The latest report of the Ministry of Finance said that the balance of state budget collection in April 2019 was estimated at VND133.9 trillion. Accumulated revenue in 4 months reached VND517.87 trillion, equaling 36.7% of the estimate, up 13.9% compared to the same period of 2018.
In the revenue of the last 4 months, domestic revenues reached VND 424.96 trillion, equal to 36.2% of the estimate, but the increase was lower than the same period in 2018, only 14% instead of 16% of the previous year.
It is estimated that there are 52/63 domestic collecting localities reaching the estimated progress (over 32%), of which 40 localities collected over 35% of the estimate; 56/63 localities collected higher than the same period, 7 localities collected lower than the same period.
Revenues from crude oil in 4 months were estimated at VND 18.29 trillion, equal to 41% of the estimate, down 2.2% compared to the same period of 2018 with the average price of crude oil reaching 65 USD / barrel (equal to the estimated price), equal to 94.5% compared to the same period in 2018; production was estimated at 3.9 million tons, equal to 37.3% of the plan, 98.3% compared to the same period in 2018.
Revenue from import and export activities was estimated at VND 73.9 trillion, equal to 39.1% of the estimate, up 17.3% over the same period in 2018 on the basis of total estimated revenue of VND 111.6 trillion, equal to 37.1% of the estimate, up 21.6% over the same period in 2018; The value-added tax refund under the regime was about VND 37.7 trillion, equal to 33.9% of the estimate.
Customs authorities have actively strengthened post-customs clearance inspection; coordinated closely with functional forces to fight smuggling, trade fraud and fake goods, thus positively impacting the region's revenues.
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