State budget revenue exceeded estimates, reaching more than 2 million billion VND

On October 19, the State Treasury announced that, to date, the accumulated state budget revenue in the balance has reached 2,013,005 billion VND, equal to 102.35% of the year's estimate.

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

Of which, domestic revenue (excluding crude oil) was VND 1,723,547 billion, reaching 103.31% of the estimate; revenue from crude oil was VND 39,037 billion, reaching 73.38% of the estimate; balanced revenue from import-export activities was VND 249,222 billion, reaching 106.05% of the estimate (after deducting VAT refund).

The State Treasury has expanded the implementation of electronic bilateral collection and payment with 20 commercial banks, promoting non-cash transactions with the state budget. By the end of September 2025, the entire State Treasury system had established 2,594 accounts at commercial banks; of which 1,761 were specialized collection accounts and 833 payment accounts (including 2,454 accounts in VND and 140 accounts in foreign currency).

Regarding state budget expenditures, the State Treasury system has made payments and disbursements in accordance with procedures, on time and in accordance with legal regulations. At the same time, the State Treasury provides daily disbursement data to the Ministry of Finance and local leaders to serve budget management.

As of October 15, total regular expenditure through the State Treasury system was VND 1,214,272 billion, reaching 77.8% of the annual estimate, excluding debt repayment, aid, and supplementary financial reserve funds and reserves. Development investment expenditure was VND 419,983.4 billion, reaching 49.3% of the plan assigned by the Prime Minister (VND 852,534.7 billion), equivalent to 41.3% of the plan including the capital assigned by the Provincial People's Committee (VND 1,015,990 billion).

The State Treasury also promotes the implementation of electronic transactions through the Online Public Service Portal, contributing to improving the efficiency of disbursement of public investment capital, improving service quality and transparency in budget management.

However, the State Treasury also said that although the progress of disbursement of public investment capital has improved, it has not yet met expectations. Therefore, from now until the end of the year, the State Treasury system will continue to closely coordinate with ministries, branches and localities to remove difficulties, speed up the progress of investment capital payment, strive to complete disbursement targets, and ensure effective use of public financial resources.

In the final months of the year, the State Treasury said it will continue to closely coordinate with ministries, branches and localities to remove difficulties, speed up the payment of investment capital, strive to complete disbursement targets, and ensure effective use of public financial resources.

Source: https://baotintuc.vn/kinh-te/thu-ngan-sach-nha-nuoc-vuot-du-toan-dat-hon-2-trieu-ty-dong-20251019140124400.htm