In order to proactively implement socio-economic development tasks for the new year, on December 12, 2025, the Chairman of the Hai Phong City People's Committee, Le Ngoc Chau, signed and issued Dcision No. 5055/QD-UBNDregarding the assignment of the 2026 state budget revenue and expenditure estimate to all levels, sectors, and units within the city.
Impressive Revenue Targets
According to the decision, the total state budget revenue in the city for 2026 is set at 194,935.654 billion VND. The specific revenue structure includes:
- Domestic revenue: 103,166 billion VND.
- Revenue from import and export activities: 84,200 billion VND.
- Supplementary revenue from the Central budget: 6,148.254 billion VND.
- Loans for infrastructure investment: 1,367.8 billion VND.
- Other revenue sources include mobilized contributions (50 billion VND) and aid (3.6 billion VND).
Prioritizing Resources for Development Investment and Social Security
The total local budget expenditure for 2026 is 90,731.134 billion VND. The city has clearly demonstrated its orientation to focus resources on strategic goals:
- Development investment expenditure: Reaching a total of more than 38,756 billion VND, which includes 36,741.5 billion VND from the local budget and over 2,014 billion VND from targeted central supplements.
- Recurrent expenditure: More than 42,911 billion VND.
- Salary reform sourcing: Specifically allocating 7,250.732 billion VND to prepare for the new salary policy reform roadmap.
- Budget contingency: 1,663.23 billion VND to proactively respond to urgent situations.
Tightening Financial Discipline and Practicing Thrift
The City People's Committee requires Level I estimating units and local governments to allocate capital according to a priority order: ensuring expenditure for salaries, allowances, social security policies, and regimes for people with meritorious services.
In particular, city leaders directed the serious implementation of thrift and anti-waste in accordance with the Law on Practice of Thrift and Anti-waste. Units need to maximize the reduction of non-essential expenses, such as conferences, workshops, ceremonies, and overseas study tours, to focus resources on the effective operation of the state management apparatus.
The Department of Finance is tasked with presiding over and coordinating with relevant units to inspect and supervise the allocation and implementation of the estimate to ensure compliance with norms and efficient budget use. This decision, effective from its signing date, creates an important legal basis for Hai Phong to make a strong breakthrough in 2026.