Thanh Hoa Invests Over VND 4,414 Billion in Developing Transportation System
During the 2021-2025 period, Thanh Hoa will invest more than VND 4,414 billion to improve its transportation infrastructure, enhancing connectivity to create a breakthrough, contributing to promoting the economic development of the locality and the whole region.
In which, focusing on key projects: “Road connecting National Road I with National Road 45 from Hoằng Xuân commune, Hoằng Hoá district to Thiệu Long commune, Thiệu Hoá district”, “Vạn Thị road to En wharf”, “Traffic road from Bỉm Sơn industrial park to Nga Sơn- Hoằng Hoá coastal road” and the coastal road project of Nga Sơn- Hoằng Hoá section.
In just three months, the Vung Tau - Binh Chau coastal road, designed for speeds of up to 80 km/h, will connect popular beach tourism hubs with the Cai Mep - Thi Vai port cluster.
This year, for the first time, the budget revenue reached an impressive figure of over 1.7 quadrillion VND, surpassing the 2023 figure by 13.7%. Despite this remarkable achievement, there are still underlying issues with the budget revenue, including an outdated personal income tax policy that poses the risk of tax losses.