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Vietnam's state budget revenue reached more than $68 billion after seven months, according to the State Treasury. Photo: Nam Khanh

The State Treasury said cumulative state budget revenue as of August 5 had reached nearly $72 billion, equivalent to 74.96% of the 2026 target.

Of the total, domestic revenue excluding crude oil amounted to more than $61 billion, or 74.65% of the target. Revenue from crude oil reached approximately $1.44 billion, equivalent to 88.15% of the target, while revenue from import-export activities exceeded $8.13 billion, or 76.98% of the target after deducting projected value-added tax refunds.

In July, the State Treasury system continued coordinating with local revenue authorities to ensure that budget revenues were fully and promptly recorded, while providing information and data for budget management and administration.

As for state budget expenditure, by the end of July, the State Treasury system had processed approximately $31.53 billion in recurrent expenditure, equivalent to 45.9% of the 2026 recurrent spending estimate administered through the State Treasury. The figure excludes debt repayments, aid, allocations to financial reserve funds and contingency spending.

For public investment capital under the 2026 plan, cumulative payments through the State Treasury reached approximately $13.31 billion as of July 31, equivalent to 38.1% of the $34.97 billion plan assigned by the National Assembly and Prime Minister through the State Treasury.

The disbursement was equivalent to 35.7% of the approximately $37.30 billion capital plan after including additional allocations made by provincial-level People's Committees.

Of this amount, domestically sourced capital exceeded $13.17 billion, equivalent to 38.4% of the plan assigned by the Prime Minister through the State Treasury, while foreign-sourced capital reached more than $137 million, or 20.4% of the plan.

For investment capital carried over from previous-year plans into 2026, cumulative payments by the end of July reached approximately $1.19 billion, equivalent to 25.8% of the plan. Domestic capital accounted for about $1.18 billion, or 26% of the plan, while foreign capital exceeded $10 million, equivalent to 12%.

Regarding government bond issuance, the State Treasury said it continued advising the Ministry of Finance on issuance in line with market developments, while flexibly managing maturities and interest rates to meet the central government's funding needs. It also continued to ensure full and timely principal and interest payments in accordance with regulations.

As of July 31, government bonds issued through auctions on the Hanoi Stock Exchange totaled approximately $7.64 billion, equivalent to 40.2% of the 2026 issuance plan.

In the third quarter alone, issuance reached approximately $707 million, or 15.5% of the quarterly plan. The average issuance maturity was 9.23 years, while the average remaining maturity of the government bond portfolio stood at 8.17 years. The average issuance interest rate was 4.13% per year.

Nguyen Le