Domestic budget revenue reached over VND 1,000 billion in May

Revenue from non-state enterprises in May increased by nearly 30% over the same period

Some revenues still maintain growth compared to the same period last year such as tax collection of non-state enterprises; registration fee collection; collecting environmental protection tax; personal income tax collection,... Three revenue items with a large proportion decreased are from FDI enterprises, revenues from State enterprises and land use fees.

Generally, for 5 months, the total state budget revenue in the province reached VND 13,455.2 billion, reaching 49.1% of the estimate and increasing by 2.7% over the same period in 2018. In which, non-state tax collection reached VND 1,296.6 billion, increasing by 21.7%, revenue from State-owned enterprises reached VND 600 billion, increasing by 1.8%; FDI enterprises received VND 4,542.7 billion, increasing by 6.4% and collected registration fees reached 241.4 billion VND, up 16.1%.

In terms of budget expenditure, in May, the total local budget expenditure was estimated at VND 1,394.8 billion, up 22.8% over the same period last year. After the first 5 months of the year, the total local budget expenditure reached VND 7,210.7 billion, reaching 40.7% of the yearly estimate and up 23.4% over the same period last year. In particular, spending for development investment was VND 4,302 billion, reaching 76.7% and increasing by 20.9%; Regular spending was VND 2,908.8 billion, reaching 31.1% and increasing by 13.8%.