Ha Noi achieves 2026 budget revenue target by end of October

Meanwhile, local budget expenditure stood at 195.7 trillion VND (7.5 billion USD), equivalent to 82.9% of the annual estimate and up 83.1% from the same period in 2025.

According to Ha Noi Statistics, the city's state budget revenue and expenditure management delivered positive results in the first 10 months of 2026, helping ensure major fiscal balances and maintain national financial discipline.

Ha Noi's budget revenue reached 652.2 trillion VND (24.9 billion USD) in the first 10 months of 2026. Of this, domestic revenue amounted to 611 trillion VND (23.3 billion USD), exceeding the estimate by 0.2% and rising 10.4% year on year.

Revenue from crude oil totalled 2.9 trillion VND (111 million USD), equivalent to 82.2% of the annual estimate and up 28.8%. Revenue from import and export activities reached 37.1 trillion VND (1.4 billion USD), equivalent to 101.3% of the estimate and up 20%.

Several major sources of domestic revenue recorded strong growth. Revenue from state-owned enterprises stood at 71.8 trillion VND (2.7 billion USD), equivalent to 85.9% of the estimate and up 5.2% year on year.

Revenue from foreign-invested enterprises reached 39.9 trillion VND (1.5 billion USD), equivalent to 94.5% of the estimate and up 34.1%, while revenue from non-state enterprises totalled 148.8 trillion VND (5.7 billion USD), reaching 104.4% of the estimate and increasing 26.4%.

Personal income tax revenue amounted to 53.8 trillion VND (2.1 billion USD), equivalent to 77.5% of the estimate, down 0.2%. Revenue from land-use levies reached 98.3 trillion VND (3.8 billion USD), equivalent to 118.7% of the estimate and up 9.8%.

Local budget expenditure was estimated at 195.7 trillion VND (7.5 billion USD) by the end of October 2026, equivalent to 82.9% of the annual estimate and up 83.1% year on year.

Ha Noi Statistics also reported that banking credit activities in the city had met the capital needs of businesses and residents, supporting the maintenance and expansion of production, business and trade and service activities, promoting the city's socio-economic growth and contributing to higher budget revenue.

By the end of October 2026, the city's total outstanding credit was estimated at 6,768 trillion VND (258.5 billion USD), up 2.90% from the previous month and 17.17% from the end of 2025.

Regarding deposits, total funds mobilised by credit institutions in the city were estimated at 7,925 trillion VND (302.7 billion USD) by the end of October 2026, up 1.34% from the previous month and 11.93% from the end of 2025.