Vietnam targets 25 pct rise in state budget revenue in 2025-Xinhua

Vietnam targets 25 pct rise in state budget revenue in 2025

Source: Xinhua

Editor: huaxia

2025-10-02 13:37:45

HANOI, Oct. 2 (Xinhua) -- Vietnamese Prime Minister Pham Minh Chinh has urged ministries, sectors and localities to take measures to increase state budget revenue in 2025 by at least 25 percent compared to the estimate, Vietnam News Agency reported Thursday.

The National Assembly set the 2025 revenue estimate at over 1.9 quadrillion Vietnamese dong (about 71.9 billion U.S. dollars) in a resolution adopted late last year.

The prime minister called for stronger efforts to expand the revenue base, particularly from e-commerce, food and beverage services and retail businesses.

Vietnam collected more than 1.8 quadrillion dong (about 68.2 billion U.S. dollars) in state budget revenue in the first nine months of this year, fulfilling 96 percent of the full-year target, Voice of Vietnam reported Thursday.