HCMC — The Ministry of Finance expects the nation’s budget revenue to reach VND2.53 quadrillion in 2026, up 5.9% from 2025.
The revenue-to-GDP ratio is projected at around 17.4%. The ministry has released the draft 2026 state budget for public feedback, the Vietnam News Agency reported. The plan targets GDP growth of at least 10%, emphasizing investment in development, science and technology, and social welfare.
Total spending is estimated at VND3.16 quadrillion, up 22.6% from the 2025 plan. Of this, development investment will account for VND1.12 quadrillion, or 35.5% of total spending, a year-on-year increase of 41.7%.
Regular expenditures are projected at VND1.8 quadrillion, and interest payments at VND121.1 trillion. About 3% of total spending will go to science, technology, innovation, and digital transformation. The budget also allocates funds for tuition exemptions and education support in disadvantaged areas.
The budget deficit is forecast at VND605.8 trillion, or 4.2% of GDP, including 4% from the central Government and 0.2% from local budgets.
The Government is also drafting a three-year financial plan for 2026–2028 to ensure flexible fiscal management and financial stability.
During the period, total budget revenue is expected to exceed VND8.48 quadrillion, while spending will reach about VND10.92 quadrillion. The average budget deficit is forecast at 4.8% of GDP, with public debt projected at 39–40% of GDP by end-2028.
