The People's Council of Da Nang City has passed a Resolution to adjust socio-economic development targets for 2025. In particular, adjusting the target of total state budget revenue in 2025 to more than VND 30,000 billion, an increase of about VND 5,000 billion compared to the previous plan. At the same time, strive for land revenue to reach over VND4,500 billion and revenue from import-export activities to exceed at least 10% of the estimate of VND3,360 billion assigned by the Central Government.
According to the Da Nang City Statistics Office, the total preliminary state budget revenue in the area as of February 25 reached VND 6,280 billion, an increase of 35.3% over the same period in 2024. Of which, central budget revenue reached VND1,235 billion, local budget revenue reached VND5,045 billion. In total state budget revenue, domestic revenue activities continue to account for the majority (88.4%) and are the basis for balancing expenditure sources.
In total domestic revenue, revenues account for a high proportion, including revenues from the non-state industrial and commercial sector, accounting for 31.4%, compared to the same period in 2024. Revenue from foreign-invested enterprises accounts for 20.1%, personal income tax accounts for 15.2%, revenue from houses and land accounts for 6.2%, revenue from state-owned enterprises accounts for 5.9% over the same period in 2024.
Total preliminary state budget expenditure in the area as of February 25 reached VND 8,426 billion, double the same period last year (equivalent to an increase of 101.9%).
