Hanoi is estimated to collect a total of 46.3 billion VND (2.17 billion USD) to the state budget in the first quarter of this year, a 10.6 percent annual increase, according to the city’s Department of Statistics.

The figure, the highest since 2012, represents 27 percent of the yearly target.

Meanwhile, the local budget revenue reached 16.2 billion VND (760 million USD), meeting 28.7 percent of the yearly plan.

The municipal Tax Department has taken measures to intensify budget collection, including administrative procedural reforms and expansion of online tax declaration, said Nguyen Thi Hai Yen, Head of the Department’s Communication and Support Office.

The Department is also continuing to improve online tax services with a view to simplify procedures for taxpayers.-VNA