Vietnam 2027 Budget Targets Higher Tax Revenue and Borrowing for Infrastructure

The Vietnam 2027 budget will rely on higher tax revenue and state borrowing to finance infrastructure investment as the government targets economic growth of at least 10%.

The National Assembly approved a deficit of VND739.6tr (USD28.9bn), or 4.5% of GDP, compared with a 4.2% target for 2026.

State revenue is expected to rise 9.1%, supported by a broader tax base and stronger enforcement against tax evasion, transfer pricing and unpaid liabilities.

Government borrowing is projected to rise approximately 30% to VND1,280tr.

Authorities also aim to diversify financing sources and reduce reliance on banks to support major infrastructure projects.

The fiscal plans could affect funding conditions and tax compliance expectations for domestic and international investors.