State budget revenue rises 13.1% in first two months of 2026

State budget revenue in the first two months of the year reached 601.3 trillion VND (22.93 billion USD), equivalent to 23.8% of the year’s estimate and up 13.1% compared to the same period in 2025, according to the Ministry of Finance. Budget spending continued to be ensured according to the approved plan.

State budget revenue in the first two months of the year reaches 601.3 trillion VND (22.93 billion USD), equivalent to 23.8% of the year’s estimate (Illustrative image)
State budget revenue in the first two months of the year reaches 601.3 trillion VND (22.93 billion USD), equivalent to 23.8% of the year’s estimate (Illustrative image)

Domestic revenue accounted for 558.1 trillion VND (around 21.29 billion USD), or 25.4% of the estimate, marking a 15% year-on-year increase. Revenue from crude oil reached approximately 5.1 trillion VND (about 194.51 million USD), 11.9% of the target, down 42.2% compared to the same period last year. Balanced revenue from import-export activities stood at 38 trillion VND (around 1.45 billion USD), 13.7% of the estimate, up 1.2% year-on-year.

Total state budget expenditure in the first two months is estimated at 311 trillion VND (11.86 billion USD), 9.8% of the year’s plan, up 11% from the same period in 2025. Of this, development investment spending reached 42.5 trillion VND (about 1.62 billion USD), 3.8% of the National Assembly-approved estimate, with disbursement estimated at 4.3% of the development investment plan assigned by the Prime Minister. Interest payments accounted for 22.3% of the estimate, and regular expenditure 13.3%.

Budget spending priorities during this period were implemented according to plan, supporting socio-economic development, national defence and security, state management, debt servicing, and social welfare for salary earners, pensioners, and beneficiaries of social assistance policies, ensuring a smooth Lunar New Year celebration.

Additionally, 15,527 tonnes of rice were released from the national reserve under the Prime Minister’s decision to provide relief and famine support during the Tet and early-year period.

The Ministry of Finance confirmed that revenue balance between the central and local budgets was maintained. By the end of February, 60.5 trillion VND (around 2.31 billion USD) in government bonds had been issued, with an average maturity of 10.03 years and an average interest rate of 4.05% per annum.

NDO
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