Key Achievements

• Exceeding Revenue Targets: Total domestic revenue in 2024 is estimated at VND 373,572 billion, surpassing the annual target by 106.2% and increasing by 14.1% compared to the same period in 2023.
• Strong Digital Transformation: The tax sector has promoted the application of information technology in tax management, especially in the field of e-commerce.
• Effective Coordination: The Tax Department has collaborated closely with other agencies to enhance revenue management and prevent revenue loss.
• Business Support: The Tax Department has implemented numerous policies to support businesses, especially small and medium-sized enterprises.

Challenges and Solutions

However, alongside these successes, the Ho Chi Minh City Tax Department also faces challenges such as:

• Global Economic Fluctuations: The global economic fluctuations are still volatile, affecting the production and business activities of enterprises.
• Tax Evasion: Tax evasion and illegal invoice trading persist.
• Demand for Innovation: The tax sector needs continuous innovation to adapt to the development of the digital economy.

To address these challenges, the Ho Chi Minh City Tax Department has proposed several solutions:

• Strengthening Inspection and Audit: Focusing on high-risk areas, detecting, and strictly handling violations of tax laws.
• Promoting Digital Transformation: Applying information technology to all stages of tax management, facilitating taxpayers and improving work efficiency.
• Close Coordination with Other Agencies: Strengthening cooperation with law enforcement and customs agencies to combat tax evasion and protect state budget revenue.

Looking Ahead

In the coming period, the Ho Chi Minh City Tax Department will continue to focus on the following tasks:

• Exceeding the 2025 revenue budget plan.
• Promoting administrative procedure reform, creating favorable conditions for taxpayers.
• Enhancing the capacity of officials and employees.
• Building a professional and efficient working environment.

Conclusion

With the achievements made and future orientations, the Ho Chi Minh City Tax Department is increasingly affirming its important role in stabilizing the macroeconomy and ensuring state budget revenue.