Local authorities said the 2025 revenue performance provides a critical springboard for the city to enter its next development phase with higher expectations, as it seeks to meet ambitious fiscal targets in 2026 and beyond.
The year 2025 marked a pivotal stage for Vietnam’s economy, concluding the 2021–2025 socio-economic development plan while laying the groundwork for a new growth strategy. Despite global uncertainties, Vietnam posted strong results, underscoring effective macroeconomic management and a clear repositioning of growth drivers.
The structure of the revenue continues to shift towards sustainability, with the production and business sector playing a leading role.
Statistics showed that total import–export value in the January–November period reached 839.78 billion USD, an increase of 17.2% year on year, or 123.41 billion USD.
Vietnam’s state budget revenue from import-export activities reached over 261.37 trillion (9.97 billion USD) in the first seven months of 2025, equivalent to 63.6% of the annual estimate and 55.6% of the targeted goal, marking a 9.1% increase year-on-year, the Department of Customs reported.
On July 6, Prime Minister Pham Minh Chinh issued a dispatch pushing for a 20% state budget revenue increase over 2025 projections, urging the Finance Ministry to tighten tax enforcement and tap e-commerce, food services and emerging economic areas for revenue growth.
A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.
The surge was largely driven by domestic revenue, which reached 373.9 trillion VND, meeting 77.5% of the yearly projection and rising 52.7% year-on-year.
Vietnam's trade balance in the first half of 2025 is estimated to show a surplus of 7.19 billion USD, a 40.6% decline compared to the figure recorded in the same period last year.
The second meeting of the Central Steering Committee for the Development of Science, Technology, Innovation and Digital Transformation, Prime Minister Pham Minh Chinh's dialogue with ASEAN businesses, and the political consultation between Vietnam and Kazakhstan are among news highlights on March 4 evening.
Deputy Prime Minister Ho Duc Phoc spoke to the Vietnam News Agency (VNA) about the outstanding results in implementing financial and budgetary tasks in 2024 as well as solutions for 2025.
Hanoi’s total state budget revenue from January-November reached 447.2 trillion VND (17.6 billion USD), surpassing the yearly estimate by 9.5% and marking an 18.3% year-on-year increase, according to the municipal People’s Committee.
The state budget revenue topped 1.8 quadrillion VND (71 billion USD) in the first 11 months of this year, equivalent to 106.3% of this year's target and up 16.1% from the same period in 2023, the Ministry of Finance reported on December 4.
With 428 out of 430 legislators present at the sitting voting in favour, the National Assembly (NA) approved a Resolution on state budget estimates for 2025 at its ongoing 8th session in Hanoi on November 13 morning.
Hanoi aims to exceed its 2024 state budget revenue target by over 10%, according to a directive signed by Chairman of the Hanoi People’s Committee, Tran Sy Thanh.
The state budget revenue in the first seven months of this year was estimated at 1.18 quadrillion VND (46.69 billion USD), equivalent to 68.9% of the yearly projection and up 14.6% year-on-year.
Total state budget revenue from import-export activities reached almost 165.7 trillion VND (nearly 6.63 billion USD) in the first five months of 2024, equivalent to 44.2% of the assigned estimate and marking 7.4% growth compared to the same period last year.
Prime Minister Pham Minh Chinh chaired a meeting in Hanoi on May 16 with ministries and agencies to discuss the coordination of fiscal and monetary policies aimed at maintaining macroeconomic stability, controlling inflation and promoting growth.
