Sa Pa Ward: State budget revenue in the area reached more than 789 billion VND

In the first 7 months of 2025, the total state budget revenue in Sa Pa ward reached more than 789.3 billion VND, equal to 33.6% of the plan, of which: revenue from taxes, fees, and other revenues reached 294.1 billion VND, equal to 82.3% of the plan; land use fee revenue was over 495.2 billion VND, equal to 24.9% of the plan.

Sa Pa ward land fund is preparing to be auctioned at the end of the year.

Some revenue items implemented in the 7 months achieved high results, with 3 revenue items exceeding the provincial estimate: revenue from granting mineral exploitation rights reached 166 million VND, equal to 137.2% of the plan; revenue from the foreign-invested sector reached 6.75 billion VND, equal to 115.4% of the plan; revenue from the non-state industrial and commercial sector reached over 129 billion VND, equal to 116.9% of the plan (this is a very important revenue item with long-term and sustainable factors, accounting for a large proportion of domestic tax revenue, this revenue item achieved very high results, demonstrating the strong and stable development of the local economy ).

There were 4 revenue items reaching over 60% of the estimate, including: personal income tax revenue reached 33.3 billion VND, equal to 82.7% of the plan; revenue from central state-owned enterprises reached over 3 billion VND, equal to 63.3% of the plan; registration fee revenue reached over 14 billion VND, equal to 60.3% of the plan; land rental revenue reached 90.1 billion VND, equal to 75.1% of the plan.

Fansipan peak entrance fee has not been implemented yet, affecting budget collection.

Some revenue items were lower than the assigned estimate: fee collection reached 6.87 billion VND, equal to 24.6% of the plan (due to the target of collecting sightseeing fees assigned by the province to Sa Pa ward, which was expected to collect fees through ticket prices at Cat Cat Tourist Area and Fansipan peak, but has not yet been implemented, so it has greatly affected the results); land use fee collection reached 495.2 billion VND, equal to 24.9% of the plan (due to the implementation of land use fee auctions at projects according to the plan being directed by the ward People's Committee, it is expected that land use fee collection will be completed by the end of the year, exceeding the assigned estimate).

Source: https://baolaocai.vn/phuong-sa-pa-thu-ngan-sach-nha-nuoc-tren-dia-ban-dat-hon-789-ty-dong-post878877.html