Politics · Vietnam Bureau
Vietnam National Assembly approves 2027 state budget framework
Vietnam's National Assembly has adopted the 2027 state budget plan, targeting combined central and local revenues of over 3.3 quadrillion VND. The approval came as lawmakers expanded the legislative agenda and advanced bills addressing finance, budget, and investment priorities.
LSN Vietnam ·
The National Assembly ratified the 2027 budget resolution during proceedings this week, establishing revenue targets designed to support government spending and development priorities. Central budget revenue projections reached nearly 1.776 quadrillion VND, while local government revenues were set at approximately 1.559 quadrillion VND for the fiscal year.
The budget approval formed part of a broader legislative session in which lawmakers expanded the second session agenda to address four bills focusing on financial regulation, budgetary frameworks, and investment mechanisms. These additions underscored the legislature's focus on strengthening fiscal governance and capital allocation systems across the country.
The budget passage coincided with favorable progress on public investment execution, which reached 74.1 percent of annual targets as of the reporting period. This disbursement rate signals ongoing momentum in government-funded infrastructure and development programs supporting economic activity nationwide.