According to Tax Department of Hung Yen, as of March 28, state budget receipts was estimated at over VND 2,000 billion which equals to 23.4% of the provincial plan, up 9.5% (compared to the same period in 2017). In particular, the private sectors of foreign investment (FDI) paid VND 405 billion, leading in the amount submitted to the state budget....

Specifically, in the first 3 months of the year, except for land use fees, the total receipts of the tax department of Hung Yen province was estimated at VND 1,607 billion, reaching 21.2% of the provincial plan, equal to 96.5% of the same period last year. There are 6 out of 14 criteria having higher receipts by over 25% of the plan, which is collected from local state enterprises; income from personal income tax; receipts from land use fees; receipts from environmental protection tax; receipts from other fees, charges and other receipts.

In particular, receipts submitted by FDI enterprises reached VND 405 billion, equivalent to 22.5% of the plan, up 23.8%, leading in the areas having largest budget submission in the province in the past 3 months.

Director of Hung Yen Tax Department Chu Tuong Anh underlined that “Amid the strong development of Hung Yen province in the past years, there has been significant contribution of FDI enterprises. Therefore, all levels and sectors, especially the leaders of the province, are always interested in improving the investment environment and investment attraction into industrial parks of Hung Yen province and bringing stable receipts to provincial budget ",

One of the factors supporting the increase of receipts of this area is due to the fact that from the beginning of the year, tax authorities and functional departments in the area focused on solving difficulties and supporting businesses with policies to create jobs for employees, boost up the development; thereby create receipts for the state budget.

Another important factor that made the receipts submitted by FDI enterprises increase in the past time is that North Kinh Do One Member Limited Company has changed the type from non-state enterprise to FDI enterprise. In the first 2 months of the year, it paid over VND 29 billion to the state budget.

In order to promote the development of the business community, in the coming time, Hung Yen Tax Department will strengthen the coordination with the functional authorities in the province to focus on disseminating and removing difficulties as well as creating the most favorable conditions for businesses in production and consumption.

At the same time, the department continues to diversify methods of dissemination and tax law support; regularly organize "Listening week to tax payers", business dialogues and training on new tax policies; promptly answer all problems of taxpayers through electronic means.

In particular, focus on solutions to improve the business environment, improve competitiveness; continue to overcome the limitations and difficulties to well perform management task.

In addition, the department continues to focus on reviewing receipt sources in FDI area in order to predict receipts sources closely to the actual situation; focus on analyzing the causes of impacts on increase and decrease of the state receipts, especially newly generated production capacity; thereby collecting precisely and adequately to the state budget.