total state budget revenue of districts, towns and cities reached 1,647 billion VND, reaching 44.9% of the estimate, a slight increase of 2% over the same period. The positive results were achieved thanks to the close direction of local authorities and the drastic participation of the tax sector in revenue management.
Tax Department of Region XV works with Bac Binh District People's Committee to boost budget collection.
One of the highlights in budget collection that helps localities achieve high progress is the focus on effectively exploiting land revenue. Total land use fee revenue at district level in 4 months reached 332 billion VND, equal to 51.18% of the estimate and increased sharply by 85.25% over the same period. Localities such as Duc Linh and Phu Quy are likely to exceed the annual target such as Duc Linh (estimated to exceed 17.91%) and Phu Quy (estimated to exceed 39.85%). The main source of revenue arises from land use fee collection from households and individuals managed by districts, towns and cities. This is a positive signal, showing the potential to exploit land revenue if localities do a good job in planning, managing and auctioning land use rights.
Up to this point, many localities have achieved quite high budget revenue. Among 10 district-level units, 6 localities have exceeded the average budget revenue of the district block by 44.9%. Notably, Phu Quy island was assigned a budget revenue estimate for 2025 of 26 billion VND, after 4 months the district achieved a revenue of 22 billion VND, reaching 85.54% of the estimate and increasing by 42.74% over the same period. One of the positive impacts on the revenue results mainly comes from land use fees and revenues from real estate transfers. Besides, many other localities have also maintained a steady growth rate in revenue such as: Ham Thuan Bac assigned this year's revenue estimate of 393 billion VND, after 4 months the district achieved a revenue of 188 billion VND, reaching 47.84% of the estimate, increasing by 18.23% over the same period; La Gi town collected 150 billion VND, reaching 66.53% of the estimate (225 billion VND), up 8.04%; Ham Tan collected 115 billion VND, reaching 60.35% of the estimate (191 billion VND), up 22.49%; Duc Linh collected 116 billion VND, reaching 77.01% of the estimate (150 billion VND), up 27.63%.
Phan Thiet City, the unit with the largest revenue in the province, has collected 659 billion VND, reaching 45.25% of the estimate (1,457 billion VND) and equal to 94.15% over the same period. Although the revenue is lower than the average level set by the district block, revenue growth is still recorded in localities such as: Ham Thuan Nam collected 132 billion VND, reaching 41.01% of the estimate (322 billion VND), up 11.19%; Tanh Linh collected 51 billion VND, reaching 44.71% of the estimate (115 billion VND), up 31.18%. This result was achieved thanks to the localities' proactiveness in reviewing revenue sources. The close coordination between the tax sector and local authorities in reviewing revenue sources, strengthening inspections to prevent revenue loss, handling tax arrears and accelerating land use fee collection.
Proactively remove difficulties
However, Tuy Phong and Bac Binh districts still faced difficulties, with lower revenue both in terms of the implementation rate of the estimate and compared to the same period. Tuy Phong district collected 121 billion VND, reaching 32.16% of the estimate (375 billion VND) and equal to 85.49% of the same period. Bac Binh district alone reached 93 billion VND, reaching 22.49% of the estimate (415 billion VND) and equal to 63.5% of the same period. The main reason was that there was no extraordinary revenue source like last year, along with slow tax debt collection progress and a sluggish real estate market.
According to the People's Committee of Bac Binh district, the main reason is the decrease in revenue from renewable energy enterprises in the area compared to the same period last year, mainly concentrated in revenue from Hong Phong 1 Energy Joint Stock Company, which decreased by VND 14,433 million, and Ha Do Binh Thuan Company Limited, which decreased by VND 16,170 million due to difficulties in paying for electricity sales, so tax obligations decreased compared to the same period last year.
Faced with that situation, the Tax Department of Region XV has coordinated with the People's Committee of Bac Binh district to proactively work on measures to remove difficulties and promote budget collection. Focus on handling tax debts, promoting the collection of collectible amounts to promptly pay into the budget, and at the same time working with businesses to remove difficulties and ensure stable revenue sources again.
The impressive revenue breakthroughs achieved by many localities in the first months of the year demonstrate the drastic participation of authorities at all levels, the efforts of the tax sector, the close coordination of relevant agencies and the support of the business community. Thereby, contributing to increasing the provincial budget revenue, striving to achieve the province's budget revenue target in 2025 of at least 10% increase compared to 2024.
According to the Tax Department of Region XV, the total domestic state budget revenue of the province in the first 4 months of the year reached 3,924 billion VND, reaching 42.42% of the estimate, up 11.62% over the same period. Of which, domestic revenue (excluding land use fees and lottery) reached 2,511 billion VND (40.43% of the estimate), up more than 3%...
Source: https://baobinhthuan.com.vn/cac-dia-phuong-tang-toc-thu-ngan-sach-130367.html
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