Vietnam

Năm 2026, tăng trưởng GDP phấn đấu từ 10% trở lên

Dantri | Local Language | News | Jan. 23, 2026 | UndeterminedEconomic Growth

The Government has issued Resolution No. 01 outlining the main tasks and measures to implement the Socio-Economic Development Plan and state budget estimates for 2026. Despite numerous challenges in 2025 such as natural disasters and global uncertainties, the socio-economic situation achieved significant results, fostering rapid and sustainable development. The year 2026 is critical, marking the start of a new development phase with the 14th Party Congress and elections for the 16th National Assembly, and the commencement of the 2026-2030 five-year plan aiming for double-digit GDP growth.

For 2026, the Government targets GDP growth of 10% or more while maintaining macroeconomic stability, controlling inflation, and ensuring fiscal balance. It has identified 12 key task groups including comprehensive institutional reform, legal improvements, administrative simplification, and enhancing the business environment. Priority will continue on growth drivers such as investment, consumption, and exports, alongside new growth engines, while addressing public debt and budget deficits within limits.

The Government emphasizes fundamental transformation of the growth model toward productivity and innovation, focusing on human resource quality, science and technology, digital transformation, and green economy restructuring. Infrastructure development, including transport, energy, and digital infrastructure, is a priority to strengthen national competitiveness. Special attention is given to breakthroughs in digital transformation, advanced technology sectors like semiconductors and AI, and improving overall societal skills.

The socio-economic development strategy also includes enhancing cultural, social progress, climate adaptation, disaster prevention, and improving urbanization and regional linkages. International integration efforts will continue to maintain a stable environment conducive to development and improve Vietnam’s global standing.

Authorities are tasked with preparing detailed quarterly and annual growth scenarios across sectors and industries and updating local growth targets based on new resources, drivers, and capacities. These plans will be submitted to the Ministry of Finance for monitoring, with local governments reviewing and adjusting targets as necessary to align with the national growth objective.

Bảo đảm cả nước không quá 3.000 dự án sử dụng vốn ngân sách trung ương

Dantri | Local Language | News | Jan. 23, 2026 | Regulation

On January 21, Minister of Finance Nguyễn Văn Thắng presented a paper at the Party’s 14th Congress outlining the need to perfect financial institutions and laws to support rapid and sustainable national development. The Ministry of Finance has actively contributed to removing bottlenecks by submitting key resolutions and issuing numerous legal documents to enhance economic competitiveness. Achievements include a 37.6% increase in registered enterprise capital since 2020, state budget revenues nearly 9.9 million billion VND, and significant growth in public investment and stock market capitalization.

Despite these successes, challenges remain such as aligning financial laws with technological advances, uneven policy implementation, inefficient capital use, and an underdeveloped capital market that has yet to become a primary channel for long-term economic capital. The government aims for an average GDP growth of 10% annually by 2030, reaching a per capita GDP of about 8,500 USD, with social investment capital around 40% of GDP.

To achieve these goals, the Ministry of Finance will prioritize issuing guiding documents for new laws early in 2026 and institutionalizing Party resolutions to drive economic component development. Emphasis will be placed on strengthening the state economy’s leading role, developing the private sector as the key growth driver, supporting cooperatives, and attracting foreign investment. An expansive fiscal policy closely coordinated with monetary and other policies will be pursued to ensure economic growth and financial stability.

A key strategy is restructuring public investment by improving efficiency, focusing resources on breakthrough projects, and limiting the number of central government budget-funded projects nationwide to no more than 3,000 to better leverage investment from other economic sectors. Additionally, stock market development will deepen to mobilize medium- and long-term capital effectively, including attracting international funds. The Ministry commits to advancing law enforcement and financial policies to ensure sustainable and synchronized economic growth in line with the Party’s 14th Congress objectives.

Vietnam Net - E | English | News | Jan. 23, 2026 | Political Scandal or Corruption

At the 14th National Party Congress, Deputy Chief of the Central Inspection Committee Tran Van Ron reported significant progress during the 13th Party Congress term, noting that the Party’s inspection bodies handled an unprecedentedly broad and complex workload. They uncovered and resolved multi-layered violations across various sectors and localities that had previously caused public discontent, enforcing discipline with strictness and humanity, without exceptions or forbidden zones. Despite these achievements, Ron acknowledged ongoing challenges, including insufficient appreciation of inspection work among Party committees and weaknesses in self-checking and early violation detection.

Ron emphasized the importance of committed leadership, stating that effective inspection depends on top leaders taking personal responsibility and setting examples. He highlighted that discipline should protect the broader public interest, enforcing rules not merely to punish individuals but to strengthen governance by closing systemic loopholes. A key development during the 13th term was enhanced coordination between Party inspection, state audit, administrative inspection, and law enforcement, which enabled more decisive enforcement actions.

Looking forward to the 14th term, Ron called for bold reforms aiming to transform inspection into a central tool for political discipline and clean governance. This would involve focusing on prevention, early warning, and grassroots power control, tightening anti-corruption rules, and integrating them into public administration to structurally deter misconduct. Additionally, inspection agencies will pursue digital transformation to enable real-time, data-driven oversight, enhancing transparency and accountability through reforms in asset and income declarations. The ultimate goal is to develop a generation of inspectors who are morally upright, professionally skilled, and institutionally empowered to uphold Party discipline and integrity.