Dong Nai ranks among top five localities with budget revenue exceeding VND 100 trillion

According to estimates by the Ministry of Finance, Vietnam’s state budget revenue in 2025 is projected to reach VND 2.5 quadrillion, approximately 25 percent higher than the original target. This result reflects the focused attention and firm determination of central ministries, sectors, and localities amid complex and unpredictable developments both at home and abroad.

The year 2025 marked notable socio-economic achievements across many localities nationwide, with state budget revenue standing out as a key highlight. Contributing to the overall effort, Dong Nai province achieved impressive results, ranking fourth nationwide in state budget revenue with VND 101.4 trillion, placing it among the top five localities with collections exceeding VND 100 trillion.

Top five localities by state budget revenue

As 2025 served as a pivotal year, laying the groundwork for a new phase of development with higher demands and expectations across all socio-economic sectors, localities accelerated efforts and closely tracked revenue sources to achieve the highest possible outcomes.

Deputy Secretary of the Provincial Party Committee and Chairman of the Dong Nai Provincial People’s Committee Nguyen Van Ut, along with Huynh Thi Hang, Deputy Secretary of the Provincial Party Committee and Chairwoman of the Vietnam Fatherland Front Committee of Dong Nai province, present flowers to financial-sector units that successfully fulfilled their tasks in 2025. Photo: Ngoc Lien

According to information from the official portals of provinces and cities, many localities recorded record-high state budget revenues in 2025, particularly those collecting VND 100 trillion or more.

Ho Chi Minh City ranked first nationwide, with cumulative state budget revenue exceeding VND 800 trillion as of December 31, 2025, up 19.1 percent compared to the target assigned by the central government and 14.7 percent higher than the target set by the city People’s Council.

Hanoi ranked second. According to the portal of the Hanoi People’s Committee, the city’s state budget revenue last year surpassed VND 704.5 trillion, reaching 137.1 percent of the assigned target and increasing 37.1 percent year-over-year. With these results, Ho Chi Minh City and Hanoi were the top two localities nationwide, with combined state budget revenues exceeding VND 1.5 quadrillion.

Alongside the two leading cities, Hai Phong, Dong Nai, and Hung Yen were the other three localities with state budget revenues exceeding VND 100 trillion. Notably, Hai Phong marked a historic milestone for the port city’s finance sector, with revenue surpassing VND 190.3 trillion, exceeding the assigned target by 34.8 percent.

Dong Nai ranked fourth nationwide, recording a remarkable surge in state budget revenue to more than VND 101.4 trillion, equivalent to 144 percent of the target assigned by Prime Minister Pham Minh Chinh’s direction and 136 percent of the target set by the provincial People’s Council, surpassing the Provincial Party Committee’s goal of VND 100 trillion. Hung Yen was the fifth locality nationwide to surpass VND 100 trillion in state budget revenue, with total collections reaching over VND 100.2 trillion, equivalent to 181 percent of the assigned target.

Stepping up the implementation of budget revenue measures in 2026

In Dong Nai province, the state budget revenue target for 2026 is set at over VND 100 trillion, according to the estimate of the provincial People’s Council. Of this, domestic revenue is projected at VND 76.9 trillion, while revenue from imports and exports is expected to reach VND 23.5 trillion.

The province is effectively implementing the goals, tasks, and solutions outlined in the resolutions of the Provincial Party Committee and the provincial People’s Council, as well as the five-year socio-economic development plan for 2026–2030. The focus is on accelerating the rollout of key programs and breakthrough tasks.

Regarding state budget revenue and management in 2026, provincial leaders have directed the effective implementation of revenue collection measures to meet or exceed the assigned targets. These include expediting site clearance and organizing land auctions transparently and openly to ensure timely collection of land-use fees; strictly enforcing the Law on Tax Administration; preventing revenue losses, transfer pricing, tax evasion, and trade fraud; intensifying efforts to recover tax arrears and reduce outstanding debts; and enhancing the management of emerging revenue sources from e-commerce transactions, digital platform businesses, and online trading activities.

Building on the results of state budget revenue achieved in 2025, localities nationwide are entering 2026 with expectations that state budget revenue will continue to reach high levels, contributing to national economic growth in line with Prime Minister Pham Minh Chinh’s direction in Official Dispatch No. 184/CD-TTg dated October 2, 2025, sent to ministries, sectors and localities on state budget management in the final months of 2025.

According to the dispatch, ministries, agencies, and localities are required to implement state budget revenue tasks rigorously, strengthen revenue management, prevent losses, and ensure the accurate, full, and timely collection of revenue. The directive also calls for expanding the tax base, particularly in areas such as e-commerce, food and beverage services, and retail; accelerating digital transformation in tax administration; and persistently extending the use of electronic invoices generated from cash registers. More substantial efforts are also required to prevent and combat smuggling, trade fraud, transfer pricing, and tax evasion, especially in digital platform-based business activities and real estate transfers. In addition, authorities are instructed to enhance inspection and oversight of compliance with regulations on pricing, taxes, and fees, and to handle violations strictly in accordance with the law.

By Ngoc Lien – Translated by Thu Hien, Minho