Vietnam's 2026 State Budget Surplus Amid Business Struggles

The Vietnamese Treasury reports that state revenue is projected to reach about 1.83 million trillion đồng for the first seven months of 2026, creating a sizable budget surplus and signalling improved public‑finance balance. While the fiscal figures are positive, many enterprises and small traders continue to face high operating costs, limited access to capital and compliance pressures, prompting a gap between official budget metrics and market sentiment.

By 5 August, total budget receipts had risen to nearly 1.9 million trillion đồng, roughly 75 % of the annual target. Public‑investment disbursement through the Treasury reached over 350 000 trillion đồng by 31 July, representing 38.1 % of the plan set by the National Assembly and the Prime Minister. Some ministries, central agencies and localities remain below the national average, prompting the Treasury to coordinate closely with tax authorities for faster accounting and data provision. Economic experts advise forming inter‑agency task forces for priority projects, tightening contractor performance monitoring and accelerating land‑acquisition and resettlement processes to keep key investments on schedule.