Dong Nai hits state budget target ahead of schedule

(ĐN)- By November 21, Dong Nai province had already met its 2024 state budget revenue target, collecting over 55.2 trillion VND, surpassing the annual goal by nearly a month in both domestic and import-export sectors.

This achievement reflects strong leadership and coordinated efforts between provincial and local financial authorities. Despite challenges from a sluggish real estate market and rising tax arrears, Dong Nai’s proactive planning and strict tax management drove results.

Import-export activities at Dong Nai Port.

Domestic revenue exceeded 37.4 trillion VND, while import-export taxes reached 17.8 trillion VND, fully meeting the year’s estimates. Key contributors included leading enterprises such as Dong Nai Lottery Company, Dong Nai Food Industry Corporation, Ajinomoto Vietnam, and Nestle Vietnam.

Notably, revenues from foreign-invested enterprises rose 3% compared to 2023, while personal income tax collections increased by 2%. Customs authorities reported strong growth in import taxes on chemicals, metals, plastics, and steel.

Looking ahead, tax and customs agencies vow to maintain momentum by tightening debt control, combating tax evasion, and streamlining procedures to support businesses. Special focus will be placed on high-risk areas including e-commerce, transfer pricing, and value-added tax fraud.

Overall, Dong Nai’s early budget completion signals robust fiscal discipline and offers a positive outlook amid global economic uncertainties.

Reported by N.L