The vast majority of state budget is managed locally.
Centrally managed budget in the first five months of 2016 reached VND18.2 bln ($812,427) and VND4,610 billion this May. Ministry of Transport got the highest budget, up 15.4 percent on-year.
Locally managed budget totaled VND46,542 billion ($734.76 million), up 13.3 percent compared to this time last year.
Among the localities, Hanoi was the biggest recipient of the state budget; Can Tho city saw a biggest jump in the inflow of capital; whereas Ha Tinh experienced a 13.5 percent cut.