What changed
2026-09-03 04:40 UTC → 2026-09-10 01:36 UTC ·
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In the first seven months of 2026, Vietnam’s State Treasury mobilized over 201 trillion VND through government bond issuances, fulfilling 40% of its annual issuance plan. During July 2026, the Hanoi Stock Exchange hosted 25 auction sessions that raised 18,603.8 billion VND, with a successful bid rate of 27%. The issuance primarily focused on 5-year and 10-year tenors. By the end of the first eight months of 2026, Vietnam’s state budget revenue reached nearly 2,024 trillion VND, achieving approximately 80% of its annual target and marking a 16% increase compared to the previous year. Domestic revenue comprised 86.6% of this total. total, amounting to 1,752.9 trillion VND. Other revenue streams included 43.6 trillion VND from crude oil and 223.9 trillion VND from import-export activities. During the same eight-month period, state budget expenditure reached approximately 1,608 trillion VND, which is representing 50.9% of the annual estimate. estimate and a 13.3% increase year-on-year. These fiscal results were achieved despite approximately 209.2 trillion VND in taxes, fees, and land rent being exempted, reduced, or extended to support citizens and businesses. In Hanoi, state budget revenue for the period reached approximately 521,336 billion VND, achieving 80.2% of its annual target and increasing by 8.9% year-on-year. Local budget expenditure in the capital city reached nearly 138,913 billion VND, a 70.3% increase. Regarding public investment, disbursement has shown positive trends, though authorities noted a significant volume of capital remains to be implemented in the final months of the year, emphasizing the need to resolve bottlenecks to ensure efficient capital absorption.