In 2025, despite numerous objective and subjective challenges, many localities across Vietnam achieved remarkable economic and social results. Notably, national budget revenues in several provinces reached unprecedented records.
To accomplish this, local governments accelerated their efforts, closely monitoring revenue sources to maximize outcomes. According to information from provincial and city e-portals, many localities in 2025 recorded historic national budget revenues, particularly those with revenues exceeding 100 trillion VND.
Leading the nation, Ho Chi Minh City reported total national budget revenues surpassing 800 trillion VND by December 31, 2025, exceeding the central government’s estimate by 19.1% and the city’s People’s Council target by 14.7%. This marks the first time in history that Ho Chi Minh City’s national budget revenues have exceeded 800 trillion VND.
With total national budget revenues of over 704.5 trillion VND in the past year, Hanoi ranked second nationwide, achieving 137.1% of its target and a 37.1% increase compared to the same period last year. This is Hanoi’s highest revenue to date. Previously, in 2024, Hanoi’s budget revenues first surpassed half a trillion VND. Domestic revenues totaled 662.281 trillion VND, import-export revenues reached 38.897 trillion VND, and crude oil revenues were 2.483 trillion VND.
Together, Ho Chi Minh City and Hanoi lead the nation with combined revenues exceeding 1.5 quadrillion VND.
The “Golden List” of national budget revenues exceeding 100 trillion VND includes 5 provinces and cities.
Alongside the top two localities, Hai Phong, Dong Nai, and Hung Yen are the three other provinces with revenues surpassing 100 trillion VND.
Specifically, Hai Phong achieved a historic milestone for its financial sector, with total national budget revenues exceeding 190.3 trillion VND, surpassing the target by 34.8%. Notably, Hai Phong’s domestic revenues reached a historic high of 103.879 trillion VND, propelling the port city into the nation’s top three for domestic budget revenues.
Ranking fourth, Dong Nai demonstrated impressive growth in budget collection, with total revenues exceeding 101.4 trillion VND, achieving 144% of the target set by the Prime Minister and 136% of the Provincial People’s Council’s target, thus surpassing the 100 trillion VND goal set by the Provincial Party Committee.
Meanwhile, Hung Yen became the fifth locality nationwide to reach the 100 trillion VND revenue milestone, with total revenues exceeding 100.2 trillion VND, achieving 181% of its assigned target. Domestic revenues reached 93.720 trillion VND, import-export revenues were 6.346 trillion VND, and other revenues totaled 233 billion VND. Twelve out of sixteen revenue categories and taxes exceeded their targets.
According to the plan, in 2026, Vietnam aims to increase national budget revenues by at least 10% compared to the estimated 2025 figure, reaching 2,529.467 trillion VND. Domestic revenues are expected to account for the largest share at 2,199.967 trillion VND, crude oil revenues at 43 trillion VND, import-export balance revenues at 278 trillion VND, and aid revenues at 8.5 trillion VND.
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