At a meeting with press agencies on the afternoon of June 19, Ms. Ngo Thi Nhung - Deputy Director of the State Treasury said that as of the end of June 15, 2026, accumulated state budget revenue reached 1,425.563 billion VND, equal to 56.36% of the assigned annual estimate of 2,529.467 billion VND.
In which, domestic revenue (excluding crude oil) reached 1,231.568 billion VND, equal to 55.98% of the estimate; revenue from crude oil reached 27,496 billion VND, equal to 63.95% of the estimate. Balanced revenue from import and export activities after deducting value-added tax refunds reached 165,714 billion VND, equal to 59.61% of the estimate.
Regarding disbursement of public investment capital, Ms. Nhung said that as of June 15, 2026, accumulated public investment capital paid and paid through the State Treasury under the 2026 plan reached 188,832.3 billion VND, equivalent to 20.5% of the plan assigned by the Prime Minister.
Of this, domestic capital disbursed reached 186,600.2 billion VND, equal to 20.6% of the plan; foreign capital confirmed for payment through the State Treasury reached 2,232.1 billion VND, equal to 12.6% of the plan.
According to the State Treasury's assessment, site clearance work continues to be one of the major bottlenecks affecting the disbursement progress. Many projects face difficulties in determining land origin, unit prices and compensation plans, making construction unable to be implemented according to plan.
In addition, the shortage of input materials, especially soil, sand, and rocks for leveling, continues. The price of construction materials has increased sharply compared to the approved estimate, while the import of some equipment from abroad is still slow, affecting the project implementation progress.
The State Treasury also said that in the first months of the year, many investors still focused on completing procedures for design, appraisal, approval and contractor selection, so the volume of acceptance and payment was not large.
In some localities, especially at the commune and ward levels, the shortage of officials in charge of public investment and having to concurrently perform many tasks also affects the project implementation progress.
Regarding capital mobilization for the state budget, Ms. Ngo Thi Nhung said that in 2026, the Ministry of Finance assigned the State Treasury the task of issuing 500,000 billion VND of government bonds.
As of June 15, 2026, the State Treasury has organized 11 government bond auctions in the second quarter, mobilizing 88,400 billion VND. Accumulated from the beginning of the year to date, the issuance volume reached 168,501 billion VND, equivalent to 33.7% of the annual plan.
All government bonds are issued through bidding with flexible terms from 3 to 30 years. The average issuance term reached 9.38 years, contributing to maintaining the average maturity period of the government bond portfolio at 8.28 years, thereby reducing short-term debt repayment pressure for the central budget.
According to Ms. Nhung, the government bond issuance interest rate is managed closely following market developments and the direction of monetary policy management of the State Bank. As of June 15, 2026, the average issuance interest rate reached 4.09%/year, an increase of 0.83 percentage points compared to 2025.
