#budget revenue
A ceremony honouring Viet Nam’s largest State budget contributors in 2026 was held in Ha Noi on September 15. Of the 200 enterprises with the largest State budget contributions, 99 are private enterprises, 73 are State-owned enterprises, and 28 are FDI or joint-venture enterprises.
State budget revenue for the first eight months of 2026 rose by 16% year-on-year, exceeding 2 quadrillion VND. This robust outcome materialised despite approximately 209.2 trillion VND in taxes, fees, and land rental payments were exempted, reduced, or deferred to support citizens and businesses.
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.
Ho Chi Minh City recorded State budget revenue of nearly 781.6 trillion VND (29.74 billion VND) by December 30, 2025, significantly surpassing targets set by both the Government and the municipal People’s Council, according to figures announced on December 30.
Total revenue managed by tax authorities reached approximately 2.15 quadrillion VND (81.7 billion USD) as of December 14, exceeding the estimate by 25% and fulfilling the State budget revenue task in line with the Prime Minister’s directives.
The Ha Noi People’s Council has passed 11 key resolutions to ensure the effective operation of the two-tier local government model, which officially took effect from July 1, 2025.
Ha Noi recorded strong performance in five-month revenue from domestic sources, which reached 346.9 trillion VND to account for 73.2% of the annual target and mark a 55.4% year-on-year increase.
