Nghe An: Total land use fee revenue in 7 months is estimated at 1,787.8 billion VND

Of which, domestic revenue is estimated at 7,781.2 billion VND, equal to 65.96% of the assigned estimate, up 22.8%, land use fee revenue is estimated at 1,787.8 billion VND.

The increase in land use fees is due to the fact that localities have recently stepped up land auctions. Some localities have high land use fees such as: Vinh City, Yen Thanh, Dien Chau, Quynh Luu, Thai Hoa Town, Anh Son....

Land use fees in Vinh city increased. Photo: Lam Tung.

Domestic revenue in the first 7 months of the year, excluding land use fees, is estimated at VND 5,994.4 billion, equal to 63.7% of the assigned estimate, up 21.1%.

Many revenue items compared to the estimate reached higher than the same period such as: Revenue from the non-state sector of services and industry was estimated at 2,774.4 billion VND, equal to 61.79% of the estimate and increased by 16.15%; Revenue from import-export activities was 985 billion VND, equal to 57.94% of the estimate and increased by 2.49%...

Besides, revenue from foreign-invested enterprises is estimated at 133.5 billion VND, equal to 51.3% of the estimate, down 4.8%.

Hemaraj Industrial Park in the Southeast Economic Zone is undergoing infrastructure construction. Photo: Tran Chau

Total budget expenditure for 7 months is estimated at 14,346.2 billion VND, equal to 58.93% of the estimate.