Vietnam's State Treasury collected more than VND1.54 quadrillion (US$58.8 billion) in state budget revenue during the first six months of 2026, equivalent to 61.16% of the annual target, while issuing more than VND182.6 trillion (US$7.0 billion) in government bonds.

According to the State Treasury, budget collection and expenditure during the first half of the year helped maintain the country's major macroeconomic balances.

As of June 30, total state budget revenue reached over VND1.54 quadrillion (US$58.8 billion).

Domestic revenue contributed more than VND1.3 quadrillion (US$49.6 billion), achieving 60.64% of the annual target. Revenue from crude oil totaled VND30.38 trillion (US$1.16 billion), while customs and import-export activities generated VND181.84 trillion (US$6.95 billion).

Public spending and investment

Regular government expenditures reached VND695.39 trillion (US$26.6 billion), equal to 38.4% of the full-year estimate.

To accelerate public investment, the State Treasury continued providing monthly disbursement updates to ministries, central agencies and local governments.

By the end of June, public investment payments processed through the Treasury totaled VND285.91 trillion (US$10.9 billion), equivalent to 30.7% of the investment plan approved by the Prime Minister.

Government bond issuance

The State Treasury said it continued to actively manage government cash flows to ensure sufficient funding for budget payments while maintaining stable treasury operations.

As of June 30, it had successfully issued VND182.56 trillion (US$7.0 billion) in government bonds, fulfilling 36.5% of its annual issuance target.

Authorities continued to adjust bond maturities ranging from three to 30 years and managed interest rates flexibly to help finance the central government budget while supporting financial market stability.

Accelerating digital transformation

The State Treasury also continued implementing Vietnam's Digital State Budget and Treasury Accounting Information System, while expanding data sharing with national and sector-specific databases to simplify administrative procedures.

The agency has begun using the National Population Database to eliminate the requirement for citizens to submit physical identification cards when completing Treasury-related administrative procedures.

In the second half of 2026, the State Treasury said it would continue reviewing data-sharing capabilities across government databases to further streamline administrative processes.

The agency also pledged to maintain prudent management of the state budget, ensure efficient treasury operations and continue mobilizing capital through government bond issuance to meet central government financing needs.

Nguyen Le