State budget revenue projected to rise nearly 17% in 2025
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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.
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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.
Ninh Binh’s state budget revenue exceeded 47.66 trillion VND (approximately 14.2 billion USD) in the eight months of 2025, meeting 62.4% of the full-year target and soaring 76% compared to the same period in 2024.
Viet Nam’s state budget revenue soared to over 1.572 quadrillion VND (60.4 billion USD) in the first seven months of 2025, hitting 79.9% of the annual target and jumping 27.4% year-on-year, according to the Ministry of Finance.
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)
Though facing numerous difficulties and challenges in 2024, Ninh Binh’s total state budget revenue reached over 20 trillion VND (836 million USD), a year-on-year increase of 24.8% and surpassing the estimate by 8.3%.Though facing numerous difficulties and challenges in 2024, Ninh Binh’s total state budget revenue reached over 20 trillion VND (836 million USD), a year-on-year increase of 24.8% and surpassing the estimate by 8.3%.Photo for illustration.
Vietnam's total state budget revenue for 2024 is projected to surpass 2.02 quadrillion VND (approximately 79.24 billion USD), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance. Ilustrative image.
