PM outlines key tasks to enhance macroeconomic management

by | Jan 27, 2026 | Asia

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Vietnam recording encouraging economic results in 2025 with GDP growth reaching 8.02%.

Prime Minister Pham Minh Chinh, head of the Government
Steering Committee for Macroeconomic Management and Administration, outlined
key tasks and solutions to create strong momentum for growth in 2026 and the
entire 2026–2030 period while chairing the committee’s second meeting in Hanoi
on January 26.

He called for proactive, flexible and effective responses
based on clearly grasping developments. He directed the continued
implementation of an expanded but focused fiscal policy, with appropriate tax
and fee measures to support development, especially the double-digit growth
target, alongside measures to increase revenues, reduce expenditures, and
prioritise spending on defence, security, growth drivers and social welfare.
Monetary policy should be managed proactively, flexibly, timely and
effectively, with close coordination between fiscal and monetary policies so
that they reinforce one another.

The Government leader also underscored the need to
strengthen fiscal and budgetary discipline, ensure accurate and timely revenue
collection, expand the tax base and combat revenue losses, especially in
e-commerce and services, while continuing tax and fee reductions and extensions
to support people and businesses, particularly small- and medium-sized
enterprises. Available room on public debt and overspending should be used
prudently to mobilise resources for investment in national priority projects
and areas such as science, technology, innovation and digital transformation.

The Prime Minister also directed efforts to develop stable
and healthy stock and corporate bond markets, manage interest rates and
exchange rates in line with macroeconomic conditions, stabilise the Vietnamese
dong (VND), continuously renew traditional growth drivers, and vigorously promoting
new ones.

He also stressed the importance of promoting public investment disbursement,
attracting high-quality FDI, accelerating green transition, ensuring food
security, stabilising markets and prices, and intensifying the fight against
smuggling, trade fraud and counterfeit goods.

Last year, Vietnam recorded encouraging economic results, with inflation kept under control at 3.31%, macroeconomic stability consolidated, major economic balances safeguarded, and GDP growth reaching 8.02%.

VnEconomy-HĂ  LĂª

Written By

Written by Albert Pham, News Curator and Blogger

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