Log in
Hanoi

Hanoi makes effort to perform financial tasks in the last months of 2017

According to Public Telegraph 5056/UB-KT dated October 16, the Hanoi People’s Committee urges more effort to take measures and perform financial tasks in the last months of 2017.

Under the Public Telegraph, city’s agencies at all levels and sectors of Hanoi closely cooperate with tax and customs agencies to increase revenue management, prevent loss of revenues, and fight smuggling and commercial fraud; handle and collect tax debts, thus reducing the debt to below 5% in comparison to state budget revenue of 2017; strive to reach beyond target of 2017 state budget revenue, and have resources for expenses according to cost estimates and handle arising tasks.


 
Financial agencies at all levels perform following tasks:

Cooperating with relevant units to act as advisor to the Hanoi People’s Committee and People’s Committees of districts and towns in managing state budget expenses closely, efficiently according to regulation; review social welfare policies, especially expenditure for people, thus paying expenses according to regulation;

Proactively allocating and balancing local budget, pay state budget expenditures according to estimates, capacity to collect state budget and process of revenue resources in association with cost estimates for development, and proactively allocate resources to implement policies and processes;

Managing and using local budget to overcome consequences of natural disasters, flood, storms and diseases, and to perform important urgent tasks according to regulation of Law on State Budget and Directive 10/CT-UBND dated June 26, 2017 of the Hanoi People’s Committee. 



 

If local budget revenue does not reach target, the agencies cooperate with authorities at all levels and sectors to act as advisor to the Municipal People’s Committee, People’s Committees of districts and towns to make plans on using legitimate financial resources to balance the local budget, and implement policies on people, social welfares and poverty reduction. When encountering problem or budget deficit during the process of state budget management, the agencies must report to Hanoi People’s Committee for further consideration.

The Department of Finance in cooperation with Authority of Plan and Investment and relevant agencies act as advisor to the Municipal People’s Committee to implement the project on restructuring state-owned enterprises in the 2016-2020 period, speed up progress of equitization and divestment, take measures to help enterprises reduce the input cost according to the Government’s instruction, increase work efficiency of the enterprises.

The Authority of Plan and Investment in coordination with relevant agencies and departments promptly take measures to speed up implementation and disbursement process, and use public investment capitals more efficiently according to Resolution 70/NQ-CP dated August 3, 2017 of the Government on major missions and measures to accelerate public investment capital implementation and disbursement.

City’s departments, agencies, districts and towns speed up the progress of autonomous financing mechanism and roadmap on calculating prices of online public services pursuant to Decree 16/2015/ND-CP dated February 14, 2015 of the Government and plan of Hanoi. 

They also review planning of public service delivery units, amend and supplement economic, technical norms in different fields as basis to release the prices of online public services, gradually change the way of support for public service delivery units and reduce assistance from state budget.
Reactions:
Share:
Trending
Most Viewed
Hanoi gears up for a vibrant 2026 Countdown

Hanoi gears up for a vibrant 2026 Countdown

With the energy of thousands gathering in Hanoi downtown, the Countdown 2026 promises to be an unforgettable way for people to welcome the New Year.

Hanoi launches AI-powered traffic control center for traffic violations

Hanoi launches AI-powered traffic control center for traffic violations

The system automatically detects common violations, significantly reducing the need for traffic police to be deployed directly on the streets while improving accuracy and transparency in traffic management.

Hanoi plans 10,000-hectare urban megacity with world-class stadium

Hanoi plans 10,000-hectare urban megacity with world-class stadium

The stadium’s design draws inspiration from Dong Son bronze drums and the Lac bird motif, symbolizing Vietnam’s aspiration to rise.

Hanoi greenlights Olympic sports city and Red River boulevard to drive next growth phase

Hanoi greenlights Olympic sports city and Red River boulevard to drive next growth phase

The approval of two landmark projects underscores Hanoi’s push to unlock new growth engines, reshape its urban structure and accelerate its ambition to become a green, smart and globally connected capital.

Hanoi targets 1,200 supporting industry firms by 2030

Hanoi targets 1,200 supporting industry firms by 2030

The city aims to enhance the competitiveness of the capital’s industrial sector by tightening cooperation with Vietnamese enterprises and multinational corporations operating in Vietnam.

Red River Boulevards shape Hanoi’s new growth axis

Red River Boulevards shape Hanoi’s new growth axis

The creation of a landscape boulevard can help Hanoi reconnect with its historic identity shaped by water and restore the river-based character that defined the city for centuries.

Hanoi moves to strengthen urban order and civility

Hanoi moves to strengthen urban order and civility

These include expanding public communication efforts, reorganizing and upgrading streets and sidewalks, maintaining a clean and orderly urban environment and carrying out strict inspections to address violations.

Hanoi honors 87 entities and buildings for using green energy

Hanoi honors 87 entities and buildings for using green energy

Enterprises adopted highly automated technologies in line with Industry 4.0 standards and all businesses in industrial parks, clusters, rural industries and craft villages will keep applying energy-efficient measures.