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Hai Phong’s domestic revenue in the first eight months of 2026 is estimated at nearly VND 73 trillion, up 26.4% year on year, with many revenue items exceeding their expected collection progress and estimates.
Hai Phong’s domestic revenue in the first eight months of 2026 is estimated at VND 72.992 trillion, equivalent to 70.8% of the statutory estimate and 64.8% of the target, according to the City Tax Office.
Excluding land-use fees and land rent, revenue is estimated at VND 52.668 trillion, equivalent to 83.4% of the statutory estimate and up 26.4% from the same period in 2025.
11 of the 20 revenue targets have reached or exceeded the average annual collection progress, three of which exceeded their annual estimates. Specifically, revenue from Centrally managed State-owned enterprises is estimated at 101.6% of the statutory estimate, up 67.7% year on year; revenue from the use of marine areas is estimated at 340.1%, up 9%; and revenue from dividends, distributed profits and after-tax profits is estimated at 263.4% of the statutory estimate, up 299.3%.
Eight other revenue targets have also exceeded the average annual collection progress and increased from the same period in 2025. In particular, revenue from locally managed State-owned enterprises is estimated at 70.5% of the estimate, up 5.5% year on year; revenue from foreign-invested enterprises is estimated at 81.4%, up 40.7%; registration fees at 70.35%, up 13%; fees and charges at 73.9%, up 12.1%; non-agricultural land-use tax at 99.5%, up 40.9%; and revenue from lottery activities at 84.9%, up 17%.
MINH CHAM
