Thông tư 56/2025/TT-BTC hướng dẫn xây dựng dự toán ngân sách nhà nước năm 2026 và kế hoạch tài chính - ngân sách nhà nước 03 năm 2026-2028 do Bộ trưởng Bộ Tài chính ban hành

CIRCULAR

ON GUIDELINES FOR THE PREPARATION OF THE STATE BUDGET ESTIMATE FOR 2026 AND THE FINANCIAL AND STATE BUDGET PLAN FOR 2026-2028

Pursuant to the Law on State Budget dated June 25 2015; the Law on amendments to the Law on Securities, the Law on Accounting, the Law on Independent Audit, the Law on State Budget, the Law on Management and Use of Public Property, the Law on Tax Administration, the Law on National Reserves, the Law on Personal Income Tax and the Law on Handling of Administrative Violations dated November 29 2024;

Pursuant to the Law on Public Investment dated November 29, 2024;

Pursuant to Decree No. 163/2016/ND-CP dated December 21 2016 of the Government on elaboration of and guidelines for the Law on State Budget;

Pursuant to Decree No. 45/2017/ND-CP dated April 21 2017 of the Government on elaboration of the formulation of the five-year financial plan and the three-year financial and state budget plan;

Pursuant to Decree No. 31/2017/ND-CP dated March 23 2017 of the Government promulgating the Regulation on formulation, appraisal and approval of the five-year local financial plan, the five-year medium-term public investment plan, the three-year local financial and state budget plan, formulation and allocation of local budgets, and approval of annual local budget settlement;

Pursuant to Decree No. 149/2025/ND-CP dated June 12 2025 of the Government on elaboration of certain amendments to the Law on State Budget under Article 4 of Law No. 56/2024/QH15;

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Pursuant to Directive No. 14/CT-TTg dated May 28 2025 of the Prime Minister on formulation of the socio-economic development plan and the state budget estimate for 2026;

At the request of the Director of the State Budget Department;

The Minister of Finance hereby promulgates this Circular providing guidelines for the preparation of the state budget estimate for 2026  and the financial and state budget plan for 2026-2028.

Chapter I

GENERAL PROVISIONS

Article 1. Scope

This Circular provides guidance on certain contents in assessing the execution of state budget assignments in 2025, and in the preparation of the state budget estimate for 2026  and the financial and state budget plan for 2026-2028.

Article 2. Regulated entities

1. Regulatory agencies, political organizations and the Vietnam Fatherland Front.

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Chapter II

ASSESSMENT OF THE EXECUTION OF STATE BUDGET ASSIGNMENTS IN 2025

Article 3. Bases for assessment

1. Resolutions of the National Assembly, the Government, and People’s Councils at all levels, and directing documents of competent authorities on the state budget estimate for 2025:

a) Resolutions of the National Assembly on the five-year plans for the 2021-2025 period, including: Resolution No. 16/2021/QH15 dated July 27 2021 on the 2021-2025 Socio-economic Development Plan; Resolution No. 23/2021/QH15 dated July 28 2021 on the National Financial Plan and Public Debt Borrowing and Repayment Plan for the 2021-2025 period; Resolution No. 29/2021/QH15 dated July 28 2021 on the 2021-2025 Medium-term Public Investment Plan; and Resolution No. 31/2021/QH15 dated November 12 2021 on the 2021-2025 Economic Restructuring Plan.

b) Resolutions of the National Assembly: Resolution No. 158/2024/QH15 dated November 12 2024 on the 2025 Socio-economic Development Plan; Resolution No. 159/2024/QH15 dated November 13 2024 on the 2025 state budget estimate; Resolution No. 160/2024/QH15 dated November 13 2024 on the allocation of the central budget for 2025; Resolution No. 192/2025/QH15 dated February 19 2025 on supplementing the Socio-economic Development Plan for 2025 with a target of at least 8% growth; Resolution No. 193/2025/QH15 dated February 19 2025 on piloting certain special mechanisms and policies to create breakthroughs in national science, technology, innovation and digital transformation; and Resolution No. 197/2025/QH15 dated May 17 2025 on special mechanisms and policies to create breakthroughs in law-making and law implementation.

c) Resolutions of the Government:  Resolution No. 01/NQ-CP dated January 8 2025 on key tasks and solutions for the execution of the 2025 Socio-economic Development Plan and the state budget estimate (Resolution No. 01/NQ-CP); Resolution No. 25/NQ-CP dated February 5 2025 on growth targets of sectors, fields and localities to ensure the national growth target of 8% or more in 2025; Resolution No. 124/NQ-CP dated May 8 2025 on the Government’s regular meeting of April 2025 and other monthly regular meeting resolutions.

d) Decisions of the Prime Minister and Presidents of People’s Committees at all levels on the assignment of state budget estimates, plans for investment capital from state budget sources, and additional budget allocations during the execution of the state budget for 2025 (if any), including supplementary estimates for implementation of policies and regimes of ministries and central agencies in the course of organizational rearrangement.

dd) Resolutions of People’s Councils, Decisions of People’s Committees, and Directives of Presidents of People’s Committees at all levels on key tasks and solutions for the execution and management of the local socio-economic development plan for 2025 and local budget estimate; the five-year local socio-economic development plan and five-year financial plan of each locality.

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g) Circular No. 88/2024/TT-BTC dated December 24 2024 of the Minister of Finance on organization and execution of the state budget estimates for 2025 (Circular No. 88/2024/TT-BTC).

2. Other documents:

a) Documents guiding financial and public property management and state budget tasks in organizational rearrangement and development of the two-tier local government model;

b) Documents of competent authorities on revenue regimes, policies on extension, exemption and reduction of taxes, fees, charges and other revenues, and solutions on revenue to remove difficulties for enterprises and citizens; regulations on reduction and saving of recurrent expenditure affecting the execution of state budget revenue and expenditure assignments in 2025;

c) Conclusions and recommendations of inspection, audit and examination agencies regarding administrative procedure reform, management and use of public finance and public property, settlement of complaints and denunciations, practice of thrift, anti-waste and anti-corruption activities related to state budget revenue and expenditure operations.

Article 4. Assessment of the execution of state budget revenue assignments in 2025

1. Requirements for assessment:

- Assess the execution of the assigned budget estimates or the re-determined estimates after adjustments and organizational rearrangement and development of the two-tier local government model.

- Ensure compliance with the Law on State Budget and guiding documents, legal regulations on state budget revenues and directives and administrative documents on state budget management issued by competent authorities; provide a comprehensive assessment of each tax, fee and charge, and other state budget revenues; exclude from state budget balance any fees converted to service prices under the Law on Fees and Charges, and any deductions retained by regulatory agencies (except central administrative agencies that previously applied special income financial mechanisms under Resolution No. 104/2023/QH15, Resolution No. 142/2024/QH15 and Resolution No. 160/2024/QH15) or retained fees collected from services performed by public sector entities and organizations authorized by regulatory agencies.

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2. Assessment contents:

a) Assess and analyze objective and subjective causes and impacts on the increase or decrease of each 2025 state budget revenue indicator, specifically:

- Factors affecting production-business and import-export activities of enterprises and economic organizations by sector; output and consumption, selling prices, and profits of key goods and services in the locality; impacts of natural disasters and epidemics; fluctuations in crude oil prices and input raw materials; fluctuations in the securities market and real estate market; impacts of changes in policies and in the scope and beneficiaries of tax incentives.

- Factors causing increases or decreases in revenue due to legal policy changes; countervailing tax policy responses of the United States authorities; implementation of tariff-cutting roadmaps under integration commitments.

b) Work on urging, recovering, and handling tax arrears in the first 6 months of 2025; projections for the remaining months of 2025 (compared to assigned targets and plans, if any) and the estimated total amount of tax arrears as of December 31 2025. Results of implementing recommendations of the State Audit Office, inspection bodies, and decisions on collection of underpaid taxes issued by tax authorities at all levels.

c) Status of value-added tax refunds (excluding refunds of overpaid VAT) in 2025 on the basis of correct policies and in line with actual arising; reporting to competent authorities on supplementary funding for refunds (if any) so as to make VAT refunds to taxpayers fully, promptly, and rigorously in accordance with law; supervision, inspection, audit, and timely recovery of VAT refunds granted against regulations; recommendations (if any).

d) Status of refunds of taxes, late-payment interest, and fines overpaid by taxpayers as prescribed (report number of applications processed/decisions on refund issued and refunded amounts); difficulties and obstacles; recommendations on mechanisms and policies, management technology, and organizational coordination during implementation (if any).

dd) Status of budget revenues from land (including land use levy and land rents) under The Land Law 2024 and its guiding documents, compared to the assigned estimate.

g) Status of state budget revenues from the utilization and handling of public property managed and handled by agencies, organizations, and units under the Law on Management and Use of Public Property (after deducting related costs); especially the handling of surplus public property following organizational rearrangement.

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i) Results of coordination among Ministries, central agencies and localities in management and removal of difficulties and obstacles relating to state budget revenues; auction of State property; auction of land use rights; and organization of inspection, examination, urging recovery of tax arrears, combating revenue loss and transfer pricing; outstanding issues, obstacles and remedial solutions.

k) Status of revenues from administrative sanctions, fines, confiscations, revenues from auctions of vehicle license plate numbers, and other remittances to the state budget in 2025 as prescribed.

l) Regulatory agencies shall assess the status of fee and charge collection under the Law on Fees and Charges and report the following:

- Regarding fee revenues retained: assess retained revenues for the first 6 months and the whole of 2025;

- Regarding expenditures from retained fee revenues:

+ Report the legal framework governing these expenditure assignments from retained fees (type of fee, retention ratio, expenditure assignments financed by retained fees; regimes and spending norms, including internal spending regulations, if any);

+ Status of implementation of expenditure assignments financed by retained fees for the first 6 months and the whole year (classified by each expenditure task as per the said legal framework), specifying tasks performed within 1 year and multi-year tasks (report the total approved amount, the amount already allocated, and the amount remaining to be allocated). Provide projections of the balance remaining at the end of fiscal year 2025.

m) Status of ODA and grant revenues in the first 6 months and projections for the whole of 2025.

n) Status of the collection of the income-expense differential of the State Bank of Vietnam; difficulties, obstacles, and recommendations (if any).

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1. Report estimates adjusted by competent authorities (if any) or re-determined estimates under the plan for organizational rearrangement and development of the two-tier local government model; the status of allocation and assignment of estimates and expenditure cuts after organizational rearrangement and development of the two-tier local government model; difficulties and recommendations (if any).

2. Assess the execution of the development investment expenditure estimate for 2025 (excluding credit tasks and national target programs); therein provide specific reports on science, technology, innovation and digital transformation; education-training and vocational education; law-making; health, population, and family:

- Development investment expenditure for programs and projects

+ Status of allocation, assignment, adjustment, and supplementation (if any) of the development investment expenditure estimate for 2025 from state budget sources, detailed by each sectoral expenditure (including a full aggregation of funds arranged for science, technology, innovation and digital transformation; education, training and vocational education; law-making; health, population and family, if any), with indicators including: deadlines for allocation and assignment of plans to investors; results of arranging estimates to recover state budget advances and to pay outstanding basic construction debts arising before January 1 2015 from state budget sources under Clause 6 Article 103 of the Law on Public Investment (particularly unfinished projects pending approval of completion settlement by competent authorities; projects with outstanding advances from previous years that must continue to be recovered; projects with approved completion settlement but inadequate funding arranged for payment, if any); difficulties, obstacles and recommendations.

+ Status of execution of development investment expenditure estimates for programs and projects funded by the state budget for 2025 (including carryovers from previous years to 2025 as prescribed); assess and analyze causes of slow disbursement (if any), detailed by each expenditure sector, including:

Public investment programs and projects (specifically each national important project, key project, national transport infrastructure project, and inter-regional connectivity project that promotes rapid and sustainable socio-economic development): status of implementation and disbursement up to the end of June 2025; projected implementation capacity up to January 31 2026; detailed by each funding source (including, for development investment expenditure of local budgets, a detailed annex by project group and sector; and central budget funds for targeted support from foreign and domestic sources); attach detailed annexes for each project showing the approved total investment, cumulatively arranged and paid capital up to the end of 2024, capital plans carried over from previous years to 2025, capital plan for 2025 — including supplementary or adjusted funds — and estimated implementation in 2025 (with explanation of causes).

Assess the status of implementation and disbursement of the 2024 capital plan authorized for extension into 2025, especially transitional projects that must be fully funded to finish in 2025 and subsequent-phase transitional projects according to approved schedules for each specific project (detailing total investment, funding sources, capital plans including plans already arranged in previous years and plans extended into 2025, cumulative disbursement since commencement, cumulative payments from extended capital plans of previous years up to the reporting date, implementation progress, difficulties, etc.).

Assess execution of investment expenditure assignments assigned from sources of increased revenues, reductions and savings in recurrent expenditure during 2021-2024 decided for implementation in 2025, and from budget contingency at all levels in 2025 (if any).

Assess the status of recovery of advances (capital plans arranged for recovery in 2025; outstanding advances to be recovered under the 2021-2025 medium-term public investment plan by funding source (central budget, local budgets); the basis for determining responsibilities of the central or local level for capital arrangement; and the capacity to arrange sufficient capital to fully recover advances in 2025 in accordance with regulations).

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- Impacts on the state budget of converting projects implemented under the public-private partnership modality into public investment modality (if any), and of supplementing the development investment expenditure estimate for 2025 from state budget sources (if any).

- Status of finalization (settlement) of completed public investment projects, specifying: number of projects with approved final settlement; amount of public investment already paid in excess of the approved settled value but not yet recovered for remittance to the state budget; number of completed public investment projects not yet settled as prescribed by the end of June 2025 and projected by year-end 2025; and causes.

3. Assessment of the execution of state credit tasks in 2025:

Status of implementation of the plan for State preferential investment credit and policy credit in the first 6 months and the estimated whole of 2025 (capital mobilization; Government-guaranteed bond issuance; credit growth; disbursement; recovery of principal; outstanding loan balances; state budget subsidies for preferential credit interest and management fees, etc.); administrative procedure reform in loan appraisal processes.

4. Assess the status of allocation, assignment, and execution of estimates in the first 6 months and the projected whole of 2025 for development investment expenditure assignments of the state budget for 2025 outside the scope of the Law on Public Investment (expenditure for the Investment Support Fund under Decree No. 182/2024/ND-CP dated December 31 2024 of the Government; investment expenditure under the Law on Management and Use of State Capital Invested in Enterprises’ Manufacturing and Business Activities; and tasks under decisions of competent authorities); outstanding issues, difficulties, causes, and recommendations (if any).

5. Assess the status in the first 6 months of 2025 and the estimated whole of 2025 regarding total mobilized resources and the structure of socialized investment resources by sector; number of facilities invested with socialized resources; achieved results; outstanding issues, causes, and recommendations (if any).

Article 6. Assessment of the execution of recurrent expenditure assignments in 2025

Report estimates adjusted by competent authorities (if any) or re-determined estimates under the plan for organizational rearrangement and development of the two-tier local government model; the status of allocation, assignment of estimates and expenditure cuts (payroll, operating expenditure, etc.) after organizational rearrangement and development of the two-tier local government model; difficulties and recommendations (if any).

a) Status of allocation, assignment, and execution of recurrent expenditure estimates for the first 6 months and the projected whole of 2025 by each assigned expenditure sector.  Provide specific reports on science, technology, innovation and digital transformation; education-training and vocational education; expenditures serving law-making; health, population and family; and expenditure assignments financed concurrently from both recurrent and investment sources under the Law on State Budget and other relevant laws.

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c) Results of implementing objectives, tasks, programs, schemes, and major projects funded by recurrent expenditure of the state budget in the first 6 months and the projected whole of 2025; difficulties, obstacles, and proposals, specifically:

- Review and identify tasks and policy regimes that have ended or expired; recommend amendments, additions, annulment, or replacement of regimes and policies inconsistent with law and actual implementation.

- Status of downsizing the payroll and of regimes and policies applicable to non-reappointment or non-reassignment cases and to officials leaving office, retiring at their own request, and to officials, civil servants, public employees, workers, and armed forces personnel in the organizational rearrangement of the political system: in the first 6 months and the estimated whole of 2025. Detail the number of persons who had left as of June 30 2025, those projected to leave in the last 6 months, funding needs and amounts already paid under policies prescribed in Decree No. 29/2023/ND-CP, Decree No. 154/2025/ND-CP, Decree No. 177/2024/ND-CP, Decree No. 178/2024/ND-CP, and Decree No. 67/2025/ND-CP; amounts already proposed and amounts projected to be proposed for inclusion in the central budget estimate in the remaining months.

(Detail reporting form as per Form No. 04a enclosed)

- Status of allocation of the bonus fund under Decree No. 73/2024/ND-CP.

- Assessment of funding reductions and savings resulting from organizational rearrangement and implementation of the two-tier local government model under Resolution No. 18-NQ/TW dated October 25 2017 of the 6th Plenum of the 12th Central Committee, Plan No. 04-KH/BCD dated November 13 2024 of the Central Steering Committee on the review of the implementation of Resolution No. 18-NQ/TW, and Plan No. 141/KH-BCDTKNQ18 dated December 06 2024 of the Steering Committee on the review of the implementation of Resolution No. 18-NQ/TW, including reductions in recurrent expenditure (detailing reductions in payroll fund and operating expenditure of the apparatus); reductions in development investment expenditure (expenditure on upgrading, renovation, new construction of head offices, etc.), with specific reports for each regulatory agency, unit, and locality submitted to the Ministry of Finance for consolidation and reporting to competent authorities.

(Detail reporting forms as per Forms No. 04b and 04c enclosed)

- Results of the rearrangement and renewal of the system, management, and improvement of the quality and efficiency of operations of public sector entities in the first 6 months and the estimated whole of 2025, in line with the objectives and tasks under Resolution No. 19-NQ/TW dated October 25 2017 of the 6th Plenum of the 12th Central Committee (Resolution No. 19-NQ/TW), Decree No. 60/2021/ND-CP dated June 21 2021 of the Government on the financial autonomy mechanism of public service entities (Decree No. 60/2021/ND-CP), and Circular No. 56/2022/TT-BTC dated September 16 2022 of the Minister of Finance providing guidance on certain contents of the financial autonomy mechanism of public sector entities and on the handling of property and finance upon reorganization or dissolution of public sector entities (Circular No. 56/2022/TT-BTC).

- Assessment of the implementation of the 10% saving in recurrent expenditure under Resolution No. 01/NQ-CP dated January 08 2025 of the Government on key tasks and solutions for the execution of the 2025 Socio-economic Development Plan and the state budget estimate, and Resolution No. 173/NQ-CP dated June 13 2025 of the Government on the scope and beneficiaries of recurrent expenditure savings under the estimate for 2025.

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1. Report on the comprehensive review of the legal framework and submission to competent authorities for consideration and decision on amendments or annulment of special financial and income mechanisms under Resolution No. 104/2023/QH15, Resolution No. 142/2024/QH15, and Resolution No. 160/2024/QH15 of the National Assembly (if any); impacts on state budget revenues and expenditures compared with the assigned estimate 2025.

2. For cases submitted for annulment of special financial and income mechanisms, provide specific reports on: (i) remaining revenues (if any); (ii) handling of transitional development investment expenditure assignments (if any).

3. Report on the execution of the assigned estimates for 2025; allocation and disbursement of investment and recurrent tasks to date and projections for the whole year; difficulties, obstacles, and recommendations, including:

a) Development investment expenditure assignments, detailed by project and funding source (state budget; retained fees, operational revenues, and other lawful sources, if any).

b) Recurrent expenditure assignments, detailing: payroll fund (including rank-based salaries, salary-based contributions, and additional income under special mechanisms, if any), professional and operational expenditures; in which, specify each funding source (state budget, retained fees, operational revenues, and other lawful sources, if any) and separately present regular operation, maintenance and routine upkeep expenditures and special operational expenditures, similarly to within-norm expenditures and special out-of-norm expenditures of state administrative management as provided in Resolution No. 01/2021/UBTVQH15 dated September 01 2021 of the Standing Committee of the National Assembly (Resolution No. 01/2021/UBTVQH15) and Decision No. 30/QD-TTg dated October 10 2021 of the Prime Minister (Decision No. 30/QD-TTg) on principles, criteria, and norms for allocation of recurrent state budget expenditure in 2022.

4. Provide specific reports on levels of arrangement of development investment expenditure and recurrent funding for tasks under Resolution No. 57/NQ-TW, Resolution No. 66/NQ-TW, expenditures on education and training, expenditures on health, population and family, and recurrent expenditure assignments of an investment nature under Decree No. 138/2024/ND-CP and Decree No. 98/2025/ND-CP of the Government.

Article 8. Assessment of the execution of the national reserve plan and the national reserve expenditure estimate for 2025

Ministries and sectors managing national reserve goods shall assess the status of execution of the national reserve plan and the national reserve expenditure estimate for the first 6 months, the capacity for execution for the whole of 2025, and cumulative execution in the 2021-2025 period; advantages, difficulties, obstacles and recommendations, proposals (if any).

Article 9. Assessment of the execution of the three national target programs and other programs, projects, and schemes in 2025 and during 2021-2025

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Based on current regulations and guiding documents of competent authorities, Ministries, central agencies, People’s Committees of provinces and centrally-affiliated cities, and state budget-estimating agencies and state budget-using units shall assess the status of allocation and use of the 2025 state budget estimate (detailing estimates carried over from previous years to 2025 under regulations for implementation and the assigned estimate for 2025, if any), the capacity to use and disburse the portion of the estimate for 2025 not yet assigned for the national target programs under Resolution No. 160/2024/QH15 of the National Assembly on allocation of the central budget for 2025 and Decisions of the Prime Minister; advantages, difficulties, and recommendations (if any). In particular:

a) The program-managing agency shall take the lead and coordinate with the Ministry of Finance and project/ subproject/ component content owners in reporting on the promulgation/submission for promulgation of amendments to relevant mechanisms and policies (if any); assess the allocation and use of the state budget, detailed by projects, subprojects, component contents, development investment expenditure, recurrent expenditure, domestic capital, and foreign capital (if any), and compliance with regulations on balancing and arranging counterpart funds of localities.

b) The program-governing body (Ministries, central agencies and People’s Committees of provinces and centrally-affiliated cities) shall assess amendments/submissions for amendments to relevant mechanisms and policies according to devolution (if any); allocation and use of the state budget (localities shall report on targeted support estimates from the central budget and local counterpart funds as prescribed), detailed by projects, subprojects, component contents, development investment expenditure, recurrent expenditure, domestic capital, and foreign capital (if any).

c) Agencies and units shall assess the status of assignment of estimates, allocation, and use of the state budget, detailed by projects, subprojects, component contents, development investment expenditure, recurrent expenditure, domestic capital, and foreign capital (if any) in 2025, and cumulative figures for 2021-2025; outstanding issues, causes, and recommendations and remedies (if any).

d) Provide detailed reports on allocation of funding for tasks under Resolution No. 57/NQ-TW, and on expenditures for education, training and vocational education, and for health, population and family.

2. For programs, schemes, and tasks approved by competent authorities for the 2021-2025 period or until 2030, assess institutional improvement (if any), allocation, and execution of the assigned estimates for 2025. Where foreign capital is used, separately report allocation and disbursement by each specific objective and task, with recommendations and proposals (if any). Assess cumulative funding assigned, allocation and use of the state budget through the end of 2025 compared with the total approved for 2021-2025 or to 2030; achieved results; outstanding issues, causes, and recommendations and solutions (if any).

Article 10. For assignments using foreign capital

1. Ministries, central agencies, and localities shall assess the status of allocation and assignment of the 2025 estimates and of adjustments and supplements in 2025 (if any), detailed by project, donor, and funding source: loans (ODA loans and concessional foreign loans) and grants (non-refundable ODA and non-refundable non-ODA grants); financial mechanism; difficulties, obstacles, and proposals (if any). For non-refundable grants, assess the receipt of newly arising grants not included in the estimate and the progress of supplementary assignment of estimates; difficulties and obstacles in assigning medium-term and annual public investment estimates where structures between loans and grants are not clearly separated, and propose solutions.

2. Assess the status of implementation and disbursement results of foreign capital, compare with the assigned estimates; obstacles in procedures for ODA disbursement (if any); clarify causes of slow disbursement and the responsibilities of Ministries, sectors, and localities as governing bodies, responsibilities of Project Management Units and related agencies and units; propose solutions to remove difficulties during implementation of programs and projects.

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Ministries, central agencies and localities shall assess the execution of the mechanism for creation of sources for the salary reform in 2025 in accordance with regulations and the use thereof to implement salary policies and regimes under Decree No. 177/2024/ND-CP, Decree No. 178/2024/ND-CP, Decree No. 67/2025/ND-CP, Decree No. 29/2023/ND-CP, Decree No. 154/2025/ND-CP, and tasks permitted to be funded from the salary reform sources under documents of competent authorities.

Article 12. Assessment of the execution of state budget assignments by provinces and centrally-affiliated cities in 2025

In addition to the requirements set out from Article 4 to Article 11 of this Circular, provinces and centrally-affiliated cities shall provide additional assessments on the following:

1. Mobilization of local financial resources for execution of local socio-economic development tasks; difficulties, obstacles, and proposals (if any).

2. Capacity for execution of the development investment expenditure estimate for 2025  of localities after mergers, by each expenditure sector, including detailed allocations for science, technology, innovation and digital transformation; education-training and vocational education; law-making; and health, population and family (including in-year adjustments and supplements as prescribed), detailing: local budget sources (expenditure on basic construction investment; investment from land use levy and public lottery revenues; investment from local budget deficit); targeted supplementary funds from the central budget for local budgets from domestic and foreign sources (including loans and non-refundable grants). Focus assessment on:

a) For annual development investment expenditure assignments within the scope of the Law on Public Investment:

- Status of allocation, assignment, and supplementation of estimates (if any); status of handling outstanding basic construction debts and recovery of advances in 2025; projected remaining amounts by the end of 2025 (if any); and proposed handling.

- Status of implementation and disbursement of public investment capital from local budgets in the first 6 months and assessment for the whole of 2025.

- Status of assignment, organization of implementation, and disbursement of development investment capital from targeted supplementary funds from the central budget to localities in the first 6 months, and assessment for the whole of 2025.

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- Increased revenues and remaining expenditure estimates of local budgets (if any).

- Status of allocation and assignment of state budget expenditure from residual salary reform sources to invest in inter-regional and national connectivity projects and national key works implemented in the locality (if any).

- Status of approval, arrangement of funding, organization of implementation and disbursement of investment capital from revenues retained under regimes: retained fee revenues, retained public service operational revenues, and other lawful revenues, detailed by each expenditure sector.

- Status of allocation and assignment of state budget expenditure from land use levy revenues to invest in local projects and works.

- Status of collection, expenditure, management, and use of revenues from public lottery activities for local development investment expenditure.

b) Status of allocation, assignment, and disbursement of the development investment expenditure estimate for 2025 outside the scope of the Law on Public Investment (if any).

c) Compliance with regulations on public investment and with the Prime Minister’s Directives and Official Telegrams in this field;

d) Achieved results, outstanding issues, causes, and recommendations (if any).

3. Report on the allocation of the recurrent expenditure estimate for 2025 of localities for science, technology, innovation and digital transformation; education-training and vocational education; law-making; and health, population and family.

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(Detail reporting form as per Form No. 01 enclosed)

5. Report on the execution of the salary reform in 2025 after rearrangement:

a) Payroll fund, allowances, and subsidies estimated for 2025.

b) Funding needs for implementing salaries in 2025.

c) Use of local resources for salary adjustments, including: the source of a 10% saving in recurrent expenditure (excluding rank-based salaries, allowances, salary-based contributions, salary-like items, and person-related expenditures under regimes) under the estimate for 2025 assigned by competent authorities; 70% of the increase in 2024 local budget revenues compared with the 2024 estimate assigned by the Prime Minister and 50% of the increase in the local budget revenue estimate for 2025 compared with the 2023 estimate assigned by the Prime Minister (excluding land use levy, public lottery revenues, revenues from equitization and divestment of state-owned enterprises managed by localities, and items excluded under Clause 2 Article 3 of Resolution No. 34/2021/QH15 dated November 13 2021 of the National Assembly on the 2022 state budget estimate); revenues retained under regimes in 2025; residual salary reform sources from 2024 carried forward (if any); and the projected residual salary reform sources by the end of 2025.

d) Use of resources as prescribed to pay regimes under Decree No. 177/2024/ND-CP, Decree No. 178/2024/ND-CP, Decree No. 67/2025/ND-CP, Decree No. 29/2023/ND-CP, and Decree No. 154/2025/ND-CP, and the amount proposed for support from the central authorities as prescribed.

(Detail reporting form as per Form No. 02a enclosed)

6. Report on the use of local budget contingency of local budgets after rearrangement under Clause 2 Article 10 of the Law on State Budget, including the amount arranged at the beginning of the year, the amount used from the local budget contingency and the financial reserve fund (if any) up to June 30 2025, and the amount projected to be used in the last 6 months of 2025.

7. Status of borrowing and debt service of local budgets after rearrangement in 2025, including:

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b) Amounts mobilized up to June 30 2025 and estimated for the whole of 2025, detailed by purpose of mobilization (principal repayment, coverage of local budget deficit) and by each funding source mobilized (ODA loans on-lent to localities, local government bond issuance, and other lawful financial sources).

c) Status of debt service (interest and fees) up to June 30 2025 and estimated for the whole of 2025, detailed by interest and fee payments on domestic loans and on on-lent Government foreign loans by each program/project.

d) Status of principal repayments on loans up to June 30 2025 and estimated for the whole of 2025, detailed by principal repayment on domestic loans and on on-lent Government foreign loans by each program/project; specify each repayment source (new borrowings to refinance old debt, from surplus revenue, increased revenue, expenditure savings, and year-end budget balance).

8. For provinces and centrally-affiliated cities implementing special financial and budgetary mechanisms and policies approved by competent authorities, provide a specific assessment of implementation results of such special financial and budgetary mechanisms and policies at the locality after rearrangement (including mechanisms and policies promulgated by the locality); assess their impacts on state budget revenue and expenditure outcomes in the locality.

9. Status of implementation of conclusions and recommendations of the State Audit Office, inspection bodies, and examination bodies.

Article 13. Assessment of the execution of financial plans of off-budget state financial funds in 2025

Ministries, central agencies, and local agencies and units assigned to manage off-budget state financial funds shall assess operational effectiveness; report on review, restructuring, merger, suspension of operation, or dissolution of funds that are ineffective, inconsistent with purposes, overlapping in objectives, tasks, or target groups, or unable to be financially independent, or overlapping in revenue sources or expenditure assignments with the state budget; summarize and assess the status of execution of revenue-expenditure plans and assigned tasks for the first 6 months and estimated for the whole of 2025 in close connection with operational effectiveness; and cumulative execution through the end of 2025 compared to the targets of the 2021-2025 plan (if any); difficulties, obstacles arising and proposed remedies.

Article 14. For lawful revenues of regulatory agencies and public sector entities retained without inclusion in the state budget balance (cases falling under Resolution No. 104/2023/QH15, Resolution No. 142/2024/QH15, and Resolution No. 160/2024/QH15 shall comply with Article 7 of this Circular)

1. Agencies and units shall report revenues of public sector entities (outside the state budget), assessing retained fee revenues in 2025 in accordance with law for regulatory agencies and public sector entities.

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3. Projected lawful revenues remaining at the end of 2025.

Chapter III

PREPARATION OF THE STATE BUDGET ESTIMATE FOR 2026

Article 15. Requirements

1. Preparation of the state budget estimate for 2026 must comply with the Law on State Budget, guiding documents to the Law on State Budget and other relevant laws; be consistent with the 10-year Socio-economic Development Strategy for 2021-2030, the projected five-year socio-economic development plan for 2026-2030, and targets under Resolutions of the Central Committee; special mechanisms and policies for development of certain localities as prescribed; Directive No. 14/CT-TTg dated May 28 2025 of the Prime Minister; and related legal documents and directions of competent authorities; and must be supported by a full legal basis and calculation grounds; and be consistent with the assessment of implementation in 2025 and in 2023-2025.

2. When preparing estimates, Ministries and central agencies governing sectors shall review current policies and regimes; integrate and annul overlapping, duplicative, and ineffective regimes and policies (especially social security policies); only propose new policies, schemes, and tasks when implementation funding can be balanced; and fully project state budget needs according to devolution for new policies, regimes, and tasks decided by competent authorities.  Arrange estimates to recover due state budget advances within the year in accordance with the Law on State Budget and the Law on Public Investment. Where estimates are proposed based only on a guideline of competent authorities, provide detailed spending contents and the basis for determining the projected funding.

3. Focus on directing and promptly resolving, right from the estimate preparation stage, outstanding issues and violations in financial and budget management as identified and recommended by inspection and audit bodies, in accordance with law.

Article 16. Preparation of the state budget revenue estimate for 2026

1. General requirements

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b) Preparation of the revenue estimate for 2026 must closely follow domestic and international socio-economic and financial conditions, and specifically compute increases, decreases, and shifts in revenue sources due to legal and policy changes, especially policies on tax, fee and charge exemption and reduction and deferral of tax and land rent obligations upon expiry; the implementation of tariff-cutting and tax incentives for integration; countervailing tax policy responses of the United States authorities; and the application of supplemental corporate income tax to taxpayers under global anti-base erosion rules.

c) Preparation of the revenue estimate must be associated with resolute administrative reform and modernization of revenue administration; strengthened management and prevention of revenue losses, especially in real estate business and transfer; effective management of newly arising revenue sources under the development of the digital economy and e-commerce; intensified tax inspection and examination; combat against transfer pricing, tax evasion, and tax fraud; resolute handling of tax arrears; and strict control of refunds.

d) Strive for the domestic revenue estimate for 2026, excluding land use levy, public lottery revenues, proceeds from state capital sales in enterprises, dividends, post-tax profits, and the income-expense differential of the State Bank of Vietnam, to increase by at least 10-12% nationwide compared with the outturn estimate for 2025 (net of policy-driven revenue changes); the growth rate in each locality shall match local economic growth and newly arising revenue bases, taking into account enhanced revenue administration, anti-loss measures, and tax arrears recovery.  The revenue estimate for 2026 from import-export activities shall increase on average by about 5-7% compared with the outturn estimate for 2025.

2. Preparation of the domestic revenue estimate:

a) Localities shall prepare the domestic revenue estimate for 2026 fully projecting all state budget revenue sources arising in their jurisdictions under the regimes prescribed, based on assessment of actual implementation in previous years, the specifics of 2026, and the control figures for the revenue estimate for 2026 notified by competent authorities.

b) The state budget revenue estimate for 2026 shall ensure correct and sufficient projection of each revenue item, tax, and revenue sector for each locality, with details of revenues from new large-revenue projects commencing operation under current regulations; detailed by each fee and charge as prescribed; and reflecting policy adjustments on a roadmap that continue to affect state budget revenues for 2026 and regulations expected to be amended by and applied in 2026.

c) State budget revenues from the utilization and handling of public property, after deducting related costs, shall be fully aggregated for remittance to the state budget. Revenues from ownership transformation of enterprises and public sector entities, transfer of state capital, and cases where owners’ equity exceeds charter capital at enterprises shall comply with Decree No. 148/2021/ND-CP dated December 31 2021 of the Government and documents amending and supplementing this Decree.

For land use levy and land rents, allocate in accordance with the Law on State Budget. For revenues from land used for defense and security combined with production, construction, and economic activities, the Ministry of National Defense and the Ministry of Public Security shall comply with the land laws and Articles 201 and 260 of the Land Law 2024.

d) Estimates of fees and charges from service activities performed by regulatory agencies (with details of each item), including:

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- Estimated expenditures for revenue collection: based on the assessment under Point 1 Clause 2 Article 4 of this Circular, prepare the estimate for 2026 including transitional tasks and tasks to be performed within 1 estimate year (with detailed explanations).

dd) Estimates of revenues from administrative sanctions, fines, confiscations, auctions of vehicle license plate numbers, and other remittances to the state budget in 2026 as prescribed.

e) For revenues not included in the state budget balance under regulations (fees, public service operational revenues, tuition fees, medical service prices, and other lawful revenues retained under regimes), agencies and units must prepare separate estimates, explain calculation bases, and develop utilization plans to submit to their superior authorities and report to same-level finance authorities as prescribed.

3. Preparation of the revenue estimate from import-export activities:

a) Based on forecasts of growth in taxable export and import turnover in the context of integration, promotion of trade, and shifts in the commodity structure, particularly traditional key-revenue items and newly arising items.

b) Assess impacting factors such as: domestic and international price fluctuations of items with large state budget revenues; crude oil price fluctuations; the exchange rate between the Vietnamese dong and currencies of strategic trading partners; implementation of tariff-cutting roadmaps under free trade agreements signed and commitments implemented in 2026; the level of trade facilitation and the impact of technical barriers; scale and implementation progress of key investment projects that import raw materials and equipment; and production plans of domestic oil refineries.

4. Preparation of the value-added tax refund estimate in accordance with the Law on Value-Added Tax:

Based on actual conditions and socio-economic development objectives in the locality; business plans of exporting enterprises; the total number of projects and newly licensed investment capital; progress of ongoing and new investment projects; projects that complete the investment phase and move into the business operation phase in the locality; calculate correctly, fully, and in a timely manner the VAT refunds projected to arise in 2026 under current and newly effective policies and regimes. Prepare the VAT refund estimate together with the requirement to strengthen refund administration, post-refund supervision, inspection, and audit to ensure consistency with actual arising and policy regimes.

5. The state budget revenue estimate (including both domestic revenues and revenues from import-export activities) shall project amounts of tax, late-payment interest, and fines to be refunded due to overpayments, which reduce state budget revenues as prescribed by law.

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Preparation of the state budget revenue estimate for 2026 for foreign non-refundable grants shall be based on and closely follow the status of implementation of the 2025 state budget estimate (assigned estimate, funds received from donors, funds implemented); the documents of the program, project, project fee or grant approved by competent Vietnamese authorities; documents on grant commitments, grant letters or documents on donors’ intention to grant; actual implementation progress, the likelihood of newly arising and implementable grants within the year, so as to limit under-estimation that would require supplementary assignment by competent authorities or over-estimation that would lead to cancellation of estimates or carryovers.  In the process of preparing state budget revenue/expenditure estimates for foreign non-refundable grants, program/project/non-project owners and level-I estimating agencies (governing bodies) shall determine the nature of development investment expenditure and recurrent expenditure, with details of each spending content/sector (including details of tasks in science, technology, innovation and digital transformation; education, training and vocational education; expenditures on health, population and family; and law-making - if any), and clearly distinguish funding sources according to devolution under regulations on state budget management (if any).

For grants received from 2025 and earlier that have not been included in the assigned estimate, Ministries, central agencies and localities shall prepare and incorporate them into the estimate for 2026 for submission to competent authorities for consideration and decision as a basis for accounting and finalization in accordance with regulations.

Article 17. Preparation of the state budget expenditure estimate for 2026

1. Requirements for preparation

a) Ensure compliance with the Law on State Budget, the Law on Public Investment and other relevant laws; base on current regimes and policies and on principles, criteria and norms for allocation of the state budget decided by competent authorities; implement the Party’s guidelines and State laws on organizational rearrangement and development of the two-tier local government model; create breakthroughs in science, technology, innovation and digital transformation; renew the work of law-making and law implementation; continue to implement Resolution No. 19-NQ/TW on improving quality and efficiency of the public service sector; ensure resources for the execution of the salary reform and social insurance policies associated with stepped-up organizational rearrangement and the roadmap for downsizing the payroll under regulations.

b) For preparation of estimates by the Vietnam Fatherland Front, socio-political organizations, and mass associations assigned tasks by the Party and the State:  these agencies/organizations shall continue to prepare estimates under current law. The Central Committee of the Vietnam Fatherland Front shall consolidate figures under Decision No. 304/QD-TW dated June 10 2025 and send them to the Ministry of Finance in accordance with this Circular.

c) Adhere to the principle of publicity and transparency and the requirement to practice thrift and combat waste under Resolution No. 74/2022/QH15 dated November 15 2022 of the National Assembly right from the stage of task identification, ensuring consistency from estimate preparation through allocation, management, use and finalization of the state budget.

d) Be consistent with implementation capacity and available resources, minimizing cancellations and carryovers to the following year. Review overlapping tasks and tasks ending in 2025; unfinished tasks to continue in 2026; prioritize newly arising tasks already approved by competent authorities according to their urgency and importance and implement them immediately upon the assignment of funds; ensure that the state budget estimate is implemented in line with the capacity to mobilize and balance resources (including other lawful sources as prescribed).

2. Preparation of the development investment expenditure estimate:

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Propose capital allocation plans in the order specified by the Law on Public Investment and Resolution No. 70/2025/UBTVQH15 dated February 07 2025 of the Standing Committee of the National Assembly on principles, criteria and norms for allocation of public investment capital from state budget sources for 2026-2030. Ensure resources for the Party’s and the State’s guidelines, including Resolution No. 57-NQ/TW and Resolution No. 66-NQ/TW; allocate capital for national important projects, programs and key projects of great significance to socio-economic development; key projects on defense and security industry; capital for projects using ODA and concessional foreign loans (including counterpart funds); State capital participating in projects under the public-private partnership modality; capital participating in PPP projects; investment preparation tasks; tasks of subsidizing interest on preferential credit and management fees under law; and charter capital grants to policy banks and off-budget state financial funds. Do not allocate capital in a scattered, fragmented, and ineffective manner.

b) For foreign capital, the plan must detail loans and grants (stand-alone grants or grants attached to loans) by sector and field; the contents of the agreement/commitment with donors; be consistent with the project’s financial mechanism and implementation progress; and prioritize sufficient capital for projects with foreign loan/grant agreements ending in 2026 that cannot be extended. For programs/projects mixing state-budget on-grant portions and on-lent portions, the governing body shall guide preparation and consolidation separately for each portion, ensuring compliance with the on-lending ratio approved by competent authorities.

c) For the estimate of expenditures on subsidizing interest on preferential credit and management fees:

Based on law on subsidizing interest on preferential credit and on management fees, and on the implementation of State credit policies in 2025; project changes in beneficiaries, policies, and tasks; project credit growth, loan balances, capital mobilization, deposit rates, lending rates, etc., to prepare the state budget expenditure estimate for 2026 in accordance with the Law on State Budget, the Law on Public Investment and guiding documents.

d) For estimates of charter capital grants to policy banks, off-budget state financial funds, and investment support for other policy beneficiaries, implement in accordance with the Law on Public Investment and its guidance. Entrust local budget funds through the Vietnam Bank for Social Policies to lend to the poor and other policy beneficiaries and to support certain activities under Clause 6 Article 4 of Resolution No. 111/2024/QH15 dated January 18 2024 of the National Assembly.

e) For estimates of development investment expenditure outside the scope of the Law on Public Investment (with detailed explanations), implement tasks under the Law on Management and Use of State Capital Invested in Enterprises’ Manufacturing and Business Activities; expenditures for the Investment Support Fund under Decree No. 182/2024/ND-CP dated December 31 2024 of the Government; and other relevant laws.

g) For estimates of expenditures from lawful revenues of regulatory agencies and public sector entities dedicated to off-balance investment (excluding tasks implemented under special financial mechanisms under Resolution No. 104/2023/QH15, Resolution No. 142/2024/QH15 and Resolution No. 160/2024/QH15), implement under current regulations (detailing retained fee revenues, retained public service operational revenues, the career development fund, borrowings, and other lawful sources of the unit); submit to superior managing authorities and consolidate for reporting to investment and finance authorities.

3. On preparation of the national reserve plan and the national reserve expenditure estimate for 2026:

Pursuant to the Law on National Reserves, the Law on State Budget and guiding documents, Ministries and central agencies assigned to manage national reserve goods shall prepare the plan and the national reserve expenditure estimate for 2026 (expenditures on purchase of national reserve goods; expenditures on receipt, release, purchase, sale, preservation, protection and insurance of national reserve goods under the law on national reserves) in accordance with socio-economic conditions and with the strategy and targets for national reserve development to 2030, ensuring feasibility, the state budget’s balancing capacity, and practicability of execution. Provide detailed explanations and necessity analysis for each item and its corresponding estimate; prepare reporting forms under Article 4 of Circular No. 145/2013/TT-BTC dated October 21 2013 of the Minister of Finance on the national reserve plan and state budget expenditures for national reserves.

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a) Based on the Law on State Budget, the Law on Management and Use of Public Property and other relevant laws; Resolutions of the Politburo (Resolution No. 57-NQ/TW, No. 66-NQ/TW, etc.) and Resolutions of the National Assembly; orientations for the socio-economic development plans for 2026 and 2026-2030; principles, criteria and norms for allocation of recurrent expenditure estimates (if any) and current state budget spending policies, regimes and norms; schemes and tasks approved by competent authorities; Directive No. 14/CT-TTg dated May 28 2025 of the Prime Minister; and the control figures for the budget revenue and expenditure estimates for 2026, Ministries, central agencies and localities shall prepare recurrent expenditure estimates in detail by each expenditure sector, ensuring the correct nature of funding sources; meeting important political tasks; and fully implementing State policies and regimes, especially person-related and social security expenditures; and shall specify increases/decreases compared with the post-rearrangement estimate for 2025.

For funding of policies and regimes applicable to officials, civil servants, public employees, workers and the armed forces in the organizational rearrangement of the political system, prepare corresponding estimates in the relevant expenditure sectors based on Decree No. 177/2024/ND-CP, Decree No. 178/2024/ND-CP, Decree No. 67/2025/ND-CP, and Decree No. 154/2025/ND-CP of the Government.

Project funding for implementation of downsizing policies in 2026 under Decree No. 29/2023/ND-CP dated June 03 2023 and Decree No. 154/2025/ND-CP dated June 15 2025

Project funding for implementation of policies on tuition exemption and support for preschool and general education students in the national education system; policies on lunch support for primary and lower-secondary students in border communes; and policies on universal preschool education for children aged 3-5.

For funding of preferential allowances for persons with meritorious services to the revolution, prepare estimates based on Decree No. 77/2024/ND-CP dated July 01 2024, Decree No. 75/2021/ND-CP dated July 24 2021, and Decree No. 55/2023/ND-CP dated July 21 2023 of the Government prescribing levels of allowances, subsidies, and regimes for persons with meritorious services to the revolution; Decree No. 131/2021/ND-CP dated December 31 2021 of the Government detailing and providing measures for implementation of the Ordinance on Preferences for Persons with Meritorious Services to the Revolution; and documents on adjustments in 2025 (if any).

For funding of pension beneficiaries guaranteed by the state budget, prepare estimates based on Decree No. 75/2024/ND-CP dated June 30 2024 of the Government on adjustments to pensions, social insurance allowances and monthly allowances, with details under the social security career and the health career.

For routine repair and maintenance, comply with Circular No. 65/2021/TT-BTC dated July 29 2021 of the Ministry of Finance; for procurement, repair, renovation, and upgrading of property and equipment; expenditures on leasing goods and services; and repair, renovation, upgrading, expansion, and new construction of work items within already-invested projects, comply with Decree No. 98/2025/ND-CP dated May 06 2025 of the Government and relevant laws.

b) The recurrent expenditure estimate for 2026 from state budget sources for regulatory agencies, the Party, and mass organizations shall be prepared in association with the implementation of Resolution No. 60-NQ/TW of the 11th Plenum (13th Tenure) and the Politburo’s Conclusions No. 127-KL/TW, No. 130-KL/TW, and No. 137-KL/TW on rearrangement of administrative divisions at all levels and development of the two-tier local government model; and shall ensure the best conditions for successfully organizing the 14th National Congress of the Communist Party of Vietnam, elections of People’s Council Deputies at all levels for the 2026-2030 term, and elections of Deputies to the 16th National Assembly; specifically identify increases or decreases compared with 2025; and ensure thorough saving of recurrent expenditures, especially on procurement of public property, domestic and overseas business trips, use of official cars, organization of conferences and workshops, research and surveys, and savings in electricity and fuel.

c) The operational (recurrent) expenditure estimate for 2026 from state budget sources for public sector entities shall be prepared based on the objectives for renewing public sector entities under the Politburo’s Conclusion No. 62-KL/TW dated October 02 2023 on implementation of Resolution No. 19-NQ/TW dated October 25 2017 of the 12th Central Committee on continuing to renew the organizational system and management and improve the quality and efficiency of public sector entities; Government Plan No. 141/KH-BCDTKNQ18 dated December 06 2024; and legal documents guiding the financial autonomy mechanism for public sector entities.  In particular:

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- Public sector entities shall prepare recurrent expenditure estimates in association with organizational streamlining and payroll downsizing based on the orientations of Resolution No. 19-NQ/TW, Government Plan No. 141/KH-BCDTKNQ18 dated December 06 2024, and legal documents guiding the financial autonomy mechanism for public sector entities.

d) For recurrent expenditure estimates not assigned under the autonomy mechanism and other ad hoc special tasks in state budget expenditure sectors: Ministries, central agencies and localities shall guide their subordinate agencies and units to prepare and consolidate estimates in accordance with the Law on State Budget and other relevant laws.

e) Expenditures on economic activities

Based on the estimated outturn of road use fee revenues in 2025 and the projected 2026 road use fee revenues, the Ministry of Construction shall propose a plan for distributing the portion of road use fee revenues remitted to the central budget for management and maintenance of the national highway network and local roads after rearrangement; principles and criteria for distributing road use fee revenues for management and maintenance of local roads to each locality; and shall consolidate this with the state budget estimate for 2026 report and the 2026-2028 three-year plan to be sent to the Ministry of Finance for consolidation and submission to competent authorities for decision as prescribed.

g) For operating expenditures of regulatory agencies, the Party, and mass organizations, clarify the following:

- Payroll numbers in 2025 (after organizational and administrative division rearrangement) under the staffing decision of competent authorities (if any); projected staffing reductions under Decree No. 29/2023/ND-CP, Decree No. 154/2025/ND-CP, Decree No. 177/2024/ND-CP, Decree No. 178/2024/ND-CP, and Decree No. 67/2025/ND-CP; and actual staffing as of July 01 2025.

- Preparation of recurrent operating expenditure estimates under norms:

+ Where competent authorities have assigned staffing for 2026 post-rearrangement, agencies shall prepare expenditure estimates based on recurrent spending norms promulgated by competent authorities (if any) and the staffing assigned.

+ Where 2026 staffing for 2026 has not yet been assigned post-rearrangement but 2025 staffing was assigned:  agencies shall prepare the estimate for 2026 based on recurrent spending norms promulgated by competent authorities (if any) and the 2025 staffing, less staffing reductions under the Party’s guidelines and State laws on organizational rearrangement, streamlining of the apparatus, and development of the two-tier local government model.

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- Prepare estimates of the rank-based payroll fund, salary-based allowances, and statutory contributions on the basis of:

+ Staffing as determined above.

+ Where the assigned staffing for 2026 exceeds actual staffing as of July 01 2025, the payroll fund shall include:  : (i) the payroll fund for actual staffing as of July 01 2025, determined on the basis of rank-, grade- and position-based salaries, salary-based allowances, and statutory contributions; and (ii) the payroll fund for unfilled positions within the assigned staffing, calculated on the base salary and the grade-1 coefficient for A1-class civil servants, together with salary-based allowances and statutory contributions. Staffing to be recruited under Decree No. 179/2024/ND-CP dated December 31 2024 of the Government on policies to attract and employ talented persons to work in agencies and organizations of the Communist Party of Vietnam, the State, the Vietnam Fatherland Front, and socio-political organizations shall be additionally included as prescribed under the approved scheme or plan.

+ Where the assigned staffing for 2026 is smaller than the staffing under the rearrangement Scheme dossier, or staffing has not been assigned for both 2025 and 2026, the 2026 payroll fund shall be determined based on the payroll fund at the time of rearrangement, reduced in line with the downsizing policy.

- Prepare estimates of the bonus fund under Decree No. 73/2024/ND-CP.

- Prepare estimates for cases subject to specific support policies, such as persons directly and regularly engaged in strategic policy advisory research and law-making under Resolution No. 197/2025/QH15; and support for personnel specialized in digital transformation and cyber safety and security under Government regulations.

- Prepare estimates of special expenditures for 2026 (legal basis; assigned tasks; tasks approved by competent authorities; spending contents; policies, regimes, and spending norms as prescribed) under Resolutions of the Standing Committee of the National Assembly and other relevant regulations, in a thrifty and efficient manner.

- Ministries, central agencies and localities shall direct their subordinate agencies and units to prepare estimates ensuring funding for law-making, improvement, organization of law implementation, and monitoring of law implementation in accordance with the objectives of Resolution No. 66-NQ/TW dated April 30 2025 on renewing law-making and law implementation to meet national development requirements in the new era and related laws, and shall prioritize arrangement within assigned estimates to ensure performance of these tasks.

- Ministries, central agencies and localities, according to their functions and tasks, shall propose estimated funding for organizing the 14th National Congress of the Communist Party of Vietnam, elections of People’s Council Deputies at all levels for the 2026-2030 term, and elections of Deputies to the 16th National Assembly, with detailed explanations.

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i) For recurrent expenditures of programs and projects using loan sources (ODA and concessional foreign loans) and grant sources (non-refundable ODA and non-refundable non-ODA grants):

Based on agreements to be signed and already signed with donors (for agreements to be signed, include only the grant portion), project/grant document implementation progress, and the financial mechanism (if any) approved by competent authorities, Ministries, central agencies and localities shall prepare estimates for each program, project, agreement, and counterpart funds (if any), detailing each foreign loan and grant source, by expenditure sector and by disbursement mechanism (record-and-pay mechanism or disbursement under the domestic financial mechanism); for localities, clearly distinguish which sources belong to local budgets and which are targeted supplements from the central budget to local budgets.

For mixed programs and projects including both on-grant state budget funds and on-lent funds (for transitional tasks), the governing body shall guide the preparation and consolidation of estimates for each fund portion.

For programs and projects participated in by several Ministries, central agencies and localities, Ministries, central agencies and localities shall prepare estimates of expenditures from foreign capital and provide explanations of allocation bases to the Ministry of Finance for submission to competent authorities; for transitional programs and projects, concurrently send the governing body of the program/project for consolidation and monitoring.

k) Project funding reductions and savings resulting from organizational rearrangement and development of the two-tier local government model, including reductions in recurrent expenditure across expenditure sectors (payroll fund and operating expenditures of the apparatus) and reductions in development investment expenditure across expenditure sectors (expenditure on upgrading, renovation, and new construction of head offices, etc.).

5. Preparation of the estimate of expenditures on foreign aid

Based on the Government of Vietnam’s five-year commitments to provide aid to foreign governments for 2026-2030 (if any), annual aid commitments with recipient countries, project documents approved by competent authorities, the status of estimate implementation, and the disbursement capacity of grants for programs and projects in 2025, agencies assigned by the Government to take the lead in planning aid capital shall prepare aid expenditure estimates for each program and project, detailing investment and recurrent tasks; and a consolidated estimate for each recipient partner.

Localities shall prepare estimates of aid expenditures from local budgets in accordance with Point c Clause 6 Article 4 of Law No. 56/2024/QH15.

6. For political organizations, socio-professional organizations, social organizations, and socio-professional organizations:

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7. Ministries governing sectors, together with preparing the state budget expenditure estimates for 2026 (for the portions directly implemented by the Ministry), shall proactively request Ministries, sectors, and localities to report assessments of the status and needs for implementing mechanisms and policies promulgated by competent authorities and effective in 2026, thereby consolidating and determining total funding needs with detailed explanations of calculation bases.

For career expenditures in the field of environmental protection, the Ministry of Agriculture and Environment shall, based on specialized legal documents, take the lead and coordinate with Ministries and central agencies to review and propose a plan for allocation of state budget estimates under specialized laws, ensuring that tasks, projects, and schemes have sufficient legal bases, dossiers and procedures; comply with regimes, standards, and spending norms promulgated by competent state bodies; correctly classify investment/recurrent funding under law; and remain within the notified control figure total (if any); and shall take full responsibility for the proposed plan; and send it to the Ministry of Finance for consolidation into the central budget allocation plan for submission to competent authorities as prescribed.

8. Preparation of expenditure estimates for the national target programs for 2026 and other programs, projects, and schemes:

a) Based on assessment of implementation in 2021-2025; the status of submission and approval of policies and of decisions on development of guidance documents for the 2026-2030 national target programs; the Ministries in charge of national target programs shall prepare the budget expenditure estimate for 2026 for each program, detailed by each Ministry, central agency and locality; by development investment capital and recurrent funding by each expenditure sector, based on annual implementation capacity and the total approved funding (if any). For development investment funding, provide details for tasks under Resolution No. 57-NQ/TW and for education and health.

b) For other programs, projects, and schemes (headed by 1 Ministry and allocated to multiple Ministries, central agencies, and localities for implementation) that continue in 2026 or are being submitted to competent authorities for allocation for 2026-2030: The Ministries and central agencies in charge shall, based on the approval decision, submitted contents and opinions of competent levels, guiding documents, the implementation status in 2025 and in 2021-2025, propose 2026 funding together with detailed explanations of the legal basis, dossiers, procedures, and reasons for any increase or decrease compared with the 2025 estimate, specified for each objective, task, and expenditure sector, and send these to the Ministry of Finance together with the estimate report for 2026.

Based on the notification of the Ministry of Finance, the Ministry or central agency in charge of the program shall propose principles, criteria, allocation norms, and an allocation plan for each Ministry, central agency, and locality in 2026, detailed for each objective, task, and expenditure sector in accordance with state budget management regulations, with specific explanations ensuring a complete legal basis, dossiers, and procedures, grounded in the assigned tasks, approvals by competent authorities, and spending regimes, standards, and norms promulgated by competent state bodies, and send them to the Ministry of Finance.

c) The Ministries and central agencies in charge of national target programs, programs, projects, and schemes shall take full responsibility for the legal and practical bases, and for proposing principles, criteria, allocation norms, and detailed allocation plans for each Ministry, central agency, and locality, ensuring compliance, full dossiers and procedures, approval decisions, and spending regimes, standards, and norms promulgated by competent state bodies, and correct classification as recurrent funding sources.

9. Estimates of sources and needs for financial support to execute the salary reform and for funding pension adjustments, social insurance allowances, monthly allowances (the portion guaranteed by the state budget), and preferential allowances for persons with meritorious services in 2026:

a) Salary reform sources

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b) Funding needs

Estimate the need for funding support for 2026 on the basis of ensuring salary policies and regimes and funding for adjustments of pensions, social insurance allowances, monthly allowances (the portion guaranteed by the state budget), preferential allowances for persons with meritorious services, and social assistance under Decree No. 73/2024/ND-CP, Decree No. 75/2024/ND-CP, Decree No. 76/2024/ND-CP, and Decree No. 77/2024/ND-CP of the Government (all in 2024), after having utilized the implementing sources of agencies and units in accordance with regulations.

10. Prepare estimates of funding for implementation of downsizing policies and policies/regimes upon organizational rearrangement under Decree No. 177/2024/ND-CP, Decree No. 178/2024/ND-CP, Decree No. 67/2025/ND-CP, and Decree No. 154/2025/ND-CP (with detailed explanations). Project the use of lawful sources of the Ministry, sector, and locality in accordance with regulations.  Propose the estimate for 2026 for the portion that cannot be balanced……..

11. For estimates of career expenditures from revenues retained under regimes:  Ministries, central agencies, and localities shall prepare expenditure estimates from retained revenues and submit them to competent authorities according to the forms in Circular No. 342/2016/TT-BTC dated December 30 2016 of the Minister of Finance guiding several Articles of Decree No. 163/2016/ND-CP; these shall not be consolidated into the state budget expenditure estimates of Ministries, central agencies, and localities.

12. Based on the control figures for 2026 budget revenues and expenditures, Ministries, central agencies, and localities shall prepare tight expenditure estimates in accordance with the Law on State Budget, its guiding documents, and other relevant legal documents; after working with the Ministry of Finance, each Ministry, central agency, and each province and centrally-affiliated city shall proactively commence the preparation of its 2026 budget allocation plan so that, immediately after the National Assembly decides and the Prime Minister assigns the estimate, allocation decisions by field and assignment of budget estimates to budget-using units are completed by December 31 2025 in accordance with the Law on State Budget.

Article 18. For agencies and units with special financial and income mechanisms under Resolution No. 104/2023/QH15, Resolution No. 142/2024/QH15, and Resolution No. 160/2024/QH15

1. Pursuant to the Law on State Budget and the above Resolutions of the National Assembly, central regulatory agencies that applied special financial mechanisms from 2024 and earlier shall prepare 2026 revenue and expenditure estimates based on the current special financial and income mechanisms as decided by competent authorities or as amended/annulled.

2. Contents of recurrent estimate preparation include:

a) Report staffing in 2025 after organizational rearrangement; the number of contracted employees (if any); projected reductions in 2025 under Decree No. 178/2024/ND-CP and Decree No. 67/2025/ND-CP; approved staffing for 2026 (if any); or the projected reduction in 2026 (if 2026 staffing has not yet been assigned);

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c) Proposed recurrent expenditure estimate for 2026

Agencies and units shall prepare the recurrent funding estimate for 2026 similarly to regulatory agencies. In particular:

- Expenditure assignments under norms: calculate based on the 2026 staffing above and the spending norms under Resolutions of the Standing Committee of the National Assembly on principles, criteria, and allocation norms of the state budget and relevant legal regulations.

- Where the agency or unit has not been assigned civil servant staffing targets, use the staffing target under the organizational rearrangement scheme reported to competent authorities (if any) or temporarily use actual staffing as of December 31 2024 or the figures reported by agencies and units to the Ministry of Home Affairs for submission to competent authorities, minus the reduction in 2025 and the projected reduction in 2026 under the organizational rearrangement policy.

- Special expenditure assignments: review based on common and specific special tasks prescribed under Resolutions of the Standing Committee of the National Assembly on principles, criteria, and allocation norms of the state budget and relevant legal regulations, with detailed explanations of approvals by competent authorities and total funding as approved under current policies, regimes, and spending norms; amounts arranged through the end of 2025; remaining amounts to be arranged and proposed allocations for 2026.

3. For development investment expenditure estimates:

The allocation for development investment expenditure for 2026 shall comply with the Law on Public Investment, the progress of tasks, and the state budget’s balancing capacity, in association with organizational streamlining and development of the two-tier local government model.

Article 19. Preparation of financial plans for off-budget state financial funds

Ministries, central agencies, and local agencies/units assigned to manage off-budget state financial funds shall project plans for restructuring, merging, suspending, or dissolving funds that are ineffective or not yet compliant with legal regulations in 2026; and prepare financial revenue-expenditure plans for 2026 for off-budget state financial funds that will continue operating within their management scope under the Law on State Budget and related legal regulations, to be submitted together with their agencies’ 2026 state budget estimate reports to same-level finance authorities (including detailed explanations of the opening balance; in-year revenues from state budget allocations, mobilization, sponsorship, etc.; in-year expenditures on tasks; and movements in charter capital and operating funds of these Funds).

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In addition to the general guidance on state budget estimate preparation under current legal normative documents and this Circular, the preparation of local budget estimates shall note the following key contents:

1. Preparation of the revenue estimate for the locality:

Localities shall prepare the revenue estimate by aggregating all taxes, fees, charges, and other revenues arising in their jurisdictions under Article 7 of the Law on State Budget 2015 and other relevant legal regulations.

The Province-level People’s Committee shall direct the Finance, Tax, and Customs authorities, in coordination with related local agencies, to strictly comply with the preparation of the state budget revenue estimate and be held accountable to the Government and the Prime Minister for preparing revenue estimates that cover all revenue sources in the locality and ensure the revenue growth target under Point d Clause 1 Article 16 of this Circular.

Preparation of the revenue estimate must be proactive and realistic, fully aggregating newly arising revenues in the locality to correctly and adequately determine budget revenues, without leaving room for localities to assign revenue “striving targets”; specifically analyze and assess factors affecting the revenue estimate for 2026 by locality, revenue sector, revenue item, and tax, with a focus on impacts from epidemics and natural disasters and budget impacts from tax deferral, exemption, and reduction policies.

2. On preparation of the balanced local budget expenditure estimate:

Based on the procedures and requirements of the Law on State Budget 2015 and Directive No. 14/CT-TTg, localities shall prepare the balanced local budget expenditure estimate for 2026 based on the orientations and targets of the five-year 2026-2030 socio-economic development plan, the locality’s 2026 socio-economic development objectives and tasks, centrally-issued regimes and policies, and principles, criteria, and allocation norms of the state budget, with details by each expenditure sector under the Law on State Budget.

Simultaneously, implement the following key contents:

a) On preparation of the development investment expenditure estimate from the balanced local budget source:

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- Allocate sufficient counterpart funds under the locality’s responsibility and funding to fully and promptly service due local budget debts. Allocate sufficient funding for regional linkage and important spillover projects for which the locality has committed counterpart funding under regulations; fully allocate funding to retire all payables within the five-year plan; and recover the entirety of advances still to be recovered within the 2021-2025 medium-term public investment plan.

- Entrust local budget funds through the Vietnam Bank for Social Policies to support implementation of certain activities of national target programs.

- Allocate development investment estimates from land use levy revenues retained by local budgets by devolution, prioritizing investment in socio-economic infrastructure works and the New Rural Development national target program.

- For public lottery revenues and casino admission ticket revenues: continue using all for development investment, prioritizing investment in education-training and vocational education, and health.

b) Interest, fee and other cost payments: Prepare the estimate as a separate item within balanced local budget expenditures, ensuring full and prompt servicing of due debts; attach explanations detailing payment levels by each borrowing source (if any), including: foreign loans the Government has borrowed for on-lending to localities, development credit, and local government bond issuance.

c) Supplementation of the local financial reserve fund: determined by the amount assigned in the estimate for 2025.

d) Local budget contingency arranged in accordance with the Law on State Budget.

e) Recurrent expenditure estimate: Localities shall reduce estimates for regulatory agencies and public sector entities based on payroll downsizing, rearrangement of administrative divisions at all levels and development of the two-tier local government model, and renewal of public sector entities in 2026 under Resolutions and conclusions of the Central Committee, the Politburo, and the Secretariat (Resolution No. 18-NQ/TW, Resolution No. 19-NQ/TW, Resolution No. 60-NQ/TW), Decree No. 60/2021/ND-CP and Decree No. 111/2025/ND-CP of the Government.

3. On preparation of estimates of funding to implement social security policies promulgated by the central government

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4. Prepare estimates of the local budget deficit/surplus, and plans for borrowing, principal repayment, and payments of interest and fees of the local budget in accordance with the Law on State Budget and its guiding documents.

Chapter IV

ASSESSMENT OF IMPLEMENTATION AND PREPARATION OF STATE BUDGET ESTIMATES FOR SCIENCE, TECHNOLOGY, INNOVATION AND DIGITAL TRANSFORMATION

Article 21. Bases, requirements, and general principles

1. Assessment of 2025 implementation, preparation of the state budget estimate for 2026 , and the 2026-2028 three-year financial-state budget plan for science, technology, innovation and digital transformation shall comply with the bases, requirements, and principles prescribed in the Law on State Budget, the Law on Public Investment, the laws on science, technology, innovation and digital transformation, and this Circular.

2. Funding for tasks in science, technology, innovation and digital transformation shall be arranged under the science, technology, innovation and digital transformation expenditure sector in accordance with sectoral management laws and the laws on the state budget and public investment.

3. The scope of consolidation for proposed tasks includes:

a) Development investment expenditure assignments of the central budget and local budgets;

b) Recurrent expenditure assignments of the central budget and local budgets.

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Review and assess the status of allocation and disbursement in 2025 up to the end of June 2025 and the projection for the whole of 2025, including state budget expenditures directly under the science and technology sector and expenditures for science, technology, innovation and digital transformation tasks that are being arranged under all other state budget expenditure sectors (operations of information technology public sector entities, tasks on scientific and technological research and application, development of national databases, online public services, digital transformation, Scheme 06, etc.). Clarify tasks ending in 2025 and the corresponding 2025 funds already arranged; transitional tasks (approved total funds; amounts arranged in 2025 and cumulative amounts through the end of 2025; remaining amounts to be arranged).

Article 23. Preparation of estimates for 2026 for tasks in science, technology, innovation and digital transformation

1. Transitional tasks from 2025 to 2026 (development investment sources and recurrent funding):

a) Science, technology, innovation and digital transformation tasks that have so far been arranged within the science and technology sector shall continue to be consolidated under this sector.

b) For tasks which by their nature are science, technology, innovation and digital transformation under sectoral laws but have so far been arranged under other state budget expenditure sectors as provided in Article 22 of this Circular, Ministries, central agencies and localities shall consolidate them into the science, technology, innovation and digital transformation expenditure sector in accordance with guidance of the Ministry of Science and Technology (including reporting the amounts arranged for these tasks serving education, training and vocational education; and health, population and family).

2. New tasks arising from 2026 (development investment sources and recurrent funding): Ministries, central agencies and localities shall prepare the estimate for 2026 in accordance with sectoral management laws and the laws on science, technology, innovation and digital transformation, clearly reporting funding to be implemented/not implemented under fund mechanisms, and consolidating into the science, technology, innovation and digital transformation sector (including reporting the amounts arranged for these tasks serving education, training and vocational education; and health, population and family).

3. The Ministry of Science and Technology shall take the lead and coordinate with Ministries, central agencies and localities to review and consolidate the estimate for each Ministry, central agency and locality, correctly classifying investment/recurrent sources under sectoral management laws and the laws on science, technology, innovation and digital transformation, within the notified control figure total for the science, technology, innovation and digital transformation sector of the state budget; shall take full responsibility for the proposed plan; and shall send it to the Ministry of Finance for consolidation and submission to competent authorities as prescribed.

Chapter V

PREPARATION OF THE 2026-2028 THREE-YEAR FINANCIAL-STATE BUDGET PLAN

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Pursuant to the Law on State Budget No. 83/2015/QH13 and No. 56/2024/QH15, Government Decree No. 45/2017/ND-CP and Minister of Finance Circular No. 69/2017/TT-BTC (Circular No. 69/2017/TT-BTC); the laws on taxes, tax administration, fees and charges, public investment, public debt management, and public property management; related legal documents; the 2021-2030 ten-year socio-economic development strategy, the projected 2026-2030 five-year plan; Central Committee Resolutions and Politburo Conclusions on streamlining the apparatus, rearranging administrative divisions at all levels, developing the two-tier local government model, downsizing, and renewing public sector entities; Resolution No. 57-NQ/TW on breakthroughs in science, technology, innovation and digital transformation, Resolution No. 66-NQ/TW on renewing law-making and law implementation, National Assembly Resolution No. 193/2025/QH15 on piloting special mechanisms and policies to create breakthroughs in national science, technology, innovation and digital transformation; Government Decrees No. 73/2024/ND-CP, No. 75/2024/ND-CP, No. 76/2024/ND-CP, No. 77/2024/ND-CP, No. 178/2024/ND-CP, No. 67/2025/ND-CP, and No. 88/2025/ND-CP; principles, criteria, and allocation norms for development investment expenditure for 2026-2030 and for recurrent expenditure in the state budget year (if any); the 2025-2027 three-year financial-state budget plan as reviewed and updated as of March 31 2025; agreements and treaties on foreign borrowing and grants signed and to be implemented in 2026-2028; regulations on the state budget stabilization period; the 2026-2028 expenditure ceilings notified by finance authorities and the 2026 budget estimate prepared under Chapter III of this Circular; Ministries, agencies, central units and province-level units shall prepare the 2026-2028 three-year financial-state budget plan as prescribed, noting:

1. Preparation of the estimate for 2026 shall comply with this Circular and the objectives and tasks in the 2026-2030 five-year plan; for 2027-2028 it is assumed that 2026 mechanisms and policies continue.

2. Where expenditure needs of Ministries, central agencies and province-level units in 2026-2028 increase or decrease substantially compared with the estimate for 2026 and the 2025 outturn (including in-year supplementary estimates), Ministries, central agencies and province-level units shall provide explanations and propose solutions to mobilize additional extra-budgetary financial resources, ensuring that expenditure needs are balanced with available resources.

3. Expenditure estimates for 2026-2028 shall be prepared based on regulations on salary policy, social insurance, and social security policies under Government Decrees No. 73/2024/ND-CP, No. 75/2024/ND-CP, No. 76/2024/ND-CP and No. 77/2024/ND-CP and on approved roadmaps for 2026-2028 (if any).

Article 25. Preparation of the state budget revenue plan for 2026-2028

1. The state budget revenue plan for 2026-2028 shall be prepared under Article 24 of this Circular and:

a) Based on the growth capacity of the national economy and of each industry, sector and locality in 2026-2028 in line with the 2021-2030 ten-year strategy and the projected 2026-2030 five-year plan; the revenue estimate for 2026; changes in investment capacity, labor productivity, competitiveness, improvements in the business environment, support for and development of enterprise production-business and trade and import-export in each year; impacts of international integration and policy changes in other countries such as the global minimum tax.

b) Factors expected to increase, decrease, or shift revenue sources due to tax policy adjustments; expansion of tax bases; the tariff-cutting roadmap under integration commitments; supplemental corporate income tax under global anti-base erosion rules; certain corporate income tax policies to support and develop enterprises; and mobilization from the informal economy.

c) Revenue impacts from adjustments to prices and fees for public services under roadmaps to fully embed costs into public service prices as prescribed by law.

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2. Estimates of fees and charges for 2026-2028 shall be positive and detailed by each fee and charge as prescribed (collection amounts; amounts remitted to the state budget), and shall be included in the state budget revenue estimates for the portion of fees and charges remitted to the state budget.

3. For revenues retained, tuition, medical service prices, and public service revenues not on the fees and charges list, and revenues shifted to the public service price mechanism: prepare separate revenue-expenditure plans as prescribed for submission to competent oversight bodies; continue implementing the mechanism for generating salary reform sources from these revenues as prescribed; and send them to same-level finance authorities as prescribed.

Article 26. Preparation of the state budget expenditure plan 2026-2028 of Ministries, central agencies, and province-level agencies/units

1. The expenditure plan 2026-2028 shall be prepared under Article 24 and the estimate for 2026 prepared under Chapter III of this Circular; provide specific explanations of objectives, tasks, programs, schemes, projects, policies and regimes that have expired/that have newly been approved by competent authorities, with special attention to implementing new guidelines of the Party and the State on streamlining the apparatus and developing the two-tier local government model, and to prioritizing the sectors under Resolutions No. 57-NQ/TW and No. 66-NQ/TW while continuing to implement Resolution No. 19-NQ/TW and Conclusion No. 62-KL/TW on renewing public sector entities.

2. In the course of preparing the estimate for 2026, Ministries, central agencies and province-level agencies/units shall also identify in detail their 2026 base expenditures, new expenditures and totals for development investment needs and for maintenance and operation needs in the expenditure plan 2026-2028, in accordance with Articles 5 and 6 of Circular No. 69/2017/TT-BTC of the Minister of Finance.

3. For sector-governing Ministries and agencies, along with preparing annual revenue-expenditure plans for 2026-2028 (for the portions directly implemented by the Ministry/agency), calculate and determine total funding needs for implementing mechanisms, policies, programs, schemes, projects, and tasks promulgated/ending in each year of 2026-2028 nationwide, with specific explanations of calculation bases.

Article 27. Preparation of the three-year financial-state budget plan 2026-2028 of provinces and centrally-affiliated cities

In addition to relevant contents on preparation of the three-year state budget revenue-expenditure plan for 2026-2028 under Articles 25 and 26 of this Circular, preparation of the three-year financial-state budget plan 2026-2028 of provinces and centrally-affiliated cities shall also note:

1. The Province-level People’s Committee shall direct the Department of Finance, based on forecasts of local socio-economic development in 2026-2028, to prepare the 2026-2028 three-year financial-state budget plan.

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a) Specific analysis and assessment of factors increasing, decreasing, or shifting revenue sources due to tax policy adjustments aligned with socio-economic development objectives; assessment of revenue impacts from epidemics and natural disasters; implementation of tariff-cutting roadmaps under integration commitments; anticipated implementation of new tax policies; and requirements on combating revenue loss, recovering tax arrears, combating transfer pricing, and combating tax fraud.

b) For fees and charges, preparation shall comply with current regulations; consolidate into the state budget revenue estimate the portion of fees remitted to the state budget in 2026-2028; prepare separate plans for retained revenues, tuition, medical service prices, public service prices, and other revenues (not on the fee list) for oversight and for generating salary reform sources for these entities.

3. Based on projected local revenues, devolved local revenues as decided by competent authorities, and projected targeted supplements from the central budget to local budgets as notified for 2026-2028, the Province-level People’s Committee shall direct the Department of Finance and related local agencies to prepare the local budget expenditure plan for 2026-2028, ensuring priority allocation sufficient to implement promulgated regimes, policies, tasks and committed expenditures; determine the need for targeted supplements from the central budget for central policies for each year of 2026-2028; and, for new local expenditure assignments in each year of 2026-2028, arrange by priority order to implement the locality’s key socio-economic objectives and tasks within the annual resource capacity.

4. Preparation of sources for executing the salary reform: Implement in accordance with Clause 9 Article 17 of this Circular.

5. Preparation of the local budget deficit/surplus plan and borrowing and repayment for 2026-2028 shall comply with the Law on State Budget, Government Decree No. 45/2017/ND-CP, and Circular No. 69/2017/TT-BTC of the Minister of Finance on preparation of five-year financial plans and the three-year financial-state budget plan, ensuring that local outstanding debt at the end of each year does not exceed statutory limits (clarifying sources including  ODA borrowed for on-lending, local government bond issuance, and other lawful financial sources).

Chapter VI

IMPLEMENTATION

Article 28. Responsibilities of Ministries, central agencies and localities

Responsibilities of Ministries, central agencies, and the Province-level People’s Committees of provinces and centrally-affiliated cities shall comply with the Law on State Budget, its implementing documents, and Directive No. 14/CT-TTg dated May 28 2025.

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1. For the estimate for 2026, apply the forms prescribed in Circular No. 342/2016/TT-BTC dated December 30 2016 of the Minister of Finance guiding several Articles of Decree No. 163/2016/ND-CP (noting that career sectors apply Forms 12.1 to 12.5) and Forms 1, 2 (a, b, c, d, e), 3, 4 (a, b, c), and 5 enclosed with this Circular.

2. For the financial-state budget plan 2026-2028: apply Forms 1 to 6 and Forms 13 to 19 enclosed with Circular No. 69/2017/TT-BTC of the Minister of Finance guiding preparation of the five-year financial plan and the three-year financial-state budget plan.

Article 30. Entry into force

1. This Circular comes into force as of August 9 2025 and applies to the process of preparing the state budget estimate for 2026  and the financial-state budget plan for 2026-2028. The contents, procedures, and timeline for preparing the state budget estimate for 2026  and the financial-state budget plan for 2026-2028 shall comply with the Law on State Budget, its implementing documents, and this Circular.

2. In the course of preparing the state budget estimate for 2026  and the financial-state budget plan for 2026-2028, if difficulties arise in organization of implementation, Ministries, central agencies, localities, state economic groups, and state corporations shall report them to the Ministry of Finance for prompt handling./.

PP. MINISTER
DEPUTY MINISTER




Le Tan Can