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In the first four months of 2026, Vietnam’s Tax Department collected 1.006 trillion dong in tax revenue, up 16.7% year-on-year, creating room for the sector to meet its 2.6 quadrillion dong revenue target as it continues reforms, digitization, and efforts to broaden revenue sources.
The Vietnam Tax White Paper 2026 launch ceremony was held on the afternoon of May 12, 2026, at the Tax Department’s headquarters, with the participation of the Minister of Finance. Despite challenges and large-scale tax relief policies, the sector achieved and exceeded the targets set by the National Assembly for 2021–2025.
For 2021–2025, total state budget revenue was about 9.922 quadrillion dong, up 19.5% versus the target. The revenue-to-GDP ratio reached 18.8%, exceeding the “not less than 16%” target. Tax revenue managed by tax authorities in the period totaled 8.527 quadrillion dong, up 24.1% of the plan.
Over time, the Tax Department’s share of total state budget revenue continued to rise: from 81% in 2011–2015, to 82.1% in 2016–2020, and to about 85.9% in 2021–2025. The sector has maintained a five-year streak of meeting and surpassing revenue targets, supporting resources for socio-economic development and macro-financial stability.
In addition to revenue collection, the Tax Authority implemented tax relief policies with total support of over 900 trillion dong, aimed at easing difficulties for people and businesses.
Looking ahead to 2026, the sector is assigned a revenue target of 2.242 quadrillion dong, including domestic revenue of 2.199 quadrillion dong. To achieve this, the sector plans to continue digital transformation, strengthen risk management, and curb revenue leakage, targeting at least 10% revenue growth over 2025.
Four-month results show positive momentum: total revenue managed by the Tax Department reached 1.006 trillion dong, equivalent to 44.9% of the plan and up 16.7% year-on-year. The manufacturing and business sector remained a key growth driver, with 28.3% growth.
Minister of Finance Ngo Van Tuan said: “In 2026, the Tax Department must strive to complete above the forecast in all revenue items and localities, while ensuring a minimum 10% increase over 2025 results.”
For 2026–2030, the stated goal is total budget revenue of at least 20% of GDP, with tax and fees accounting for at least 17%. Based on this, the Tax Department aims to meet the 2026 budget estimate of about 2.6 quadrillion dong while ensuring the principle of accurate, full, and timely tax collection.
At the conference, the Tax Department officially released the “Vietnam Tax White Paper 2026,” outlining the policy framework and tax administration results, along with challenges and reform directions for the near future.
The development orientation for 2026–2030 is built on four pillars:
Alongside the White Paper, the Tax Department introduced new technology solutions, including AI to assist household businesses with tax declarations and biometric solutions to ensure safety when registering for electronic invoices. The announcement and technology rollout were presented as part of a push toward modernization, improved management efficiency, greater transparency, enhanced safety, and better service for taxpayers.
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