Hanoi's budget revenue for the first seven months reached 83.1% of the 2025 annual target.

According to Hanoi City Statistics, domestic revenue was 405.9 trillion VND, reaching 84.2% and increasing by 40.8%; revenue from crude oil was 1.4 trillion VND, reaching 32.9% and equaling 58.4%; revenue from import and export activities was 19.7 trillion VND, reaching 72% and increasing by 36.7%.

State budget investment implemented in the first 7 months of 2025 compared to the same period last year. Graphic: Hanoi City Statistics.

Some key revenue sources in domestic revenue collection over the past 7 months include: Revenue from the State-owned enterprise sector reached VND 46.4 trillion, achieving 57.6% of the annual target and equaling 89.5% compared to the same period in 2024; and revenue from the foreign-invested enterprise sector reached VND 19.9 trillion, achieving 65.5% of the target and increasing by 3.3%.

The non-state enterprise sector collected 85.5 trillion VND, reaching 80.8% of the target and increasing by 38.3%; personal income tax collected 37.6 trillion VND, reaching 75.1% of the target and increasing by 22%; land use fee revenue reached 77.2 trillion VND, exceeding the target by 61% and five times higher than the same period last year; fees and charges collected 13.5 trillion VND, reaching 57.4% of the target and decreasing by 0.9%; and registration fee revenue reached 4.7 trillion VND, reaching 65.3% of the target and increasing by 20.1%.

Over the past seven months, local government spending reached 69.6 trillion VND, achieving 41.9% of the annual budget estimate and increasing by 35.8% compared to the same period in 2024.

Of this, recurrent expenditure amounted to VND 36.3 trillion, reaching 51.2% and increasing by 23.6%; development investment expenditure amounted to VND 33.3 trillion, reaching 38.2% and increasing by 52.2%.

According to Hanoi City Statistics, investment capital disbursed from the State budget managed by the locality in July was estimated at VND 8,399 billion, an increase of 16.7% compared to the previous month and an increase of 29.1% compared to the same period in 2024.

Overall, in the first seven months of 2025, investment capital from the state budget managed by localities reached VND 41.9 trillion, achieving 40.1% of the annual plan and increasing by 36.2% compared to the same period last year.

Of this, the state budget capital at the city level was 18.6 trillion VND, reaching 37.4% and increasing by 56%; the state budget capital at the commune level was 23.3 trillion VND, reaching 42.6% and increasing by 23.7%.

In July, Hanoi city continued to prioritize accelerating the construction progress of key projects of great significance to socio-economic development and transitional projects allocated large amounts of capital.

In addition, the city is implementing many comprehensive solutions such as strengthening inspection and supervision of the progress and quality of construction projects, and strictly controlling the payment and settlement process to ensure that capital is used for the right purpose and effectively.

Agencies and units are required to be more proactive in identifying and promptly resolving obstacles and difficulties arising during the project implementation.

Source: https://hanoimoi.vn/ha-noi-thu-ngan-sach-7-thang-dat-83-1-du-toan-nam-2025-711227.html