Vietnam's Strategic Financial Framework for 2026–2030 Approved

The National Assembly of Vietnam has sanctioned an extensive national financial framework for the period 2026 to 2030, accompanied by guidelines for public debt management. This resolution was passed in the final session on April 24, 2026.

The main goal of the initiative is to develop a transparent, efficient, and sustainable financial system. It underscores the need for a proactive fiscal policy that aligns closely with monetary strategies to secure stable economic growth.

Authorities plan to leverage both domestic and international resources to achieve development aims while preserving stringent financial discipline. Additionally, the focus is on reorganizing the state budget, reinforcing the central budget's pivotal role, and enhancing local budgets' independence.

Projected total state budget revenues for the 2026–2030 timeline are approximately VND 16.4 million billion, while expenditures are set to be around VND 21.2 million billion. The government targets an average budget deficit of roughly 5 percent of GDP to keep public debt manageable.

It is estimated that the total borrowing required during this phase will reach about VND 6,497 trillion, with a substantial amount sourced from the central budget. Concurrently, stringent measures will be put in place to ensure responsible debt repayments and long-term financial sustainability.

The plan prioritizes upgrading tax policies, widening revenue sources, and boosting financial management transparency. Emphasis will be placed on earnings derived from land, natural resources, e-commerce, and digital platforms.

Furthermore, the government is committed to continuing economic reforms, improving coordination between fiscal and monetary policies, and enhancing the financial system's resilience to both global and local challenges. Authorities have been instructed to oversee effective execution and rigorous monitoring of the plan at all levels.