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Vietnam targets GDP growth of at least 10% in 2026
The Ministry of Finance is giving the final touches to a draft resolution that lays out an initial road map to achieve these numbers.
Vietnam’s National Assembly recently approved several socio-economic targets for next year that include GDP growth of at least 10 per cent, GDP per capita of $5,400-$5,500, a rise in consumer price index of around 4.5 per cent and labour productivity gains of 8.5 per cent.
Exports are expected to rise by about 8 per cent in 2026, while retail sales of goods and services are targeted to rise by 11 per cent.
Total social investment is projected at nearly 4.93 quadrillion VND ($189 billion)—up by 18.7 per cent year on year (YoY) and equivalent to 33-33.7 per cent of GDP.
Exports are expected to rise by about 8 per cent in 2026, delivering a trade surplus of around $28 billion, while retail sales of goods and services are targeted to rise by 11 per cent, with a stretch target of 12 per cent.
Industrial hubs like Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Da Nang and Dong Nai are also chasing double-digit gains.
Less affluent provinces like Son La, Gia Lai, Dak Lak, Vinh Long, Dong Thap and Ca Mau are also targeting 8-per cent or better regional GDP growth, a domestic news agency reported.
The National Assembly has outlined 11 key task groups and solutions. The government has instructed relevant agencies to break these down into concrete, actionable plans under the resolution.
Core focuses include accelerating institutional reforms for greater transparency, consistency and equity in investment and business rules to unlock productive forces and pool resources; advancing a new growth model and economic restructuring; and ensuring timely delivery of strategic and critical infrastructure projects.
Fibre2Fashion News Desk (DS)