Vietnam government proposes tax deadline extensions and higher 2027 budget revenue

The Vietnamese prime minister has called for an increase in state budget revenue for 2027, aiming to boost fiscal resources. The Ministry of Finance simultaneously proposed extending the payment deadlines for value‑added tax, corporate income tax, personal income tax and land rent throughout 2026 to ease cash‑flow pressures on businesses. The ministry highlighted that similar extensions in recent years accounted for VND 95,156.9 billion in 2023, VND 83,009.3 billion in 2024 and VND 114,789.6 billion in 2025, with high recovery rates for previously deferred taxes. While macro‑economic indicators remain stable and inflation is under control, the government acknowledges ongoing challenges such as slower growth in industry, construction and services, and the impact of extreme weather events on agriculture and infrastructure. The fiscal measures are intended to sustain economic activity without jeopardising the state budget balance approved by the National Assembly.