Vietnam’s state budget revenue reached an estimated VND1,114 trillion (US$42.84 billion) in January-April, equivalent to 44% of the full-year plan and up 15.2% from a year earlier, the Ministry of Finance reported on May 4.

The National Assembly on April 12 adopted a resolution introducing key provisions on environmental protection tax, value-added tax and excise tax applicable to petrol, oil and aviation fuel.

Total state budget revenue in the first quarter of 2026 is estimated at VND820 trillion (US$31.1 billion), equivalent to 32.4% of the annual target and up 10.2% year-on-year, the Ministry of Finance reported.

Vietnam has temporarily cut environmental protection tax on petrol, diesel and jet fuel to zero under a decision signed by Prime Minister Pham Minh Chinh, as the Government moves to stabilise the domestic fuel market and safeguard energy security.

Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms, according to the latest survey by the Vietnam Chamber of Commerce and Industry (VCCI).

The Ministry of Finance (MoF) plans to implement several policies to support the business sector and people, and promote the country's economic growth in 2024, according to Minister Ho Duc Phoc.

The total State budget revenue in the first eight months of this year topped VND962 trillion (nearly US$40 billion), equivalent to 70.1% of the estimate for the whole of this year and 93.9% compared to the figure in the same period last year, the General Department of Taxation reported on September 11.

The total revenue to the State budget between January and July exceeded VND1.01 quadrillion (US$42.53 billion), equaling 62.7% of the yearly estimate and dropping by 7.8% from the same period last year.

VOV.VN - Petrol prices continued to grow at the beginning of the year, causing many more local businesses to worry about the sharp increase in business costs and reduced competitiveness.

VOV.VN - Petrol prices were kept unchanged as of 3 p.m. on January 11 following the latest adjustment made by the Ministry of Industry and Trade and the Ministry of Finance.