Hanoi: Land use fee collection reached 82,800 billion VND, exceeding 72.6% of the 2025 estimate

Total state budget revenue reached 97.3% of the 2025 ordinance estimate

In the context of the world economy still having many fluctuations, Hanoi continues to demonstrate its flexible management capacity, maintaining the balance of revenue and expenditure in the budget and maintaining investment resources for growth.

In the first 9 months of 2025, Hanoi's land use fee collection exceeded 72.6% of the 2025 estimate. (Illustration)

In the first 9 months of 2025, the total state budget revenue in Hanoi is estimated at 499,900 billion VND, equivalent to 97.3% of the annual ordinance estimate, up 32.5% over the same period in 2024. Notably, domestic revenue reached 471,500 billion VND, accounting for the largest proportion, up 32.9%; of which, revenue from the non-state enterprise sector increased sharply by 37.3%, clearly reflecting the vitality of the private economic sector.

Revenue from land use fees was also a highlight, reaching VND82,800 billion, exceeding 72.6% of the estimate and 2.6 times higher than the same period last year. This shows the effectiveness of land resource management and exploitation. Personal income tax, registration fees and other fees and charges all increased, demonstrating the vibrant consumer demand and business activities of people and enterprises.

In terms of expenditure, the local budget continues to be managed tightly and effectively, prioritizing key areas. Local budget expenditure in the first 9 months is estimated at VND 89,300 billion, up 34.1% over the same period in 2024. Of which, development investment expenditure reached VND 38,200 billion, up 32.8%, focusing on transport infrastructure, health, education and social welfare; regular expenditure reached VND 51,100 billion, up 35.2%, ensuring the operation of the apparatus and social security.

Notably, education and training expenditure reached 17,600 billion VND, up 28%, affirming the determination to invest in people - the pillar of sustainable development. Expenditures on health, environmental protection, and social security all increased significantly, reflecting the orientation of "growth coupled with care for people's lives" that Hanoi is steadfastly implementing.

On average, 122.3 million shares are transferred each day.

In the third quarter, deposit and lending interest rates maintained a downward trend, helping businesses access capital more easily, stimulating investment and consumption.

By the end of September 2025, the total mobilized capital of credit institutions in the area reached 6,626 trillion VND, an increase of 9.36% compared to the end of 2024; of which deposits reached 5,841 trillion VND, reflecting people's confidence in the banking system. Total outstanding credit reached 5,427 trillion VND, an increase of 20.44% compared to the end of 2024, of which long-term outstanding debt increased sharply by nearly 24%, showing that the demand for investment in production and business is still very large.

In particular, the bad debt ratio is only 1.59%, safely controlled, demonstrating solid credit quality. Preferential loan packages are actively deployed to five priority areas such as small and medium enterprises, agriculture - rural areas, exports, supporting industries and high technology. The lending interest rate for this group is only about 3.9%/year on average, lower than the ceiling rate prescribed by the State Bank.

Along with that, the Hanoi stock market continues to maintain its special attraction, playing an important role as a medium- and long-term capital mobilization channel for the economy.

As of September 25, 2025, on the two exchanges HNX and UPCoM, there were 1,187 listed and registered enterprises for trading, with a listing value of VND 668.2 trillion, an increase of nearly 8% over the same period last year.

Despite the impact of global economic fluctuations, market liquidity remains high. On average, 122.3 million shares are transferred per day, more than double the same period in 2024; the average trading value reaches VND 2,780 billion/day, reflecting the excitement of investment cash flow. Market capitalization as of September 25 reached VND 1,846.8 trillion, up 4.7% over the same period last year.

Notably, the number of new trading codes granted to foreign investors continued to increase, with 273 new codes in August alone, including 24 organizations and 249 individuals. This shows foreign investors' confidence in the economic prospects of Vietnam in general and Hanoi in particular.

Source: https://baodautu.vn/ha-noi-thu-tien-su-dung-dat-dat-82800-ty-dong-vuot-726-du-toan-nam-2025-d405559.html