Information at this conference, Director of State Budget Department Vo Thanh Hung said that for the whole year 2020, budget revenue is estimated at about 1,481.6 trillion dong, 98% (30.7 trillion dong shortfall ) compared with the estimate.

With the above results, the total state budget revenue in 2020 has increased by 158.5 trillion dong compared to the number reported to the National Assembly in September; The rate of mobilization into the state budget reaches 23.5% of GDP, only taxes and fees reach 18.9% of GDP.

In which, domestic revenue reached 1,264.2 trillion VND, equal to 100% of the estimate, up 148.6 trillion VND compared to the number reported to the National Assembly. In which, collection of land use fees exceeded 69.4 trillion VND, collection of land rentals exceeded 11.4 trillion VND, dividends, profits, profit after tax exceeded 18.5 trillion VND. …

Prosperity from local budget revenues offset total revenues

According to a report from the Ministry of Finance, many large revenues from production and business activities in 2020 did not reach the estimate, such as revenue from the state-owned enterprise sector reached 82.6%, revenue from the enterprise sector. 89.4% foreign investment capital, 88.8% revenue from non-state economic sector, 88.5% environmental protection tax revenue.

Notably, the revenue from the state budget’s equitization and divestment in the central budget enterprise (NSTW) was only 16.7 / 45 trillion VND, as 37.1% of the estimate (including 26, The National Assembly added 1 trillion dong to the estimate of budget revenue and expenditure in 2020, the total revenue would reach 42.8 trillion dong).

Next, revenue from crude oil reached 34.4 trillion VND, equaling 97.7% (short of 800 billion VND) compared to the estimate, increasing 1.9 trillion VND compared to the report to the National Assembly. Balanced revenue from import and export activities reached 178 trillion VND, equaling 85.6% (30 trillion VND shortfall) compared to the estimate, an increase of 8 trillion VND compared to the report to the National Assembly.

While the revenue collected from the central budget source has been improved but still has a deficit of nearly 100 trillion compared to the estimate, the bright spot of the budget revenue is the completed report from the local block.

Local budget revenue was estimated at 702.2 trillion VND, equaling 106.3% (exceeding 41.7 trillion VND) compared to the estimate, increasing 104.1 trillion VND from reporting to the National Assembly. It is estimated that 55/63 localities have exceeded the assigned estimate.

Only 8 localities did not reach the estimate, including key provinces such as: Ho Chi Minh City 90.1%, Vinh Phuc 94.7%, Da Nang 71.7%, Quang Nam 90%, Quang Ngai at 74.3% and Khanh Hoa at 70.7%.

However, leaders of the financial sector also assessed that the above localities’ budget revenue deficit is largely due to objective reasons. Provinces like TP. HCMC, HCMC. Da Nang, Khanh Hoa, the economic structure from services accounts for a high proportion, so the budget revenues in the area are strongly affected by the Covid-19 epidemic.

Provinces like Vinh Phuc and Quang Nam are mainly due to the sharp decline in car consumption. Provinces such as Hoa Binh and Phu Yen have a large proportion of land use fees due to the unsatisfactory land auction situation of the projects, so the land use levy is not up to the estimate.

Quang Ngai province is mainly due to the decrease in the price of petrochemical products compared to the estimate.

5 centrally governed cities and two opposing colors

According to Document 2680 / QD-BTC on the announcement of the state budget estimates in 2020, only 5 centrally-run cities have a total state budget revenue estimate of VND 814,154 billion, corresponding to more than 53, 8% of the total national budget revenue estimate for the year.

In which, Hanoi has estimated revenue of VND 278,805 billion (retained rate of 35%). Hai Phong is assigned an estimate of VND 87,968 billion (retained rate of 78%).

Next, Da Nang is assigned an estimated revenue of 30,935 billion VND (retention rate 68%).

Among the cities directly under the Central Government, Can Tho is the city with the lowest estimate of revenues delivered at 11,618 billion VND (91% retention rate).

The proportion of budget revenue assigned according to the estimates of this city is even lower than many other non-central localities. Specifically, only equal to about 1/5 to 1/6 of the revenues delivered by the two provinces of Dong Nai and Binh Duong.

Finally, Ho Chi Minh City is always the locality that “carries” the largest proportion of the total annual revenue of the national budget (about 26% -30%), at the same time it is also the city with the retained rate at the shortest. In 2020, southern locomotives will receive VND 405,828 billion (ratio 18%).

At the online conference on assessment of the implementation of State budget revenue and expenditure tasks in 2020, the above 5 localities have partly published some updated information on their revenue and expenditure situation in a full year of Covid. difficulties and fluctuations.

According to city leaders. Hanoi, as of December 31st, the total state budget revenue in the capital area reached 284,485 billion VND, reaching 102% of the estimate assigned. The total state budget expenditure through the Treasury was 111,531 billion VND, reaching 75.8% of the estimate. In which, recurrent expenditures reached 98,079 billion VND, reaching 78.5% of the estimate.

At the same time, the Hanoi Tax Department said that the total state budget revenue of the city in 2020 managed by the tax department is about 265,890 billion VND, reaching 102.1% of the estimate assigned by the People’s Council (People’s Council). . This revenue increased by 5.9% compared to the implementation in 2019 with 9/18 revenues, the collection field had positive results.

With Hai Phong, as of 15:00 on December 31, Hai Phong’s total domestic revenue exceeded 31,368 billion VND, reached 32,589 billion VND, reached 105.5% of the ordinance estimate, equal to 98.8% of the striving estimate. City Council, up 20.3% over the same period last year.

Particularly in December 2020, the total revenue paid to the state budget reached 10,039.9 billion VND, an increase of 133.4% compared to December 2019. In which, collection of land use fees is 4,795 billion VND.

Previously, at the 16th meeting of Hai Phong City Council, Session XV took place on December 21, 2020, Mr. Le Van Thanh – Secretary of Hai Phong City Party Committee informed that the total budget revenue of the city was estimated at 84,199. billion, of which local budget revenue reached 34,199 billion (up 17.2%). Domestic revenue alone reached about VND 30,000 billion (up 11%).

Hai Phong is a unique locality with revenue from import and export accounting for a large proportion, nearly twice the domestic revenue. Previously, by the end of November, Hai Phong Customs Department said that the revenue at the unit reached 50,045 billion VND, reaching 74.7% of the target assigned by the Ministry of Finance (67,000 billion VND), reaching 70.5% only. spent by the General Department of Customs (VND 71,000 billion), a decrease of VND 13,267 billion (equivalent to 21%) compared to the same period in 2019.

Da Nang, the “city worth living” directly under the Central Government, the tourist “capital” of the Central region, the locality that has been at the top of the Provincial Competitiveness Index (PCI) rankings can be said to have experienced 6 times. through 2020 “sadly”.

Accordingly, the total State budget revenue in the province is estimated at 23,609 billion Dong, reaching 76.32% of the estimate assigned by the City People’s Council, equaling 85% compared to the same period in 2019. In which, domestic revenue is 19,342 VND billion, reaching 72.08% of the estimate. Domestic revenue excluding land use fees and lottery was 15,352 billion VND, as 63.55% of the estimate.

By the end of December 30, Da Nang Customs Department collected the budget revenue reached 4,170.1 billion VND, exceeding 1.7% compared to the target assigned in 2020, up 3.5% over the same period in 2019.

This is also a locality that has been mentioned a lot of public opinion in the past time when at the 16th Session of Da Nang City People’s Council Session IX, for the first time in the history of this city, it had a negative growth rate of 9, 77% and budget revenue is expected to be only about 60%.

In fact, Da Nang is one of the localities across the country that cannot fulfill the budget revenue targets, the main reason is the service sector – which accounts for a major proportion in the economic structure, heavily affected by Covid-19.

Regarding Can Tho, information at the Government’s online conference with localities at the end of 2020, Chairman of Can Tho City People’s Committee Tran Viet Truong said that in 2020, despite many difficulties, especially the Covid-19 pandemic But the city has tried to achieve positive growth of 1.02%, tax revenue is estimated at 12,636 billion. In which, domestic revenue reached 101% of the estimate assigned by the Ministry of Finance.

In 2020, Can Tho Tax Department performs the budget collection task assigned by the Ministry of Finance of 11,082 billion VND, up 8.1% compared to the 2019 estimate and 2.9% compared to the implementation of 2019.

Finally, Ho Chi Minh City, the southern locomotive as of 17:30 on December 31, 2020 has a total budget revenue of VND 371,384 billion, completing 91.51% of the estimate and decreasing 9.4%, respectively. equivalent to a decrease of 38 trillion dong compared to the revenue of the same period in 2019.

In which, domestic revenue was 265,358 billion Dong, reached 91.24% of the estimate and decreased 8.61%; revenue from import-export (import-export) activities was 105,953 billion VND, reaching 92.13% of the estimate.

The results of State budget revenue in 2020, though completing 91.51% of the estimate, are quite high in the difficult context. At the same time, the state budget revenues in Ho Chi Minh City still maintain the proportion of 25.48% in the total national budget revenue as in previous years – Ms. Pham Thi Hong Ha, Director of the city’s Department of Finance assessed.

According to Resolution No. 87/2019 / QH14 on central budget allocation in 2020, 16 localities continue to be responsible for regulating the retained budget and central allocation with the retention rate of 18% (TP .HCM) to 98% (Hai Duong).

Specifically, in addition to the 5 cities listed under the central government, 11 localities with the following retained regulatory rates are Binh Duong (36%), Dong Nai (47%), Vinh Phuc (53%). ), Ba Ria-Vung Tau (64%), Quang Ninh (65%), Khanh Hoa (72%), Bac Ninh (83%), Quang Ngai (88%), Quang Nam (90%), Hung Yen ( 93%), Hai Duong (98%).

These are localities with large annual budget revenues, “have food to eat” every year. In 16 provinces alone, these cities account for more than 80% of the annual budget revenue of 63 provinces. Of which, only Hanoi and Ho Chi Minh City had a rate of nearly 50%.

The remaining provinces have a retention rate of 100%.

Source: bizlive.vn – Translated by fintel.vn