The Ha Noi State Treasury set a target to collect VND1.3 trillion (US$55.5 miilion) per day, said Dao Thai Phuc, director of the Ha Noi State Treasury at a meeting on Saturday.

The capital city of Ha Noi targeted collection of VND238.4 trillion this year, a year-on-year increase of 17 per cent.

However, according to the Ha Noi State Treasury, the total state budget collection through the Ha Noi State Treasury was VND161.5 trillion as of Saturday, accounting for 67.7 per cent of the year’s plan.

The budget spending through the Ha Noi State Treasury was VND79.7 trillion.

The Ha Noi State Treasury had put forward a number of measures to complete the budget collection, such as co-ordinating closely with the city’s tax department and customs department to speed up the collection for the State budget and continuing to urge payment, the director said.

In terms of State budget spending, the Ha Noi State Treasury would actively co-ordinate with investors to remove obstacles and complete procedures for payment to accelerate the disbursement process of investment projects and reach the central and local target programmes, he said.

Ta Anh Tuan, general director of the Viet Nam State Treasury, asked the Ha Noi State Treasury to boost administrative reforms and expand, modernise and digitise the collection points.

Speaking at the meeting, Nguyen Duc Chung, chairman of the Ha Noi’s People’s Committee, said that some collection sources in the area was were becoming less lucrative as export-import tariff lines were cut. He demanded the sectors of treasury, taxation, finance, planning and investment of the city co-ordinate smoothly in the process of budget collection.

He asked the mentioned branches to boost the application of information technology, towards digitising documents to reduce procedures for agencies and enterprises.

The chairman of the Ha Noi’s People’s Committee also suggested the capital city’s State Treasury co-ordinate with the relevant agencies to pilot collection using scratchcards to help people, enterprises and organisations reduce time and effort when paying the State budget. — VNS