Provincial leaders inspect and encourage the closing of the 2025 state budget

The delegation saw the participation of Members of the Standing Board of the Provincial Party Committee, leaders of the Provincial People's Council and the Provincial People's Committee, and leaders of several provincial departments and agencies.

Provincial leaders present flowers to congratulate and encourage the provincial Finance sector in the process of closing the state budget in 2025.

Comrade Nguyen Le Huy, Member of the Standing Board of the Provincial Party Committee and Standing Vice Chairman of the Provincial People's Committee, delivers a speech encouraging the provincial Finance sector in the process of closing the state budget in 2025.

At the Department of Finance, the Standing Vice Chairman of the Provincial People's Committee listened to the Department's leader report on the closing of the budget in 2025. Accordingly, the collection of state budget revenue and local budget expenditure in 2025 achieved outstanding results. As of 12:00 AM on December 31, 2025, the total state budget revenue in the province reached VND 100,299 billion, equivalent to 181% of the allocated budget; of which domestic revenue reached VND 93,720 billion, import-export revenue reached VND 6,346 billion, and other revenue reached VND 233 billion.

The Head of the Department of Finance reports on the work of the Finance sector and the closing of the State budget in 2025.

The management and control of budget expenditures were carried out strictly, adhering closely to the budget estimates, ensuring progress, and promptly meeting the set tasks and plans. Budget expenditure tasks basically met the estimates, contributing to the achievement of the province's socio-economic development goals. By December 30, 2025, the disbursement of public investment capital throughout the province reached VND 31,245.4 billion, equivalent to 77.3% of the plan assigned by the Prime Minister.

Recurrent expenditures were managed proactively, in accordance with policies and regulations; practicing thrift, cutting unnecessary expenditures, and prioritizing resources for the implementation of the socio-economic recovery and development program, overcoming the consequences of natural disasters and epidemics, and ensuring social security.

Speaking at the Department of Finance, the Standing Vice Chairman of the Provincial People's Committee, Nguyen Le Huy, acknowledged and commended the sense of responsibility, effort, and dedication of the Finance sector and related agencies and units in managing and operating the state budget, especially during the peak period of year-end closing.

The Standing Vice Chairman of the Provincial People's Committee emphasized that the province's budget revenue exceeding the projected figures despite many difficulties is clear evidence of the decisive leadership and direction of the Provincial Party Committee, the Provincial People's Council, and the Provincial People's Committee; the synchronized and effective coordination between sectors and levels; and the great efforts of the financial and budget staff.

He requested the Department of Finance and related units to continue to thoroughly review and complete all stages of closing and settling the budget accurately, ensuring compliance with the law and preventing errors. The Finance sector proactively assesses and accurately forecasts the economic situation, advising the province on the solutions for the 2026 budget management in a flexible, rigorous, effective, and sustainable manner; focusing on effectively exploiting revenue sources, expanding the revenue base, strengthening financial and budgetary discipline; using the budget economically and efficiently, prioritizing investment in development, social welfare, and key tasks of the province. To continue to pay attention to the management of public assets; and innovate the process of investment tasks performance. In addition, promptly advise on the implementation of the State-owned Enterprise Restructuring Plan; accelerate the progress of restructuring, equitization, divestment…

The Standing Vice Chairman of the Provincial People's Committee also requested that each official, civil servant, employee, and worker in the Finance sector continue to promote the spirit of solidarity and responsibility, and provide more effective advice in their professional work, making an important contribution to the provincial Finance sector in effectively advising the Party Committee and government at all levels in the province on the management, direction, and operation of financial work. Through this, together with all levels, sectors, and localities of the province, realize the socio-economic development goals in 2026 and subsequent years.

*Previously, the Standing Vice Chairman of the Provincial People's Committee, Nguyen Le Huy, and the delegation visited and encouraged the closing of the 2025 budget at the Hung Yen Provincial Tax Department, the State Bank of Vietnam Branch 12, and the State Treasury Region IV.

Provincial leaders present flowers to congratulate and encourage the Hung Yen Provincial Tax Department in its work on closing the state budget in 2025.

The Hung Yen Provincial Tax Department leader reports on the department's work and the closing of the state budget in 2025 to the provincial delegation.

According to the Hung Yen Provincial Tax Department's report, as of December 31, total domestic revenue reached VND 93,720 billion, equivalent to 187.4% of the projected target; of which revenue excluding land use fees reached VND 35,604 billion, equivalent to 194.7% of the projected target. During the 2021-2025 period, domestic revenue is expected to continuously grow, ranking among the top in the country. Twelve out of sixteen revenue and tax items were completed and exceeded the budget forecast, and eleven out of sixteen items showed growth compared to the same period in 2024.

Provincial leaders present flowers to congratulate and encourage the State Bank of Vietnam, branch 12, on the closing of the state budget in 2025.

According to the report of the State Bank of Vietnam, branch 12, as of December 31, the total mobilized capital across the region reached approximately 695,000 billion VND, seeing an increase of 11.3% compared to the end of 2024, of which mobilized capital in Hung Yen province reached approximately 306,000 billion VND, seeing an increase of 10%. Total outstanding loans reached approximately 660,000 billion VND, seeing an increase of 24.1%. Outstanding loans in Hung Yen province alone in 2025 are expected to reach approximately 260,000 billion VND, seeing an increase of 16.4%. The non-performing loan ratio was controlled at 0.61% of the total outstanding loans.

Provincial leaders present flowers to congratulate and encourage officials and employees of the State Treasury Region IV in the work of closing the state budget in 2025.

Representatives from various units also focused on analyzing the situation, evaluating the results achieved, the causes, limitations, and proposing solutions to improve the efficiency of work in 2026.

Comrade Nguyen Le Huy, Member of the Standing Board of the Provincial Party Committee, Standing Vice Chairman of the Provincial People's Committee, gives a speech to encourage the Hung Yen Provincial Tax Department in the work of closing the state budget in 2025.

In his speech encouraging officials, employees, and workers at the units, the Standing Vice Chairman of the Provincial People's Committee, Nguyen Le Huy, acknowledged and highly appreciated the sense of responsibility and close coordination of the Tax Department, the State Bank of Vietnam, and the State Treasury in the management and operation of the budget; at the same time, it is requested that units continue to improve the quality of forecasting, modernize the management system, ensure the safety and smooth operation of financial and budgetary activities, contributing to the successful implementation of tasks of the sectors as well as contributing to the socio-economic development of the province in 2026 and subsequent years.