State budget collection in the first half of this year was estimated at over 335 trillion VND (15.7 billion USD), up14.5 percent over the same period last year.

The sum represents 53.7 percent of the whole year’s estimate, according to the Ministry of Finance’s General Department of Tax.

The achievement was attributed to the sector’s efforts to facilitate tax declaration by firms.

The department has worked with the Bank for Investment and Development of Vietnam (BIDV) piloted an e-tax collection system in Hanoi, and Vinh Phuc and Bac Ninh provinces in a bid to reduce tax filling duration.

Over 200 businesses have to date contributed 115 billion VND to the State coffer via the system.

Online tax declaration has been boosted in all 63 provinces and cities with the involvement of over 366,900 firms.

In addition, more than 90 trillion VND of tax has been collected through 20 commercial banks across the country.-VNA