By the end of October 2025, Quang Ninh's total budget revenue has exceeded the target for the whole year of 2025, reaching 67,960 billion VND, equal to 123% of the estimate assigned by the Central Government, 119% of the estimate assigned by the province, an increase of 54% over the same period in 2024.
In particular, domestic revenue is still a bright spot when it reached VND54,285 billion, equal to 145% of the estimate assigned by the Central Government and 137% of the estimate assigned by the province, an increase of 89% over the same period.
Notably, land use fee collection reached VND 22,274 billion, equal to 405% of the estimate. Of which, the revenue from the Ha Long Xanh Urban Area project alone (investment capital of about 18 billion USD) is 15,786 billion VND; the revenue from the Ocean Park project is 2,904 billion VND outside the plan set out at the beginning of the year. Tax and fee revenue reached VND32,011 billion, completed in accordance with the central budget estimate and reached 94% of the province's budget estimate.
Meanwhile, revenue from import-export activities reached VND13,655 billion, equal to 77% of the estimate, down 10% over the same period due to the impact of tax adjustment policies and fluctuations in international markets.
The above results are achieved through the synchronous implementation of many solutions to maintain growth momentum and effectively compensate for affected revenue sources. Quang Ninh also issued many policies to support businesses to recover and expand production, remove obstacles in land, investment procedures, and credit; encourage technological innovation, improve productivity and competitiveness.
Along with that, focus on exploiting revenue from production, trade, tourism, seaport services and real estate; apply digital transformation in revenue and expenditure management, tighten financial discipline, prevent revenue loss and tax fraud.
With this momentum, Quang Ninh's total budget revenue in 2025 is expected to reach over VND 82,000 billion, equal to 149% of the estimate assigned by the Central Government.
Of which, domestic revenue is estimated at over 64,400 billion VND. Attracting foreign investment capital from the budget is estimated at over VND500,000 billion, 16.74 times higher than in 2024. Attracting foreign direct investment (FDI) is expected to reach 1 billion USD.
