Out of the 20 types of receipts and taxes, 13 achieved a relatively high level of collection (over 76%). Of which, revenue from the State-owned enterprise sector reached 80% while those from personal income tax and fees and charges were estimated at 78.4% and 82.4%, respectively.

A woman pays tax at a collection point of Vietcombank's Can Tho city branch.

Twenty-five out of the country’s 63 provinces and centrally-run cities have completed over 76% of their yearly estimates, the agency said.

To continue to support people and businesses to overcome difficulties and accelerate economic recovery in 2023, the National Assembly and the Government have issued policies to reduce, exempt and extend taxes for them with a total amount of 148.3 trillion VND.

General Director of the General Department of Taxation Mai Xuan Thanh said that it is expected that budget collection will still face many difficulties in the last quarter of the year, thus the tax sector will strive to fulfill the assigned targets.

It will synchronously and drastically implement solutions to strengthen tax revenue management and prevent tax losses while expediting value-added tax refunds for businesses in line with legal regulations, he said.

Bac Giang is determined to complete budget collection plan

BAC GIANG - In 2023, Bac Giang City targets to collect more than 2.6 trillion VND (110.8 million USD) of state budget (higher than the figure in 2022). But as of the end of August, the revenue only reached 63 percent which was not guaranteed as the divergence and lower than the same period last year. Many solutions have been implemented by Bac Giang City to complete the plan.

State budget collection tops 1 quadrillion VND in 7 months

The total revenue to the State budget between January and July exceeded 1.01 quadrillion VND (42.53 billion USD), equaling 62.7% of the yearly estimate and dropping by 7.8% from the same period last year.

Taxation sector’s budget revenue reaches 36.6 billion USD in 7 months

The taxation sector’s total state budget revenue in the first seven months of 2023 was estimated at 868.6 trillion VND (36.6 billion USD), equal to 63.3% of the estimate, and 94.5% compared with that of the same period last year, the General Department of Taxation released on August 4.

Da Nang among budget destinations this summer

Based on actual survey data, Vietnam's Da Nang is among the world's five famous tourist destinations, in line with the trend of budget travel, during the summer for Vietnamese and international tourists.

State budget reaches over 48% of estimate in five months

The total State budget revenue in the first five months of this year reached over 663.84 trillion VND (28.27 billion USD), equivalent to 48.3% of the ordinance estimate and 96.9% compared to the figure in the same period last year, reported the General Department of Taxation on June 2.

Source: VNA