Hanoi aims to further improve the local taxation procedure in a bid to fufill budget collection targets of this year.

During a working session with the Hanoi Taxation Department on July 1, Deputy Minister of Finance Do Hoang Anh Tuan urged the Department to boost the application of information technology and online procedures to facilitate the tax payment process.

He also stressed the need for a data base on taxpayers connecting all tax bureaus to facilitate the monitoring of tax collection.

The deputy minister put particular emphasis on reforming administrative procedures relating to taxation, saying that it contributes to improve the local business climate and enhance the competitiveness of the capital city.

According to Deputy Director of the Department Thai Phuc Tien, total tax collection in Hanoi is estimated at 66.24 trillion VND (3.1 billion USD) in the first half of this year, up 13.4 percent from the same period last year.

The Department aims to surpass this year’s target by 6 trillion VND (280.37 million USD) to make up for the shortage in 2013 and to fulfill the five-year target between 2010-2015.-VNA