Vietnam's state budget revenue rises 16% in first eight months


FILE PHOTO: This picture taken on August 29, 2023 shows the Tan Vu container port in Hai Phong, Vietnam. Revenue from import-export activities reached 223.9 trillion dong (about US$8.74 billion) during the first eight months of 2026, an increase of 7.9 per cent from a year earlier. - AFP

HANOI: Vietnam's state budget revenue rose 16 per cent year on year to an estimated 2.024 quadrillion Vietnamese dong (about US$79 billion) in the first eight months of 2026, the Vietnam News Agency reported Wednesday (Sept 2).

The figure was equivalent to 80 per cent of the annual estimate, the report said, citing the Ministry of Finance.

Domestic revenue, which remained the main contributor, was estimated at nearly 1.753 quadrillion dong (about US$68.45 billion), up 16.6 per cent year on year, according to the report.

Revenue from import-export activities reached 223.9 trillion dong (about US$8.74 billion) during the period, an increase of 7.9 per cent from a year earlier, the report added.

The ministry said it will continue efforts through the end of the year to ensure full and proper revenue collection while facilitating production and business activities to create sustainable sources of state budget revenue. - Xinhua

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