Government budget and revenue in Thanh Hoa, Vietnam: official figures
The 2025 state budget estimate for Thanh Hoa expects 44.27 trillion dong of state budget revenue to be collected in the province (Ministry of Finance, Decision 2894/QD-BTC), 9th highest of 63 provinces and cities. This is an estimate for 2025, not a result.
How much tax revenue per person is expected in Thanh Hoa?
Expected 2025 state budget revenue in Thanh Hoa comes to about 11,760,268 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 Thanh Hoa keep?
Of that, 24.36 trillion dong (55%) is revenue the local budget of Thanh Hoa keeps under the national sharing rules in the 2025 estimate.
Source: Ministry of Finance of Viet Nam · saved copyHow much will Thanh Hoa spend in 2025?
The 2025 estimate sets total balanced spending of the local budget of Thanh Hoa at 45.69 trillion dong, or 12,137,356 dong per resident (national: 13,249,508 dong).
Source: Ministry of Finance of Viet Nam · saved copyDoes Thanh Hoa receive money from the central government?
The central government plans to give the budget of Thanh Hoa a balancing grant of 14.82 trillion dong in 2025, which is 32% of its planned balanced spending.
Source: Ministry of Finance of Viet Nam · saved copyHow much of its spending does Thanh Hoa pay for itself?
Local revenue under the sharing rules covers 53% of the planned balanced local spending of Thanh Hoa in 2025; the rest comes from central grants, carried-over funds and other transfers.
Source: Ministry of Finance of Viet Nam · saved copyHow Thanh Hoa compares with other provinces
Estimated state budget revenue collected in the province, 2025 (billion dong) (2025)
Thanh Hoa ranks 9 of 63, highest first. Budget estimate, not a result
| Rank | Region | Estimated state budget revenue collected in the province, 2025 (billion dong) |
|---|---|---|
| 6 | Dong Nai | 60,080 billion dong |
| 7 | Quang Ninh | 55,366 billion dong |
| 8 | Hung Yen | 44,923 billion dong |
| 9 | Thanh Hoa | 44,268 billion dong |
| 10 | Bac Ninh | 38,691 billion dong |
| 11 | Quang Ngai | 31,950 billion dong |
| 12 | Hai Duong | 27,580 billion dong |
Estimated state budget revenue per resident, 2025 (thousand dong) (2025)
Thanh Hoa ranks 22 of 63, highest first. Budget estimate divided by the 2024 population
| Rank | Region | Estimated state budget revenue per resident, 2025 (thousand dong) |
|---|---|---|
| 19 | Long An | 13,697 thousand dong |
| 20 | Lao Cai | 12,393 thousand dong |
| 21 | Ha Tinh | 12,130 thousand dong |
| 22 | Thanh Hoa | 11,760 thousand dong |
| 23 | Lang Son | 11,179 thousand dong |
| 24 | Tay Ninh | 10,939 thousand dong |
| 25 | Thua Thien Hue | 10,468 thousand dong |
Share of planned local spending covered by local revenue, 2025 (2025)
Thanh Hoa ranks 34 of 63, highest first. Budget estimate
| Rank | Region | Share of planned local spending covered by local revenue, 2025 |
|---|---|---|
| 31 | Ninh Thuan | 61% |
| 32 | Tra Vinh | 55% |
| 33 | Vinh Long | 54% |
| 34 | Thanh Hoa | 53% |
| 35 | Lao Cai | 50% |
| 36 | Dong Thap | 50% |
| 37 | Thai Binh | 50% |
More on Thanh Hoa: 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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