Government budget and revenue in Hoa Binh, Vietnam: official figures
The 2025 state budget estimate for Hoa Binh expects 5.58 trillion dong of state budget revenue to be collected in the province (Ministry of Finance, Decision 2894/QD-BTC), 15th lowest of 63 provinces and cities. This is an estimate for 2025, not a result.
How much tax revenue per person is expected in Hoa Binh?
Expected 2025 state budget revenue in Hoa Binh comes to about 6,238,122 dong per resident (2024 population), against 20,929,118 dong across all provinces and cities.
Source: Ministry of Finance of Viet Nam · saved copyHow much of the tax revenue does Hoa Binh keep?
Of that, 4.92 trillion dong (88%) is revenue the local budget of Hoa Binh keeps under the national sharing rules in the 2025 estimate.
Source: Ministry of Finance of Viet Nam · saved copyHow much will Hoa Binh spend in 2025?
The 2025 estimate sets total balanced spending of the local budget of Hoa Binh at 14.98 trillion dong, or 16,745,840 dong per resident (national: 13,249,508 dong).
Source: Ministry of Finance of Viet Nam · saved copyDoes Hoa Binh receive money from the central government?
The central government plans to give the budget of Hoa Binh a balancing grant of 7.44 trillion dong in 2025, which is 50% of its planned balanced spending.
Source: Ministry of Finance of Viet Nam · saved copyHow much of its spending does Hoa Binh pay for itself?
Local revenue under the sharing rules covers 33% of the planned balanced local spending of Hoa Binh in 2025; the rest comes from central grants, carried-over funds and other transfers.
Source: Ministry of Finance of Viet Nam · saved copyHow Hoa Binh compares with other provinces
Estimated state budget revenue collected in the province, 2025 (billion dong) (2025)
Hoa Binh ranks 49 of 63, highest first. Budget estimate, not a result
| Rank | Region | Estimated state budget revenue collected in the province, 2025 (billion dong) |
|---|---|---|
| 46 | Gia Lai | 6,252 billion dong |
| 47 | Soc Trang | 6,130 billion dong |
| 48 | Ca Mau | 5,986 billion dong |
| 49 | Hoa Binh | 5,580 billion dong |
| 50 | Phu Yen | 5,540 billion dong |
| 51 | Quang Tri | 4,651 billion dong |
| 52 | Bac Lieu | 4,382 billion dong |
Estimated state budget revenue per resident, 2025 (thousand dong) (2025)
Hoa Binh ranks 41 of 63, highest first. Budget estimate divided by the 2024 population
| Rank | Region | Estimated state budget revenue per resident, 2025 (thousand dong) |
|---|---|---|
| 38 | Vinh Long | 6,621 thousand dong |
| 39 | Dong Thap | 6,286 thousand dong |
| 40 | Phu Yen | 6,258 thousand dong |
| 41 | Hoa Binh | 6,238 thousand dong |
| 42 | Nam Dinh | 6,034 thousand dong |
| 43 | Tien Giang | 5,896 thousand dong |
| 44 | Thai Binh | 5,545 thousand dong |
Share of planned local spending covered by local revenue, 2025 (2025)
Hoa Binh ranks 54 of 63, highest first. Budget estimate
| Rank | Region | Share of planned local spending covered by local revenue, 2025 |
|---|---|---|
| 51 | Dak Lak | 35% |
| 52 | Kon Tum | 34% |
| 53 | Dak Nong | 34% |
| 54 | Hoa Binh | 33% |
| 55 | Tuyen Quang | 31% |
| 56 | Yen Bai | 26% |
| 57 | Son La | 23% |
More on Hoa Binh: overview · economy and jobs · health · education and schools · poverty and living standards · Vietnam
Sources
- Ministry of Finance of Viet Nam: Decision 2894/QD-BTC of 9 December 2024 publishing the 2025 state budget estimate, Form 21/CK-NSNN (revenue and balancing grant by province), read 23 October 2026 · saved copy (SHA-256 35c81612fadf…)
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