By the end of August, the total domestic budget revenue in Hai Duong province had exceeded VND10,424 billion, equivalent to 94.8% of the plan and up 15.4% year on year.
Three revenues overfulfilled the plan, consisting of VND3,278 billion from land use fees, 64% higher than planned, an increase of 9%;VND290 billion from other budget revenue, 32% higher than planned, a rise of 48%; and VND37 billion from licensing of mineral mining rights, 48% higher than planned, up 2% over the same period.
Revenues from foreign-invested enterprises, the non-State industrial, commercial, and service sector, personal income tax, environmental protection tax, etc. were fairly high compared to the estimated progress.
The reason for the revenues to be higher than estimated is that Hung Thinh Corporation and Toan Gia Co., Ltd. paid land use fees for their projects and commune People's Committees paid land use fees from auctioning rural residential spots. Production and business activities of many enterprises incurred higher taxes than the same period last year...