Vinh City's budget revenue reached nearly 3,539 billion VND

The city's report said: Thanks to proactively and synchronously implementing drastic budget collection solutions right from the beginning of the year, the city's budget collection achieved good results.

The city's budget revenue in 2022 is estimated at VND 3,538.8 billion, reaching 170.5% of the provincial estimate, 109.7% of the city People's Council estimate, an increase of 38.5% over the same period.

A corner of Vinh city. Photo: Sach Nguyen

In which: Land use fee collection from city projects enjoying a 100% regulation rate according to the special mechanism from Resolution No. 02/2021/NQ-HDND is 1,080 billion VND.

All revenues and taxes were completed and exceeded the assigned estimates, some high revenue items such as: Land use fee revenue: 2,268 billion VND, reaching 216% of the provincial estimate, 105.5% of the city People's Council's estimate, up 67.6% over the same period; Non-state revenue: 440 billion VND, reaching 118.9% of the provincial estimate, reaching 117.4% of the city People's Council's estimate, up 10.5% over the same period; Personal income tax: 205 billion VND, reaching 164% of the provincial estimate, reaching 151.9% of the city People's Council's estimate, up 38.7% over the same period; Other revenue: 108.9 billion VND, reaching 145% of the provincial estimate, reaching 136% of the city People's Council's estimate, up 17.9% over the same period; Strengthen measures to collect arrears of 216.5 billion VND.

In 2022, the city promptly and synchronously deployed solutions to both activate, support and promote economic development and effectively prevent the epidemic; create a favorable environment and conditions for economic sectors to develop, especially the night-time economy; attract investment, promptly and effectively deploy preferential policies on taxes and fees to support production and business recovery.