Four-month tax collection hits over VND314 trillion

Total tax collection in the first four months this year reached an estimated VND314.1 trillion, 34.5% of the year’s estimate and a year-on-year rise of 9.4%, reported the Ministry of Finance (MoF).

Specifically, domestic collection posted VND238.7 trillion, 37% of the year’s estimate and a 17% rise against the same period last year.

Four-month tax collection hits over VND314 trillion

Budget collection gains growth in the first four months

According to the ministry, the collection gaining growth in the first four months came as a result of the positive impacts from optimistic development of the economy from the start of the year. Together with this, production and business activities of enterprises gradually saw stability and the real estate market witnessed recovery signs, contributing to collections from housing and registration fees.

During the period, 49 localities received higher revenues than the average rate, reaching 33% of the year’s estimate while 55 localities achieved higher budget collection than that of the same period of 2014.

Collection from export and import activities in the four months represented a year-on-year 7.3% rise at VND51.5 trillion, 29.4% of the year’s estimate./.

( Hoang Minh )

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