According to the Ho Chi Minh City Department of Finance, after the merger, the Central Government assigned the city to collect budget revenue of 697,395 billion VND. By the end of December 31, 2025, total state budget revenue in Ho Chi Minh City reached 800,043 billion VND, exceeding the estimate by 19.1%. Notably, domestic revenue is the biggest bright spot when it reached 574,240 billion VND, exceeding 26.8% of the central government's estimate. This revenue includes taxes, fees, charges, land use fees, land-surface rent, mining rights fees, administrative violation penalties and other revenues, excluding import and export taxes.
According to the Department of Finance, despite implementing many policies to exempt and reduce budget revenues according to the Central Government's regulations, domestic budget revenue in Ho Chi Minh City still increased sharply thanks to the clear recovery of businesses, stimulus policies and strict management of electronic invoices. As a result, corporate income tax and value-added tax recorded positive growth. In addition, the prosperous real estate market also contributed to increasing personal income tax and registration fee revenue.
In 2026, the Central Government assigned Ho Chi Minh City to collect more than 804,775 billion VND in budget revenue, accounting for about 31.8% of the total budget revenue estimate of the country. The city sets a target of budget revenue in 2026 exceeding at least 10% compared to 2025.
To realize this goal, Ho Chi Minh City continues to promote administrative procedure reform, improve the investment and business environment, and improve the competitiveness of the economy. Ho Chi Minh City focuses on supporting newly established businesses, expanding production, promptly removing difficulties and obstacles, and accelerating bidding to select investors to implement projects.
Along with that, Ho Chi Minh City closely monitors the progress of budget revenue collection, analyzes specifically by area, field and tax color; forecasts revenue closely to reality by month and quarter to proactively manage. Ho Chi Minh City reviews potential revenue sources, strengthens revenue management, combats revenue loss, and promotes coordination between departments and sectors and promptly propagates and 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, focuses on effectively managing e-commerce activities and foreign suppliers; deploys e-commerce platform data portals, expands the application of electronic invoices initiated from cash registers for businesses and business households. At the same time, inspection and examination work is 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 of Ho Chi Minh City is to effectively manage and exploit revenue from public assets. Ho Chi Minh City is developing a Project to manage land resources, focusing on public land areas and interspersed land; removing obstacles in land prices, auctions, and land allocations to promote land use fee collection, especially for projects that have land prices but are slow to fulfill financial obligations...
