Ninh Binh determined to exceed state budget revenue target in 2026

According to the report, total state budget revenue in Ninh Binh reached over 30.33 trillion VND (1.15 billion USD) as of May 31, 2026, equivalent to 43.3% of the target assigned by thegovernment. Of the total, domestic revenue (excluding land-use fees and lottery proceeds) amounted to 20.13trillion VND, fulfilling 61.7% of the annual target, while revenue from import-export activities reached 2.65trillion VND, accounting for 52.1% of the assigned estimate. Both domestic revenue and import-export revenue exceeded the collection schedule set for the first five months of the year.

Based on the results achieved during the January May period, Ninh Binh is projected to collect approximately 75.89trillion VND in state budget revenue in 2026, equivalent to 108.3% of the government’s annual target. Domestic revenue, excluding land-use fees and lottery proceeds, is estimated at 38.44trillion VND, or 117.9% of the assigned target.

At the conference, delegates analysed the province’s major revenue-generating sources while assessing challenges and opportunities amid increasing economic growth requirements and the urgent need to strengthen fiscal autonomy.

One of Ninh Binh’s key objectives is to achieve a balanced local budget by 2028. To meet this goal, the province aims to increase revenue from taxes, fees and other sources to approximately 65.33trillion VND by 2028, excluding income from land-related revenues and lottery operations.

Under the roadmap, budget revenues will need to maintain strong growth over the next two years, providing a solid foundation for development investment, social welfare programs and other strategic priorities.

To realise this target, the province plans to continue implementing comprehensive measures to broaden the tax base, prevent revenue losses and improve tax administration efficiency.

Authorities also identified the effective utilization of land resources, accelerated site clearance, streamlined investment procedures and support for businesses and key projects as critical tasks to ensure stable and sustainable revenue growth.

Sectors with significant revenue potential, including industry, tourism, trade and services, import-export activities and urban development, will continue to serve as major drivers of budget growth in the coming years.

Concluding the conference, Chairman of the Ninh Binh People’s CommitteeNguyen Thanh Binh commended the efforts of tax authorities, customs agencies and local departments for achieving budget revenue results that surpassed the planned schedule during the first five months of the year.

He emphasised that achieving fiscal self-sufficiency by 2028 remains one of the province’s most important goals, requiring leaders at all levels to take greater responsibility in identifying both the growth potential and bottlenecks associated with each revenue source in order to formulate effective development and collection strategies.

Binh also called for stronger communication of new tax policies, enhanced tax management of household businesses, and more effective measures to combat revenue losses. At the same time, he encouraged household businesses to transition into formal enterprises.

The Chairman instructed customs authorities to proactively implement solutions to maintain and expand revenue from import-export activities. Ninh Binh remains committed to surpassing its state budget revenue target in 2026 while steadfastly pursuing fiscal self-sufficiency by 2028, thereby creating a solid financial foundation for the province’s next stage of development., he stressed./.