Want to be in the loop?
subscribe to
our notification
Business News
VN EYES ANNUAL GDP GROWTH AT LEAST 10 PER CENT IN 2026-30
Việt Nam aims to achieve average annual growth rate of at least 10 per cent in 2026-30 period, according to a new directive by Prime Minister Phạm Minh Chính on the socio-economic development plan for the next five-year period.
Việt Nam aims to achieve average annual growth rate of at least 10 per cent in 2026-30 period. — VNA/VNS Photo Tuấn Anh
HÀ NỘI — Việt Nam is aiming for an average annual growth rate of at least 10 per cent between 2026 and 2030, according to a new directive from Prime Minister Phạm Minh Chính on the socio-economic development plan for the next five-year period.
Directive No 31 requires that the targets set for 2026-30 must be clear, feasible and compliant with the 2021-30 national development strategy.
The plan focuses on restructuring the economy, accelerating industrialisation and modernisation, promoting science, technology innovation and digital transformation as key growth drivers, and maintaining macroeconomic stability while controlling inflation.
The directive identifies the private sector as a key pillar for growth and innovation, calling for support to promote the development of regionally and globally competitive private groups and small and medium sized enterprises.
Việt Nam also plans to invest in high-quality human resources development to meet international standards and the requirements of strategic industries, focusing on digital skills, foreign languages and STEM.
Infrastructure development remains a top priority, including the North-South expressway, key seaports and airports, urban railways in Hà Nội and HCM City, and two nuclear power plants in Ninh Thuận. — VNS
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
TECHNOLOGY
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
GARMENT / TEXTILE
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
LEGAL UPDATE / POLICY
FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH
Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.
Events Sponsors
