Budget revenue surpasses sharply
2025 marks a special period for Khanh Hoa province after merging with Ninh Thuan province and operating according to a streamlined organizational model.
Right from the beginning of the year, the Department of Finance promptly advised the Provincial People's Committee to issue a series of programs, plans, and decisions to manage socio-economic development closely following the policies of the Provincial Party Committee and the Resolution of the Provincial People's Council.
The results of implementation in 2025 show a positive socio-economic picture. In which, 15/22 targets exceeded the plan, 6/22 targets met the plan, and only 1 target was not met.
In the field of finance and budget, the Department of Finance has closely monitored revenue and expenditure developments, ensuring resource balance for disaster prevention, social security and key tasks.
Total state budget revenue in 2025 reached 38,926 billion VND, exceeding 39.1% of the centrally assigned estimate and increasing by 53.6% compared to the same period.
The Department also completed a large volume of work on preparing the 2026 budget estimate, building a financial and budget plan for 3 years (2026–2028) and 5 years (2026–2030); orienting budget expenditure restructuring in the direction of increasing development investment expenditure, saving regular expenditure, prioritizing resources for social security, national defense, security and disaster recovery.
Overcoming natural disasters, creating an attractive investment environment
In the context of rearranging administrative boundaries, the Department of Finance of Khanh Hoa has advised on completing the assignment of the 2025 public investment plan.
At the same time, monitor and flexibly adjust capital plans, prioritizing projects with good disbursement progress and urgent projects.
Notably, the Department has proactively coordinated to work with the ADB Country Director in Vietnam and received a Letter of Commitment to ODA capital for the Project to strengthen urban resilience and improve the environment of Khanh Hoa province. Thereby, creating an important step forward in mobilizing international capital.
In 2025, Khanh Hoa province issued 86 new non-budget investment projects with a total registered capital of about 503.2 trillion VND, including 11 FDI projects. Many large-scale projects in the industrial and urban sectors were implemented, creating long-term growth momentum.
The whole province has 2,841 newly established businesses, an increase of 23.7% compared to the previous year. Business support, investment environment improvement, and PCI index improvement are promoted through a series of investment promotion programs, business dialogue, support for digital transformation businesses, electronic payments, and improved management capacity.
Faced with the heavy damage caused by historic floods in November 2025, the Department of Finance has advised the Provincial People's Committee to allocate 1,096.5 billion VND to support people and repair infrastructure. Of which, more than 570 billion VND is for direct support for affected subjects.
The implementation is carried out urgently, in accordance with regulations, with the direct participation of officials and youth union members of the Department going to the grassroots level to support payment. Thereby, contributing to quickly stabilizing people's lives.
After the merger, the Department of Finance has reduced civil servant payroll by 38%, restructured the organization to 8 professional departments, ensuring smooth and uninterrupted operation.
Administrative reform and digital transformation continued to be promoted, with 98.3% of dossiers resolved on time and early, and the rate of online dossiers reached 99.3%.
