Dong Nai: Reduce 500 billion in budget revenue from large enterprises

Operating at Dong Nai Food Industrial Corporation fell 99 billion. Source: Internet

According to the Dong Nai People’s Committee, by the end of June 2016, many large enterprises in the province have significantly reduced the amount of tax paid in comparison to the same period in 2015; it has led to difficulties in collecting local revenues.

These enterprise include the Agricultural Services Cooperatives Union decreased 117 billion VND; the Dong Nai Food Industrial Corporation decreased 99 billion VND; Electricity Companies in the Petro field reduced 154 billion VND; the Dielac Milk Factory decreased 50 billion VND; Tri An Hydropower reduced 35 billion VND, and Haier Electric Ltd. Vietnam fell 30 million VND.

EA the end of June, Dong Nai’s domestic revenue reached nearly 12,3 billion VND, an increase of 5% compared to the same period last year and reached 46% of the target estimate in 2016 (26,800 billion VND).

Thus, to complete the indicators of domestic revenue estimates, in the last 6 months of 2016, Dong Nai has collected 14.519 billion VND, averaging nearly 2.420 billion/month.

Notably, Dong Nai is one of the few localities having large domestic revenue to regulate the central budget.