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Ho Chi Minh City
Friday, May 20, 2022

Thu Duc’s budget revenue higher than Dong Nai, Binh Duong

The Saigon Times

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HCMC – Thu Duc City, under the jurisdiction of HCMC, reported VND27 trillion in budget revenue in the first four months of the year, double that of District 1 and higher than that of Dong Nai and Binh Duong provinces, said Nguyen Hoang Hai, director of the HCMC State Treasury.

At a meeting with the municipal delegation of National Assembly deputies on May 12, Hai said Thu Duc looked to attain VND72 trillion in budget revenue in all of 2022, the local media reported.

In the January-April period, Thu Duc’s budget revenue accounted for 18% of HCMC’s total budget revenue and ranked fifth nationwide, followed by HCMC, Hanoi, Ba Ria-Vung Tau and Haiphong.

As of April 15, HCMC’s budget revenue had amounted to nearly VND531.2 trillion, reaching 37.63% of the full-year target and rising 14.78% year-on-year. Of the total, over VND418.6 trillion was collected from domestic production and business activities, excluding crude oil, and nearly VND129 trillion from import-export activities.

Hai said by 2025, the HCMC State Treasury will operate based on the digital database and complete the digital treasury.

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