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| The Long Hậu Industrial Park in Can Giuoc district, Long An province |
According to the provincial People’s Committee, the province’s domestic collection reached 11.9 trillion VND while import-export activities contributed 1.95 trillion VND to the budget.
However, many sectors’ collection failed to reach their estimates, even lower than those of the previous year.
Collection from State-owned and foreign-invested enterprises was 365 billion VND and 1.55 trillion VND, equivalent to 88 percent and 67.4 percent of the estimates, respectively.
Long An sets to collect over 13.74 trillion VND for the State budget in 2019, up 60 billion VND compared to the target assigned by the Government.
To fulfill the goal, the provincial People’s Committee asked departments, sectors and localities to focus on implementing synchronous and effective solutions for budget collection, while intensifying collection management; stepping up tax inspection to combat tax losses, transfer pricing, tax evasion; and resolutely handling tax arrears.
Attention will be paid to fostering investment promotion activities, facilitating investment and business of enterprises through removing barriers and unreasonable business and investment conditions that obstruct firms’ operation.
Besides, the locality will also accelerate the rearrangement of organisation and management apparatuses and improve the quality and effectiveness of public agencies, speed up the State capital divestment, as well as promptly and strictly handle violations related to financial accounting and reporting.