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Government budget and revenue in Vinh Phuc, Vietnam: official figures

The 2025 state budget estimate for Vinh Phuc expects 27.03 trillion dong of state budget revenue to be collected in the province (Ministry of Finance, Decision 2894/QD-BTC), 13th highest of 63 provinces and cities. This is an estimate for 2025, not a result.

How much tax revenue per person is expected in Vinh Phuc?

Expected 2025 state budget revenue in Vinh Phuc comes to about 22,056,639 dong per resident (2024 population), against 20,929,118 dong across all provinces and cities.

Source: Ministry of Finance of Viet Nam · saved copy

How much of the tax revenue does Vinh Phuc keep?

Of that, 14.51 trillion dong (54%) is revenue the local budget of Vinh Phuc keeps under the national sharing rules in the 2025 estimate.

Source: Ministry of Finance of Viet Nam · saved copy

How much will Vinh Phuc spend in 2025?

The 2025 estimate sets total balanced spending of the local budget of Vinh Phuc at 16.64 trillion dong, or 13,577,943 dong per resident (national: 13,249,508 dong).

Source: Ministry of Finance of Viet Nam · saved copy

Does Vinh Phuc receive money from the central government?

Vinh Phuc has no balancing grant from the central budget in the 2025 estimate: it funds its balanced spending from its own share of revenue.

Source: Ministry of Finance of Viet Nam · saved copy

How much of its spending does Vinh Phuc pay for itself?

Local revenue under the sharing rules covers 87% of the planned balanced local spending of Vinh Phuc in 2025; the rest comes from central grants, carried-over funds and other transfers.

Source: Ministry of Finance of Viet Nam · saved copy

How Vinh Phuc compares with other provinces

Estimated state budget revenue collected in the province, 2025 (billion dong) (2025)

Vinh Phuc ranks 13 of 63, highest first. Budget estimate, not a result

RankRegionEstimated state budget revenue collected in the province, 2025 (billion dong)
10Bac Ninh38,691 billion dong
11Quang Ngai31,950 billion dong
12Hai Duong27,580 billion dong
13Vinh Phuc27,026 billion dong
14Da Nang City25,655 billion dong
15Long An24,055 billion dong
16Khanh Hoa23,659 billion dong
Source: Ministry of Finance of Viet Nam · saved copy

Estimated state budget revenue per resident, 2025 (thousand dong) (2025)

Vinh Phuc ranks 11 of 63, highest first. Budget estimate divided by the 2024 population

RankRegionEstimated state budget revenue per resident, 2025 (thousand dong)
8Binh Duong25,127 thousand dong
9Bac Ninh25,017 thousand dong
10Ha Nam23,446 thousand dong
11Vinh Phuc22,057 thousand dong
12Da Nang City20,106 thousand dong
13Khanh Hoa18,639 thousand dong
14Ninh Binh18,545 thousand dong
Source: Ministry of Finance of Viet Nam · saved copy

Share of planned local spending covered by local revenue, 2025 (2025)

Vinh Phuc ranks 16 of 63, highest first. Budget estimate

RankRegionShare of planned local spending covered by local revenue, 2025
13Bac Ninh92%
14Quang Ninh90%
15Ninh Binh90%
16Vinh Phuc87%
17Tay Ninh87%
18Ho Chi Minh City85%
19Dong Nai84%
Source: Ministry of Finance of Viet Nam · saved copy

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Sources

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