National Assembly passes State budget plan for 2027

VGP - Next year's total budget revenue is estimated at VND 3,334.3 trillion (US$130.5 billion), according to the State budget plan for 2027 approved by lawmakers on November 9.

Written by
Thuy Dung
Published by
Viet Nam Government News
Published
Length
170 words · 1 min
National Assembly passes State budget plan for 2027

The above figure include VND 1,775.6 trillion (US$69.5 billion) in central budget revenue, and VND 1,558.7 trillion (US$61.0 billion) in local budget revenue. 

Meanwhile, total state budget expenditure for 2027 is estimated at VND 4,073.9 trillion (US$159.5 billion).

Of the total expenditure, central budget spending is projected to reach VND 2,364.4 trillion (US$92.6 billion) while local budget expenditure is estimated at VND 1,709.5 trillion (US$66.9 billion).

Lawmakers estimated that state budget deficit for 2027 would reach VND 739.6 trillion (US$29 billion), equivalent to 4.5 percent of the country's GDP. 

The plan targets that five percent of total public investment expenditure would be saved and reallocated to key and urgent projects, while 10 percent of recurrent expenditure must be saved to supplement funding for social welfare. 

To achieve the above goals, the National Assembly required the Government to strive to increase state budget revenue in 2027 by approximately 9.1 percent compared with actual figure recorded in 2026./.


Where this came from

This story was reported by Thuy Dung and first published by Viet Nam Government News on 9 Nov 2026. HUE Legacy Ventures did not write it.

Official government news. The publisher's Vietnamese edition asks that reuse credit the Government Information and Communications Department, which every story does. Removal on request.

Read it at en.baochinhphu.vn →