Under its Resolution No. 01/2026/NQ-CP, the Government outlines key tasks and solutions to implement the socio-economic development plan for 2026.

The Government has issued Resolution No. 01/2026/NQ-CP on
key tasks and solutions to implement the socio-economic development plan for
2026, according to the Government News.

The resolution requested ministries, sectors, and localities
to focus on economic management, maintain macroeconomic stability, control
inflation, and ensure major economic balances.

Provinces and centrally governed cities are tasked with
reviewing and developing quarterly GRDP growth scenarios. Ministries and
sectors are also required to formulate separate growth scenarios for each field
under their management. These scenarios must be reported to the Ministry of
Finance in February for consolidation and monitoring.

Under the Resolution, the Government emphasizes the need to
renew thinking, governance, and resource allocation, and to combine solutions
to transform the growth model. Science and technology, innovation, and digital
transformation are identified as the key driving forces, together with all
economic sectors, to mobilize resources for development.

The Government also stresses the need to tighten discipline
and administration order, improve institutions in parallel with promoting
decentralization and delegation of authority, uphold the responsibility of
heads of agencies, and intensify efforts to combat corruption and wastefulness.

Ministries and sectors are required to continue cutting
administrative procedures, improving the business environment, and accelerating
investment in strategic infrastructure, including transport and energy.

Vietnam’s GDP grew 8.02 percent in 2025, the second-highest
rate in the 2011–2025 period, driven mainly by momentum from services and
industrial production, the National Statistics Office reported.

With this figure, Vietnam becomes the fastest-growing economy
in Southeast Asia and in the world. This is a hard-won achievement amid
continued global volatility, particularly trade tensions and the U.S.
reciprocal tax policy.

The average annual GDP growth during 2021–2025 is estimated
at around 6.3 percent, slightly higher than the 6.2 percent recorded in the
previous five-year term.

In 2025, Vietnam’s GDP reached $514 billion, up $38 billion
compared to the previous year. GDP per capita is estimated at $5,026, an
increase of $326 from 2024 ($4,700), pushing Vietnam into the upper-middle-income
country group.

VGP-Pham Long