Budget revenue increased by 30.8% in 10 months

On November 8, the Ministry of Finance announced that the budget revenue for the first 10 months is estimated at over VND2,180 trillion, equal to 111% of the estimate and up 30.8% over the same period; the state budget revenue structure is towards sustainability.

Expenditure control accounting activities at the State Treasury in Hanoi . Photo: Pham Hau/VNA

Accordingly, revenue from the three economic sectors is estimated at VND829 trillion, equal to 100.7% of the estimate, up 20.2% over the same period, while taxes and fees have been reduced and extended by about VND217.3 trillion to support production and business.

However, according to the Ministry of Finance , the growth task in 2025 still has many challenges. In order to create a breakthrough in the last two months of 2025 to complete the set target, the Government continues to be proactive, flexible, and promptly deploy synchronous management solutions to promote economic growth associated with maintaining macroeconomic stability, controlling inflation, and ensuring major balances of the economy.

Specifically, continue to comprehensively strengthen and overcome shortcomings and limitations in commune-level operations; perfect regulations on decentralization, delegation of authority, processes and procedures in accordance with the 2-level local government model; ensure progress of assigned tasks in the Government's programs and action plans to implement the Politburo's breakthrough resolutions.

In addition, perfecting institutions, laws, reforming administrative procedures associated with digital transformation; reviewing and perfecting institutions on decentralization, delegation of powers, and assignment of authority, including previously decentralized contents and tasks; promptly removing difficulties, overcoming inadequacies, conflicts, and overlaps in regulations related to the operation of the new apparatus, especially at the grassroots level.

At the same time, maintain macroeconomic stability, stabilize the monetary market, foreign exchange, gold market; strictly control credit for potentially risky areas, direct credit to production and business areas, priority areas, and growth drivers. Closely monitor price fluctuations of essential goods under management, promptly have appropriate solutions to manage and control prices, ensure market stability, and prevent speculation and price manipulation.

In particular, the Ministry of Finance said that it will strongly and effectively implement tasks and solutions to promote the disbursement of public investment capital to ensure 100% disbursement of the 2025 capital plan assigned by the Prime Minister; ensure the progress of public investment capital disbursement of each project according to the monthly plan, especially key projects, identified as the growth drivers in 2025 of the whole country, regions and localities, in order to soon bring capital into the economy and effectively exploit projects for growth.

In addition, promote investment, stimulate domestic consumption and strongly develop new growth drivers, science and technology, innovation, digital transformation; deploy an international financial center; pilot a crypto-asset market; promote and attract strategic investors, large-scale, high-tech FDI projects; strengthen revenue management, and promote digital transformation.

Source: https://baotintuc.vn/kinh-te/thu-ngan-sach-10-thang-tang-308-20251108145233703.htm