The rate of government budget revenue has tended to decrease in recent years because of the policies of tax exemption, relaxation and reduction after 2012 and the annual inflation rate was lower in the 2012 period compared to the 2008 period - 2011 caused the revenue growth rate of some taxes dependent on inflation to decrease. Discipline of government budget expenditure still had some limitations when, for many consecutive years, government budget expenditures were actually higher than estimated. Government budget deficit had been high for many years and was higher than the original estimate, leading to a tendency to increase public debt per GDP and peaked in 2016 at 63.7% of GDP. Government budget revenue in the first 9 months of 2020 decreased by 11.5% compared to the same period in 2019, reaching 975.3 trillion VND, as 64.5% of the estimation. In which, the central budget was estimated at 60.4% of the estimation, the local budget was estimated at 69.8% of the estimate. Domestic revenue in 9 months was at the lowest level compared to the same period in some recent years. This paper gave an assessment of the current government budget revenue, expenditure, overspending situation and public debt and from there on, some recommendations for Vietnam were proposed.

government budget, government budget expenditure, government budget revenue, Vietnam