Ho Chi Minh City: Budget revenue in 2025 to reach 785,000 billion VND.

On the afternoon of December 30th, the State Treasury Region 2 held a press conference to report on the results of state budget revenue and expenditure for 2025.

Ho Chi Minh City Party Secretary Tran Luu Quang and Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc present Certificates of Commendation to organizations and individuals. Photo: Nguyen Le

Tran Luu Quang, Secretary of the Central Committee of the Communist Party and Secretary of the Ho Chi Minh City Party Committee, attended the event.

Reporting at the conference, Acting Director of the Ho Chi Minh City Department of Finance, Hoang Vu Thanh, stated that as of the morning of December 30, 2025, the total state budget revenue in the city reached 781,585 billion VND, equivalent to 116.4% of the central government's assigned target and 112.1% of the city's People's Council's assigned target.

In terms of revenue structure, domestic revenue continued to play a pivotal role with 558,839 billion VND, exceeding the central government's target by 23.4% and the city's People's Council's target by 17.5%. Meanwhile, revenue from import and export reached 177,331 billion VND, completing 104.5% of the central government's target and 103.2% of the city's People's Council's target. Revenue from crude oil, at 44,660 billion VND, equivalent to 91.1% of the target, was the only revenue source that did not meet its plan.

By the end of 2025, the total state budget revenue in Ho Chi Minh City is projected to reach 785,000 billion VND, equivalent to 116.9% of the central government's target and 112.6% of the city's People's Council's target. Of this, domestic revenue is estimated at 561,236 billion VND, accounting for 71.5% of the total state budget revenue; revenue from crude oil is estimated at 45,000 billion VND, equivalent to 91.8% of the target.

Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc speaks at the conference. Photo: Nguyen Le

Speaking at the conference, Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc noted that the city's state budget revenue collection in 2025 achieved very positive results despite the challenging global economic environment. Even so, the city completed and exceeded its revenue target as early as November, making a significant contribution to the national budget revenue increase.

Chairman of the City People's Committee Nguyen Van Duoc emphasized that the achievements not only reflect the effectiveness of financial and budgetary management, but also the fruits of responsibility, unity, dedication, and leadership. In particular, the role of agencies directly responsible for revenue collection, such as the Tax and Customs departments, is extremely important.

Entering 2026, relevant agencies and units are required to demonstrate greater political determination and a stronger spirit of innovation in management and administration. City leaders are confident that, with their capabilities, unity, innovative thinking, and new approaches, the city's Finance sector will complete and exceed assigned tasks, striving to increase budget revenue by at least 10%, contributing to the rapid and sustainable development of the city.

At the conference, the Ho Chi Minh City People's Committee awarded Certificates of Commendation to 148 collectives and individuals who achieved high results in state budget revenue collection in 2025.

Source: https://hanoimoi.vn/tp-ho-chi-minh-thu-ngan-sach-nam-2025-dat-785-000-ty-dong-728721.html