Dong Nai: state budget collection reaches 63% of estimate in 9 months

(ĐN) – Dong Nai's total budget collection is estimated at nearly VND38.6 trillion in the January-September period, fulfilling 63% of the whole year's estimates and equivalent to 80% from the same time of 2022.

Accordingly, domestic revenues and revenues from import-export activities experienced a significant decline.

The drops are mainly due to the global and domestic economic recession, some sources of revenue declined significantly, including revenue from houses and land. Dong Nai-based footwear, textile and wooden furniture enterprises have been facing many difficulties as export orders have dropped 30-50% since the beginning of this year, pushing firms to cut off at least half of their production capacities, resulting in a sharp decline in their revenue.

Dong Nai targets to reach more than VND61.68 trillion in 2023. Therefore, difficulties are abundant for the remaining part of the year.

Reported by K.M