State budget revenue rises over 13% in first two months

Of the total, domestic revenue reached 558.1 trillion VND, fulfilling 25.4% of the estimate and increasing 15% compared with the same period last year.

Illustrative Image (Photo: VNA)
Illustrative Image (Photo: VNA)

Hanoi (VNA) – Vietnam’s state budget revenue in the first two months of 2026 was estimated at 601.3 trillion VND (about 24.4 billion USD), equivalent to 23.8% of the annual estimate and up 13.1% year-on-year, according to the Ministry of Finance.

Of the total, domestic revenue reached 558.1 trillion VND, fulfilling 25.4% of the estimate and increasing 15% compared with the same period last year. Revenue from crude oil was estimated at 5.1 trillion VND, equal to 11.9% of the estimate and down 42.2% year-on-year. Meanwhile, revenue from import-export activities was estimated at 38 trillion VND, equivalent to 13.7% of the estimate and up 1.2% from a year earlier.

State budget expenditure in the two-month period was estimated at 311 trillion VND, accounting for 9.8% of the annual estimate and rising 11% year-on-year.

Development investment spending reached an estimated 42.5 trillion VND, equivalent to 3.8% of the estimate approved by the National Assembly, with disbursement estimated at 4.3% of the development investment plan assigned by the Prime Minister. Interest payments accounted for about 22.3% of the estimate, while regular spending reached roughly 13.3%.

According to the ministry, budget spending during the period met requirements for socio-economic development, national defence, security, public administration and debt repayment, while ensuring salaries, pensions and social allowances, as well as social welfare policies during the Lunar New Year or Tet holiday.

In addition, 15,527 tonnes of rice from national reserves were distributed under the Prime Minister’s decision to support people facing food shortages during the Tet holiday and the between-crop season.

State budget balances at both central and local levels remained ensured. By the end of February, the government had issued 60.5 trillion VND worth of government bonds, with an average maturity of 10.03 years and an average interest rate of 4.05% per year./.

VNA

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