Politics · Vietnam Bureau
Vietnam's National Assembly approves 2027 central budget allocation
Lawmakers unanimously adopted the state's fiscal blueprint for 2027, projecting revenues of 1.7 quadrillion VND against expenditures exceeding 2.3 quadrillion VND. All 469 deputies present voted in favor of the measure on November 9.
LSN Vietnam ·
Vietnam's National Assembly on Friday unanimously approved the central budget allocation plan for 2027, setting the stage for the country's fiscal priorities over the coming year. The resolution passed with backing from all 469 deputies in attendance, reflecting broad consensus among lawmakers on the government's budgetary framework.
Under the approved plan, the state projects central budget revenue at more than 1.7 quadrillion Vietnamese dong, equivalent to approximately 66.62 billion U.S. dollars. The allocation framework anticipates total expenditures surpassing 2.3 quadrillion dong, reflecting the government's planned spending commitments across various sectors and programs.
The budget approval represents a key milestone in Vietnam's annual legislative calendar, as lawmakers finalize the financial roadmap guiding public investment, social spending, and other state priorities. The 2027 budget plan signals the National Assembly's endorsement of the government's macroeconomic strategy heading into the final years of the current economic development cycle.