Vietinbank to Collect Imp-Export Taxes for State Budget

3:41:56 PM | 10/5/2009

Vietnam Bank for Industry and Trade (Vietinbank) has kicked off a pilot project to collect taxes, fees and other charges from import-export activities for the state budget, the Hanoi-based bank announced.
 
The move followed an agreement signed July 27 in Hanoi among VietinBank, the State Treasury and the General Department of Customs, the bank said.
 
It aims to create better conditions for enterprises to make tax payments quicker, speed up customs clearance time, help raise the efficiency of management of the State budget, and implement the government’s goal to introduce non-cash payments.
 
The project will first be applied in the northern port city of Haiphong and then will be expanded to other localities such as Quang Ninh, Vinh Phuc, Khanh Hoa, Vung Tau and Ho Chi Minh City.
 
With a network of 150 branches and 800 transaction offices nationwide, VietinBank plans to carry out import-export tax collections across the country by 2010.
 
Earlier, Vietinbank, the State Treasury and the General Department of Customs succeeded in collecting domestic taxes at all branches of the bank. (www.vietinbank.vn))