According to the Hanoi City Electronic Information Portal, last year, the city's budget revenue surpassed the 500,000 billion VND mark for the first time.

Specifically, Hanoi's total state budget revenue in 2025 exceeded its estimate by 37%, reaching nearly 704,580 billion VND. This marks an all-time high for the city, trailing only Ho Chi Minh City, which recorded over 800,000 billion VND.

Regarding the revenue structure, the capital's domestic revenue reached 662,281 billion VND. Revenue from exports and imports totaled 38,897 billion VND, while crude oil contributed 2,483 billion VND.

In late november, the city estimated land use fee revenue at 89,000 billion VND, marking a 167% increase compared to the same period last year. This surge was the most significant, exceeding the growth rates of other revenue streams like domestic, export-import, and crude oil.

This figure reflects the positive growth momentum of Hanoi's real estate market. Since the beginning of the year, the city has seen the implementation of numerous real estate projects, significantly boosting revenue.

Conversely, the capital's budget expenditure reached 155,734 billion VND, a 46% increase compared to 2024. This included 85,038 billion VND for development investment, exceeding the Government's allocated estimate by approximately 1,6%. Regular expenditure amounted to over 70,544 billion VND.

These results ensured Hanoi's budget could fundamentally balance resources for socioeconomic development, social welfare, and the operations of various administrative levels and sectors. This also contributed to the city's gross regional domestic product (GRDP) growth reaching 8,16%.

For 2026, Hanoi's projected budget revenue is 650,111 billion VND, with local budget expenditure exceeding 236,000 billion VND. The city aims for GRDP growth of 11% or more, laying the groundwork for double-digit growth during the 2026-2030 period.

Anh Tu