The implementation results of socio-economic development plans in 2024 and the first months of 2025 are among issues under discussion on June 17.

Vietnam’s tax sector reported state budget revenue of over 1 quadrillion VND in the first five months of 2025, equivalent to 58.5% of this year's estimate and representing a year-on-year increase of 28.6%

Hanoi 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.

The resolution aims to stimulate consumption in line with the current economic context, thus supporting citizens and businesses; boosting production, trade, tourism, and domestic consumption, thereby contributing to the State budget and the national economy, towards implementing the five-year socio-economic development plan in 2021–2025, annual development goals, and the economic restructuring plan in 2021 – 2025; and creating momentum for economic growth in the next five years.

To meet the 2025 revenue target of 411 trillion VND, a 9.6% rise from 2024, the department has instructed regional customs offices to implement measures to boost revenue tailored to local conditions while preventing budget losses.

Of the total, domestic revenue reached some 646.3 trillion VND, fulfilling 38.7% of the target, and rising 34.5% annually.

The 7.51% growth in Q1 was an encouraging sign, but this figure also indicates numerous challenges to the city's efforts to achieve its annual growth target of 8.5–10%.

The disbursed investment from the State budget is estimated at 1.48 billion USD in February, up 36.5% from the same period last year, according to the National Statistics Office under the Ministry of Finance.

Central budget revenue stood at 28.04% of the target, while local budget revenue hit 30.46%.

Between December 15, 2024 and February 14, 2025, 2,440 customs law violations were detected, with the estimated value of confiscated goods amounting to 2.79 trillion VND. Authorities referred 19 cases for prosecution, contributing an additional 133.19 billion VND to the state budget.

After the Lunar New Year (Tet) holiday, ministries, sectors, and localities have focused on accelerating the investment projects funded by the State budget.

The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.

The Vietnamese Government is aiming for the drastic, concerted and effective implementation of solutions to practice thrift and combat wastefulness in 2025 as outlined in its newly-issued comprehensive programme on these works.

Measures to alleviate difficulties for enterprises and citizens in 2024 proposed by the Ministry of Finance including tax and fee reduction and exemption represented an estimated value of 191 trillion VND (7.49 billion USD), the ministry reported on December 31.

Vietnam's total state budget revenue for 2024 is projected to surpass 2.02 quadrillion VND (approximately 79.24 billion USD), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance.

The Ministry of Home Affairs has estimated that about 130 trillion VND (5.1 billion USD) is required to implement policies and benefits for officials, civil servants, public employees, and workers as part of the scheme to streamline the political system’s organisational apparatus.

Vietnam’s tax sector has collected a record-high revenue of 1.7 quadrillion VND (66.7 billion USD) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.

Prime Minister Pham Minh Chinh on December 1 signed an official dispatch demanding ministries, sectors, and localities to promote thrift practice and wastefulness combat.

Prime Minister Pham Minh Chinh has signed an official dispatch, urging the acceleration of state budget collection, particularly from land-related sources, in the final month of 2024, aiming to achieve the highest possible state budget revenue, laying a strong foundation for successfully implementing socio-economic tasks for 2025 and the 2026-2030 period.

State budget collection from import and export activities surged 14.5% year-on-year to nearly 346.3 trillion VND (13.7 million USD) in the first 10 months of 2024, reaching 92.3% of the annual target, the General Department of Vietnam Customs reported on November 7.