Localities vow all-out efforts to achieve double-digit growth
The remaining months of the year will be devoted to accelerating implementation rather than lowering expectations, affirmed Chairman of the Hanoi People's Committee Vu Dai Thang.
PM launches nationwide campaign for sustainable double-digit growth
Prime Minister Le Minh Hung called on ministries, sectors and localities to promptly translate the emulation movement into practical action plans and programmes, ensuring that emulation becomes not merely a campaign but a driving force for action, an ecosystem for discovering good models, replicating successful models and best practices.
A mandate without retreat: Vietnam’s drive for double-digit growth
A Ministry of Finance (MoF) report submitted to the Government showed that Ho Chi Minh City is to fall short of its target by about 1.7 percentage points, Hanoi 2.75 points, Bac Ninh 1.1 points, and Quang Ninh 0.85 points as of May.
WB sees strong potential for Vietnam's double-digit growth goal
Vietnam is among those few emerging market economies where an immense array of reforms is currently unfolding, generating considerable excitement and optimism. The reforms that the Government has been pushing over the last two years are the most significant since the Doi Moi (Renewal) era – a comprehensive, fast-paced reorganisation and restructuring of the state that could be potentially transformative if implemented well.
Energy sector seen as key pillar for Vietnam’s green, double-digit growth ambitions
Chairman of the Vietnam National Industry-Energy Group (Petrovietnam) Le Ngoc Son said Vietnam’s energy demand will continue rising sharply, creating enormous pressure on power generation investment. To sustain GDP growth of around 10%, electricity demand is expected to increase by 12-15% annually, requiring an additional 7,000-8,000 MW of new capacity each year.
Vietnam looks to expand fiscal space to support double-digit growth
Experts emphasise that fiscal policy should move beyond a supportive role to actively lead growth. Continued and selectively expanded tax and fee reductions could directly ease cost pressures on businesses, enabling them to sustain operations and expand investment.
Pathways to double-digit growth to be tabled at 16th NA’s first session
In the morning sitting on April 20, deputies are expected to hear proposals and verification reports on a range of draft resolutions. The documents cover breakthrough mechanisms and policies for the development of Vietnamese culture; the establishment of Dong Nai as a centrally run city; a pilot framework for public lawyer institution; and special mechanisms to address land law violations committed prior to the 2024 Land Law taking effect, alongside measures to resolve long-delayed and stalled projects.