Dong Nai makes a remarkable breakthrough in state budget revenue in 2025

Along with notable achievements in economic development and urban infrastructure, Dong Nai province concluded 2025 with a remarkable breakthrough in state budget revenue, reaching VND 101.4 trillion. This figure equaled 144% of the estimate assigned by the Prime Minister and 136% of the estimate approved by the Provincial People’s Council, exceeding the target of VND 100 trillion set by the Provincial Party Committee.

Production activities at Chang Shin Vietnam Co., Ltd. (a Republic of Korea-invested enterprise) at Thanh Phu Industrial Park, Tan Trieu ward. Photo: Ngoc Lien.

To achieve this impressive result, in addition to the close and regular guidance of provincial leaders, departments and agencies of Dong Nai made strong efforts to coordinate in reviewing and effectively exploiting revenue sources.

Many indicators meet and exceed estimates

According to a report by the Department of Finance at the conference to review State budget collection and expenditure for 2025, as of December 31, 2025, total state budget revenue of the province included over VND 78.6 trillion from domestic sources, reaching 161% of the estimate assigned by the Prime Minister and 149% of the estimate approved by the Provincial People’s Council.

Notably, 15 out of 17 assigned revenue indicators met or exceeded provincial estimates, including: revenue from the foreign-invested enterprise sector at nearly VND 17.9 trillion; revenue from the non-State commercial and industrial sector at nearly VND 12 trillion; personal income tax revenue exceeding VND 9.6 trillion; revenue from centrally managed State-owned enterprises at over VND 2.6 trillion; and revenue from locally managed State-owned enterprises at over VND 3.6 trillion.

Revenue from import and export activities reached over VND 22.7 trillion, equivalent to 105% of both the Prime Minister’s estimate and the Provincial People’s Council’s estimate.

With these results, domestic revenue shared with the local budget according to the regulation ratio in 2025 exceeded VND 59 trillion, reaching 178% of the estimate. Of this amount, the province received over VND 58 trillion, while the commune level received over VND 1 trillion.

According to the Dong Nai Tax Department, state budget revenue collection in the province in 2025 met and exceeded the legally assigned estimate. This serves as an important foundation for the tax sector to continue fulfilling its budget collection tasks in 2026, contributing to budget balance and the province’s socio-economic development goals.

In addition to stable growth factors, several extraordinary revenue items contributed to the increase in state budget revenue in 2025, including proceeds from real estate project transfers; revenue from tax inspections and audits; and revenue from land-use right auctions, land rental fees, and land-use fees of several projects. Moreover, in 2025, the merger of administrative areas and adjustments to the land price framework under the 2024 Land Law contributed to higher land-use fee collections compared to 2024.

Regarding import-export revenue, according to the Regional Customs Sub-Department XVIII, several commodity groups contributed to the increased taxable import-export turnover, such as base metals, plastic products, electric wires and cables. These groups recorded an increase in import-export turnover of more than USD 573 million, resulting in an increase of over VND 1.4 trillion in state budget revenue in 2025 compared to 2024.

Striving to fulfill revenue tasks in 2026

The year 2026 will witness many important political events and marks the first year of implementing the provincial five-year plan (2026–2030), with a target of double-digit growth. Therefore, to successfully achieve socio-economic development goals, the province has outlined plans and solutions, directing departments and agencies to take action from the very beginning of the year.

Mechanical manufacturing plant of Kien Dat Advanced Technology Co., Ltd. (a Taiwan-invested enterprise) at Long Binh Industrial Park, Ho Nai ward. Photo: Ngoc Lien.

For state budget revenue collection in 2026, Dong Nai has set a target of over VND 100 trillion, including VND 76.9 trillion from domestic revenue and VND 23.5 trillion from import-export activities.

To achieve these targets, the Provincial People’s Council’s resolution on socio-economic development and national defense-security for 2026 clearly outlines key tasks and solutions. These include implementing effective budget collection measures to meet or exceed assigned estimates; accelerating site clearance; organizing transparent and public land auctions to ensure timely land-use fee collection; strictly enforcing the Law on Tax Administration to prevent revenue losses, transfer pricing, tax evasion, and trade fraud; urging the recovery of tax arrears and reducing outstanding tax debts; and effectively managing new revenue sources from e-commerce transactions, digital platforms, and online business activities.

In 2026, state budget collection is one of eight key economic indicators for which Dong Nai is required to achieve a growth rate of 10–12%. Other growth targets include: GRDP growth of at least 10%; provincial economic scale exceeding VND 750 trillion; per capita GRDP surpassing VND 179 million; and economic structure with industry-construction, agriculture-forestry-fisheries, and services accounting for over 57%, with services growing by 10% or more.

Speaking at the conference to review State budget collection and expenditure for 2025, Nguyen Van Ut, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Committee, commended the strong efforts of departments and agencies in achieving impressive state budget revenue results in 2025. According to the Chairman of the Provincial People’s Committee, 2025 was a particularly significant year for Dong Nai, with economic growth reaching 9.63% and state budget revenue exceeding the highest target, despite challenges arising from the recent administrative merger and increased responsibilities.

Entering 2026, the Chairman of the Provincial People’s Committee requested departments and agencies to make greater efforts to achieve even higher state budget revenue. They were urged to focus on unlocking resources from projects facing difficulties as well as other revenue sources that the province has secured in recent times. The Department of Finance was tasked with closely adhering to the 2026 objectives and orientations, continuing to promote solidarity to successfully accomplish all assigned tasks, and proactively coordinating with other departments to most effectively exploit revenue sources.

By Ngoc Lien – Translated by M.Nguyet, Thu Ha