“Budget revenue increased 280 times compared to 1995” is what I heard someone say about Nhon Trach District. Yes. We are standing in front of the Nhon Trach District Tax Office. It plays a crucial role in the district’s economic growth.
Nhon Trach is a rural district of Dong Nai province in Vietnam. It has transformed into a modern industrial hub. The Nhon Trach District Tax Office is at the heart of this change.
Established in 1994 Nhon Trach has seen rapid development. The district Party Committee People’s Council and People’s Committee all contribute. They ensure smooth operations for businesses.
Nhon Trach now boasts the most industrial parks in Vietnam. Nine out of ten industrial parks are operational. This has significantly boosted the local economy.
Since 1994 Nhon Trach’s GRDP has increased rapidly. This is due to the shift to industrial and service development. This structural change has transformed the local economy.
Budget revenue has increased significantly. In 2000 the district’s total budget revenue was nearly 31.2 billion VND. By 2022 it reached 1185 billion VND. Nhon Trach’s tax office has been instrumental in this growth.
Nhon Trach is strategically located. It borders the Saigon River and is near Ho Chi Minh City Dong Nai and Ba Ria Vung Tau. This attracts many investors domestic and foreign.
Nhon Trach 1 Industrial Park established in 1998 was a foundation for economic development. By 2020 it reached a 100% occupancy rate. Investors from Korea Taiwan Switzerland Malaysia France and America have invested here.
With many industrial parks Nhon Trach has attracted many workers. More than 5000 experts live and work here. Residential areas have formed around Hiep Phuoc Long Tho and Phuoc Khanh towns. An administrative center a new urban area and a commercial strip have emerged.
Nhon Trach aims to become a satellite urban area of Ho Chi Minh City. Traffic infrastructure is being invested to match this development. Projects like Ring Road 3 and road 25B are underway. Road 319 connects Ho Chi Minh City Long Thanh and Dau Giay expressway.
In the coming years Nhon Trach will see socio-economic breakthroughs. Long Thanh International Airport will commence operations. The Ben Luc Long Thanh expressway will be completed.
Nhon Trach is oriented to develop into an industrial urban area a port city in the future. By 2025 Nhon Trach aims to meet all the criteria of a grade III urban area. It plans to establish itself as a city and achieve basic criteria of a class II urban area by 2030.
Ong Con islet has transformed into a high-class tourist and resort urban area. It has entertainment areas restaurants and golf courses. This attracts many tourists.
Nhon Trach will focus on developing the aviation industry high technology and high-quality services. It will deepen participation in regional and global value chains.
Compared to other districts in Dong Nai province Nhon Trach has the highest total budget revenue. Every year the budget revenue rate increases by about 20%. In 2023 the district’s total budget revenue was over 13 trillion VND. This accounts for nearly 20% of the province’s total budget revenue.
Nhon Trach District Tax Office plays a vital role in supporting businesses. It helps remove difficulties and promotes economic development. This tax office truly drives Nhon Trach’s success.