Ho Chi Minh City's domestic revenue reached VND 574,240 billion

According to the Ho Chi Minh City Department of Finance, after the merger, the Central Government assigned the city to collect 697,395 billion VND from the budget. By December 31, 2025, total state budget revenue in Ho Chi Minh City reached VND 800,043 billion, exceeding the estimate by 19.1%. Notably, domestic revenue was the biggest bright spot, reaching VND 574,240 billion, exceeding the central budget estimate by 26.8%. This collection includes taxes, fees, charges, land use fees, land - water rental fees, fees for granting exploitation rights, administrative sanctions and other revenues, not including import-export tax.

According to the Department of Finance, despite implementing many policies to exempt and reduce budget revenues according to the Central Government's regulations, Ho Chi Minh City's domestic budget revenue has increased sharply thanks to the clear recovery of businesses, stimulus policies and strict management of electronic invoices. Thereby, corporate income tax and value added tax recorded positive growth. In addition, the real estate market is booming, contributing to increasing personal income tax and registration fees.

In 2026, the Central Government assigned Ho Chi Minh City to collect more than VND 804,775 billion in budget revenue, accounting for about 31.8% of the total estimated budget revenue of the country. The city aims to collect at least 10% more in budget revenue in 2026 compared to 2025.

To realize this goal, Ho Chi Minh City continues to promote administrative procedure reform, improve the investment - business environment, and enhance the competitiveness of the economy. Ho Chi Minh City focuses on supporting businesses to establish new, expand production, promptly remove difficulties and obstacles and speed up bidding to select investors to implement projects.

Along with that, Ho Chi Minh City closely monitors the budget collection progress, specifically analyzes each locality, field and tax color; forecasts monthly and quarterly collection to proactively operate. Ho Chi Minh City reviews potential revenue sources, strengthens collection management, controls loss of revenue, and promotes coordination between departments, branches and promotes and promptly guides new tax policies to support businesses and nurture sustainable revenue sources.

Digital transformation continues to be identified as a key solution in tax management. Ho Chi Minh City promotes the application of information technology, focusing on effectively managing e-commerce activities and foreign suppliers; deploying e-commerce platform data portals, expanding the application of electronic invoices generated from cash registers for businesses and business households. At the same time, inspection and examination work has been strengthened, focusing on high-risk areas with large revenue potential such as transfer pricing, linked transactions, tax refunds, risky exports, mineral and real estate exploitation, thereby ensuring correct and sufficient revenue for the budget.

Another key solution for Ho Chi Minh City is to effectively manage and exploit revenue from public assets. Ho Chi Minh City develops a Project on land resource management, focusing on public land plots and interspersed land; remove obstacles in land prices, auctions, and land allocation to promote land use fee collection, especially for projects with land prices but slow to fulfill financial obligations...

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