State budget revenue increased by 15.4% in the first five months.

According to a report released by the Ministry of Finance on June 3rd, state budget revenue in May was estimated at nearly 216.3 trillion VND, equivalent to 8.6% of the projected figure (May 2025 revenue reached 9.9% of the projected figure), and 76.9% of the average monthly revenue of the first four months of the year.

Cumulative state budget revenue for the first 5 months is estimated at 1,341 trillion VND, equivalent to 53% of the projected figure, an increase of 15.4% compared to the same period in 2025 (state budget revenue for the first 5 months of 2025 reached 59.1% of the projected figure, an increase of 26.9% compared to the same period in 2024).

Customers conducting transactions at Vietcombank's Vinh Phuc branch. (Illustrative photo: Tran Viet/TTXVN)

Specifically: domestic revenue: Estimated to reach 1,168.2 trillion VND, equivalent to 53.1% of the projected figure, an increase of 15.8% compared to the same period in 2025 (domestic revenue in the first 5 months of 2025 reached 60.5% of the projected figure, an increase of 30.4% compared to the same period in 2024).

Revenue from crude oil: estimated at VND 24.8 trillion, equivalent to 57.7% of the projected figure, an increase of 15.4% compared to the same period in 2025. The average crude oil price for the first 5 months reached approximately USD 91.4/barrel, an increase of USD 21.4/barrel compared to the projected price; production is estimated at 3.5 million tons, equivalent to 43.9% of the projected figure, an increase of 5% compared to the same period.

Revenue from import and export activities: Estimated at VND 147.2 trillion, equivalent to 52.9% of the projected figure, based on: total revenue from import and export activities estimated at VND 212.3 trillion, equivalent to 47.1% of the projected figure, an increase of 15.3% compared to the same period last year; value-added tax refunds under the regulations amounting to approximately VND 65.1 trillion, equivalent to 37.6% of the projected figure, an increase of 23.2% compared to the same period last year.

The Ministry of Finance announced that in May, tax and customs authorities continued to implement previously issued policies on tax and fee exemptions and reductions to support businesses and individuals in overcoming difficulties in production and business activities, and promoting socio-economic development. This includes new policies on reducing environmental protection tax, value-added tax, and special consumption tax on gasoline, diesel, and aviation fuel, as stipulated in Decision No. 482/QD-TTg dated March 26, 2026, of the Prime Minister and Resolution No. 19/2026/QH16 dated April 12, 2026, of the National Assembly. The cumulative total amount of exemptions and reductions in the first five months of the year is estimated at approximately 72.8 trillion VND.

The Ministry of Finance also indicated that, regarding state budget expenditures: Total state budget expenditures in May were estimated at 186.6 trillion VND; cumulative expenditures for the first five months were estimated at 845.4 trillion VND, equivalent to 26.8% of the projected budget, an increase of 3.3% compared to the same period in 2025; of which: development investment expenditures were estimated at approximately 206.2 trillion VND, equivalent to 18.4% of the budget approved by the National Assembly , with the disbursement rate of public investment capital estimated at 20.3% of the plan assigned by the Prime Minister; interest payments were estimated at 43% of the projected budget; and recurrent expenditures were estimated at 32.4% of the projected budget.

In addition, budget expenditures in the first five months of the year met the needs for socio-economic development, national defense and security, state management, and payment of due debts, ensuring timely payment of salaries, pensions, and social allowances from the State budget, and effectively implementing social security policies. The central budget reserve allocated 5,605 billion VND to ministries, central agencies, and localities to mitigate the consequences of natural disasters and epidemics, and to handle urgent and unforeseen tasks as prescribed.

In addition, 15,709 tons of national reserve rice were released according to the Prime Minister's Decision to provide relief and food aid to the people during the Lunar New Year and the lean season at the beginning of the year.

Regarding the balance of the State budget, the balance of the central budget and the budgets of local levels is ensured. As of May 27, 2026, 159.2 trillion VND of government bonds have been issued, with an average maturity of 9.5 years and an average interest rate of 4.09% per year.

Source: https://baotintuc.vn/kinh-te/thu-ngan-sach-nha-nuoc-5-thang-tang-154-20260603115045916.htm