Of this, revenue from crude oil was 4,000 billion, reaching 7.5% of the estimated target and 90.5% of the same period; domestic revenue was 113.6 billion VND, equal to 6.8% of the estimate and 120.1% of the same period.
Accumulated over nine months, State Budget revenue increased by an estimated 32% year-on-year, with domestic revenue at 133.7% of the same period. By category and tax type, 15 out of 19 were relatively high (over 82%) compared to the estimate, and 14 out of 19 recorded year-on-year growth.
Revenue from the production and business sector was estimated at 707.04 billion VND, reaching 85.9% of the estimate, up 116.6% year-on-year, accounting for about 42.9% of the total revenue. Revenue from dividends and remaining profit contributed 58.29 billion VND (achieving 76% of the estimate and 134% year-on-year). Land-related revenue reached 409.12 billion VND (139.6% of the estimate, 218.2% year-on-year). Other taxes and revenue totalled 387.47 billion VND (88.5% of the estimate, 118.7% year-on-year).
Accumulated over nine months, State Budget revenue increased by an estimated 32% year-on-year, with domestic revenue at 133.7% of the same period.
From the beginning of the year, the Tax Department noted that the economy still faces many difficulties, challenges, and complex changes. The global economic environment continues to be unstable due to prolonged geopolitical conflicts, increasing strategic competition between major powers, protectionism, and tariff policy adjustments of major economies such as the US, putting pressure on international trade and investment, posing risks to global economic growth.
Domestically, some growth-driving forces such as public investment and domestic consumption have not fully tapped their potential, and people’s consumer power recovery remains uneven. However, thanks to the consensus of the political system, businesses, and people, the domestic economy has continued to maintain a positive recovery trend and achieved many notable results, providing a foundation for the tax sector to fulfil its State Budget collection tasks in 2025.
In the context where both world and domestic economies present advantages and challenges, the rapid development of the digital economy, e-commerce, cross-border business and the shift to new, flexible, non-traditional business models have posed increasing requirements for tax management, particularly in controlling potential revenue sources. At the same time, it is essential to effectively implement tax exemptions and reductions to support people and businesses in recovering and developing production and business, contributing to economic growth.
In response, following guidance from the Ministry of Finance, the tax sector quickly brought exemption, reduction and deferral policies into practice, facilitating taxpayers. Besides supporting measures, the tax sector has also taken the initiative in implementing modern tax collection management solutions, tightened revenue control, strengthened measures against tax losses and arrears, and actively tapped potential revenue sources, thereby increasing resources for the State Budget. In addition, the tax sector has also been active in streamlining and reorganising in line with reform and modernisation requirements, creating a firm foundation for task implementation in the new situation.
Thanks to determination and comprehensive solutions, State Budget collection in 2025 has achieved positive results, significantly contributing to ensuring fiscal balance, macroeconomic stability, and creating fiscal space for sustainable socio-economic development.
This result reflects a combination including factors of steady economic growth, decisive directions of the Government and Ministry of Finance to stimulate growth, strengthening public investment and flexible fiscal and monetary policies, as well as businesses’ recovery and people’s efforts.
The comprehensive implementation of measures for economic recovery and development, efforts to meet the 2025 growth target, proactive and timely management of expansionary fiscal policy have provided important support for businesses and people to overcome difficulties, resume production and business, contributing to macroeconomic stability, inflation control, and economic growth.
In particular, addressing obstacles in investment, planning, and land clearance has mobilised land resources in a timely manner for the State Budget. Closely following guidance from the Ministry of Finance, the tax sector has quickly and effectively implemented tax exemption and reduction policies, ensuring the right people and timelines. Thereby, it not only supports economic growth, but also creates the foundation for tax agencies to effectively carry out their task of State Budget revenue collection, contributing to sustainable revenue growth in the first six months of 2025.
Besides, the tax sector has promoted automation, reformed administrative procedures, and improved e-services such as tax refunds, tax payments, and e-invoices. Tax collection management has been reinforced, especially in areas with significant potential such as e-commerce, digital platforms, food and accommodation services, and mining, contributing to increased budget revenue in 2025.
State Budget revenue from organisations and individuals engaging in e-commerce and other digital economy activities in the first nine months of 2025 reached 145.6 trillion VND (including traditional business, e-commerce, and other digital economy activities), up 57% year-on-year.
Among these, 176 foreign suppliers have registered, declared, and paid tax via the electronic portal, with tax payments totalling 8.9 trillion VND in the first nine months of 2025, up 42% year-on-year. Additionally, 162,000 business households and individuals have registered, declared, and paid tax via the electronic portal, contributing nearly 2.12 trillion VND, up 3.9% compared to August 2025.
Upholding its experience and achievements in previous years, the Tax Department has closely directed and managed tax collection. Every quarter, the tax sector organises online meetings to monitor business health, capture developments in production and business, and promptly identify and report difficulties for timely resolution.
Based on analysis of the economy, the impacts of challenges and opportunities on State Budget revenue, the production and business situation, and support policies, the tax sector has evaluated revenue capacity, allocated State Budget collection targets appropriately for localities. At the same time, it has sought to improve policy analysis, forecasting, and response capacity, ensuring early, decisive, and timely implementation of solutions, thereby supporting businesses, promoting growth, and increasing State Budget revenue.
