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State budget revenue increased by more than 28%

On July 10, the Ministry of Finance said that state budget revenue in the first 6 months reached 1,332.3 trillion VND, equal to 67.7% of the estimate, up 28.3% over the same period in 2024.

Báo Hải PhòngBáo Hải Phòng10/07/2025

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It is necessary to focus on strictly controlling budget revenue, budget expenditure and development investment expenditure to ensure the completion of the goals.

Of which, domestic revenue reached 1,158.4 trillion VND, equal to 69.4% of the estimate, up 33.3% over the same period; revenue from crude oil reached 24.6 trillion VND, equal to 46.3% of the estimate, down 16.7% over the same period (average payment price of oil for 6 months reached about 76.8 USD/barrel, equal to 81.9% over the same period); balanced revenue from import-export activities is estimated at 148.7 trillion VND, equal to 63.3% of the estimate, up 6.5% over the same period.

According to the Ministry of Finance , in the past 6 months, tax and customs authorities have strengthened management, expanded the tax base, stepped up the fight against revenue loss and closely coordinated with functional forces to inspect and handle violations. At the same time, the application of information technology and digital transformation of tax and customs management have also been promoted, contributing to improving the efficiency of budget collection.

Regarding state budget expenditure in the first 6 months, it reached 1,102.1 trillion VND, equal to 43.2% of the estimate, up 38.5% over the same period.

The balance of the central budget and local budgets is ensured. As of June 30, 2025, 201.4 trillion VND of government bonds have been issued, with an average term of 9.8 years and an average interest rate of 2.92%/year.

The Ministry of Finance also said that in the first 6 months of the year, no enterprise had its equitization plan approved by competent authorities and carried out divestment.

Regarding debt management and foreign finance, in the first half of 2025, the total debt repayment of the Government will be about 251.4 trillion VND; of which the debt repayment of the central budget will be about 239 trillion VND (reaching about 51% of the estimate approved by the National Assembly ). The Ministry of Finance assessed that the debt repayment of the Government was carried out promptly, fully, as committed and within the scope of the estimate approved by the competent authority.

Total registered FDI capital in the first 6 months reached over 21.5 billion USD, up 32.6% over the same period (highest since 2009), implemented FDI capital reached over 11.7 billion USD, up 8.1% (highest in the first 6 months of the period 2021 - 2025). Regarding newly registered projects, 1,988 projects were licensed (up 21.7% over the same period last year) with registered capital reaching nearly 9.3 billion USD. Foreign investors invested in 18 out of 21 national economic sectors.

The results of the implementation of financial - budgetary and public investment tasks in the first 6 months of 2025 are a solid foundation for completing the socio-economic development goals of the whole year, contributing to strengthening the confidence of the business community, investors and the whole society.

Deputy Minister of Finance Nguyen Duc Chi assessed that, through the results of the first 6 months of the year, it can be seen that the indicators of growth, budget revenue, budget expenditure, fiscal policy and financial operations serving the policy of restructuring the apparatus and converting two-level local governments have basically met the requirements. However, the Deputy Minister emphasized that it is not allowed to be subjective in the last months of the year, especially the need to focus on strictly controlling budget revenue, budget expenditure and development investment expenditure to ensure the completion of the goals.

TH (according to VNA)

Source: https://baohaiphongplus.vn/thu-ngan-sach-nha-nuoc-tang-hon-28-416078.html


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