Vietnam’s ambitious economic goals are taking center stage as Prime Minister Lê Minh Hưng emphasizes the government’s dedication to achieving double-digit growth from 2026 to 2030. The plan, which aims to maintain macroeconomic stability and control inflation, was highlighted by the Prime Minister during a nationwide teleconference with local authorities and at the government’s June meeting. To support these targets, the government has updated its growth strategy and policy roadmap, directing ministries and local governments to translate national development resolutions into actionable steps with clear responsibilities and deadlines. Regions lagging economically are urged to revise their development plans, while those performing well are encouraged to exceed their targets.
A key focus for the government is accelerating public investment, particularly in critical sectors such as transport, energy, agriculture, worker housing, and infrastructure development for the upcoming APEC 2027. The Prime Minister underscored the importance of project performance, warning that ministries and localities with poor disbursement records could face cuts in public investment funding. Innovation, science, technology, and digital transformation are identified as pivotal growth drivers. The government is set to boost national digital infrastructure, integrate key databases with the National Data Centre, and promote strategic technologies to support long-term economic restructuring.
Alongside these economic efforts, the Prime Minister called for improvements in education, healthcare, social welfare, national defense, and public communication. Strengthening international cooperation and fulfilling global commitments also remain a priority. Government reports indicate a robust economic performance for Vietnam in the first half of 2026, with GDP growth reaching 8.39% in the second quarter and 8.18% for the first half of the year, marking the highest level since 2011. Manufacturing, construction, and services have been identified as the main growth drivers, with the tourism sector welcoming a record 12.25 million international visitors during this period.
Foreign direct investment has also seen significant activity, with registered capital reaching $34.65 billion and disbursed investment hitting a five-year high of $13.03 billion in the first six months. Total trade has surpassed $550 billion, while state budget revenue and overall investment also show strong growth. Despite this positive momentum, the government acknowledges ongoing challenges such as uneven regional growth, slow public investment disbursement, delays in major infrastructure projects, and the need for further improvements in the business environment and administrative reforms.