Of the total, domestic revenue reached VND558.1 trillion, fulfilling 25.4% of the estimate and increasing 15% compared with the same period last year. Revenue from crude oil was estimated at VND5.1 trillion, equal to 11.9% of the estimate and down 42.2% year on year. Meanwhile, revenue from import-export activities was estimated at VND38 trillion, equivalent to 13.7% of the estimate and up 1.2% from a year earlier.

State budget expenditure in the two-month period was estimated at VND311 trillion, accounting for 9.8% of the annual estimate and rising 11% year on year.

Development investment spending reached an estimated VND42.5 trillion, equivalent to 3.8% of the estimate approved by the National Assembly, with disbursement estimated at 4.3% of the development investment plan assigned by the Prime Minister. Interest payments accounted for about 22.3% of the estimate, while regular spending reached roughly 13.3%.

According to the ministry, budget spending during the period met requirements for socio-economic development, national defence, security, public administration and debt repayment, while ensuring salaries, pensions and social allowances, as well as social welfare policies during the Lunar New Year (Tet) holiday.

In addition, 15,527 tonnes of rice from national reserves were distributed under the Prime Minister’s decision to support people facing food shortages during the Tet holiday and the between-crop season.

State budget balances at both central and local levels remained ensured. By the end of February, the government had issued VND60.5 trillion worth of government bonds, with an average maturity of 10.03 years and an average interest rate of 4.05% per year.

State budget revenue hits US$94 billion by mid-December

State budget revenue reached approximately VND2.47 quadrillion (US$94 billion) by December 15, 2025, exceeding the target for the whole of 2025 by 25%, according to the Ministry of Finance.