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The People’s Committee of Ninh Binh province recently convened a conference to review the implementation of state budget revenue collection in 2026 and discuss key measures aimed at achieving fiscal self-sufficiency by 2028.
Ninh Binh province has set a state budget revenue target of over 80.2 trillion VND (3.05 billion USD) in 2026, said Deputy Director of the provincial Department of Finance Dang Thai Son.
Vietnam’s total state budget revenue in 2025 is expected to exceed 2.38 quadrillion VND (90.34 billion USD), up nearly 17% from 2024.
Domestic revenue, excluding crude oil, contributed more than 1.72 quadrillion VND, exceeding the estimate by 3.31%, while revenue from import-export reached 249.22 trillion VND, exceeding the estimate by 6.05% after deducting VAT refunds. Revenue from crude oil totaled 39.04 trillion VND, equal to 73.38% of the estimate.
A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.
Vietnam’s state budget revenue had reached 574.4 trillion VND (22.5 billion USD) as of March 11, surging 38.2% year-on-year and achieving 29.2% of the annual target, the Ministry of Finance reported. Vietnam’s state budget revenue reaches 574.4 trillion VND (22.5 billion USD) as of March 11. (Photo: VNA)
