According to a report by the Ministry of Finance, total state budget revenue in April 2026 is estimated at 257.2 trillion VND (9.8 billion USD); cumulative revenue in the first four months is estimated at 1,114 trillion VND (42.3 billion USD), equivalent to 44.0% of the annual estimate and up 15.2% compared with the same period last year. Of this, domestic revenue in April is estimated at 224 trillion VND (8.5 billion USD); cumulative domestic revenue for the first four months of 2026 is estimated at 991 trillion VND (37.6 billion USD), equivalent to 45.0% of the annual estimate and up 17.4% year on year.
Revenue from crude oil in April is estimated at 5.5 trillion VND (208.8 million USD); cumulative revenue for the first four months of 2026 is estimated at nearly 17.0 trillion VND (645.5 million USD), equivalent to 39.5% of the annual estimate.
Balanced revenue from import and export activities in April is estimated at 27.6 trillion VND (1.05 billion USD); cumulative revenue for the first four months of 2026 is estimated at 105.4 trillion VND (4 billion USD), equivalent to 37.9% of the annual estimate.
The Ministry of Finance noted that although revenue collection has maintained relatively good progress against estimates and year-on-year growth, negative impacts from the Middle East conflict on business production and operations, combined with the implementation of fiscal measures — such as reductions in environmental protection tax, value-added tax, excise tax, and various fees on petrol, oil, and aviation fuel to promptly respond to emerging challenges — have begun to affect state budget revenue. Overall and in several revenue categories and tax types, both the pace of meeting estimates and growth rates are lower than in the same period last year.
To support businesses and citizens in overcoming difficulties in production and business activities and to promote socio-economic development, tax, fee, and charge exemptions and reductions have continued to be implemented. These include newly issued policies under Decision No. 482/QD-TTg (dated March 26, 2026) by the Prime Minister and Resolution No. 19/2026/QH16 (dated April 12, 2026) of the National Assembly on reducing environmental protection tax, value-added tax and excise tax on petrol, oil, and aviation fuel. The total amount of tax and fee reductions in the first four months of the year is estimated at around 57.9 trillion VND (2.2 billion USD).
Meanwhile, total state budget expenditure in April is estimated at 143.9 trillion VND (5.46 billion USD), withcumulative expenditure for the first four months of 2026 estimated at 668.2 trillion VND (25.4 billion USD), equivalent to 21.2% of the annual estimate and up 11.6% compared with the same period last year.
Overall, state budget expenditure in the first four months has met the requirements for socio-economic development, national defence and security, state management, and repayment of due debts, while ensuring timely payment of salaries, pensions, and social benefits from the state budget, effectively implementing social welfare policies.
Accordingly, the balance of the central budget and local budgets at all levels has been ensured. As of 28 April 2026, a total of 106.3 trillion VND (4 billion USD) in government bonds had been issued, with an average maturity of 10 years and an average interest rate of 4.08% per annum.
