Vietnam’s state budget revenue in the first quarter of 2026 is estimated at over VND829.4 trillion (US$33.2 billion), reaching 32.8% of the annual target and rising 11.4% compared to the same period last year. Meanwhile, total state budget expenditure is estimated at around VND530.1 trillion (US$21.2 billion).

According to the Ministry of Finance, as of March 31, central budget revenue reached an estimated 32.8% of the plan, while local budget revenue stood slightly higher at 33.1%.

Domestic revenue continued to serve as the main driver, reaching approximately VND740.7 trillion (about US$29.6 billion), equivalent to 33.7% of the target and up 12.5% year-on-year.

In contrast, crude oil revenue was estimated at VND11.2 trillion (US$448 million), fulfilling 26.1% of the plan and declining 15.8% compared to the same period in 2025.

Revenue from import-export activities reached about VND77.4 trillion (US$3.1 billion), accounting for 27.8% of the target and increasing 7.6% year-on-year.

On the expenditure side, cumulative state budget spending in the first quarter was estimated at VND530.1 trillion (US$21.2 billion), equivalent to 16.8% of the annual plan and up 23.1% compared to the same period last year.

Development investment spending was estimated at VND116.1 trillion (US$4.6 billion), reaching 10.4% of the plan approved by the National Assembly. Disbursement was estimated at 11.5% of the plan assigned by the Prime Minister.

Debt interest payments were estimated at 30.7% of the annual plan, while recurrent expenditure reached 20.8%.

The Ministry of Finance noted that budget spending in the first quarter was implemented in line with approved plans, ensuring funding for socio-economic development, national defense, security, state management, and timely debt servicing.

At the same time, expenditures supported salary payments, pensions, and social benefits, contributing to the effective implementation of social welfare policies.

Nguyen Le