More than 4 million billion VND in capital is needed to achieve the GDP growth target of 8% in 2025.

DNVN - Vietnam needs more than 4 quadrillion VND in capital, equivalent to about 160 billion USD, to achieve 8% GDP growth in 2025.

Chairing the "Symposium on and orientation for stock market development in the integration trend" on February 21, Minister of Finance Nguyen Van Thang said that in 2024, Vietnam has achieved many impressive results.

Vietnam has fulfilled all socio -economic targets, with a GDP growth rate of 7.09%, an economic scale of over 476 billion USD, ranking 33rd in the world. State finance and budget work has recorded many impressive results; public debt, government debt, and foreign debt continue to be consolidated and guaranteed.

Minister of Finance Nguyen Van Thang speaks at the conference.

Financial markets, capital markets in general and stock markets in particular continue to recover, grow, and operate more safely and transparently. Despite being affected by the general global situation, the Vietnamese stock market last year remained stable, safe, smooth, with good liquidity and enhanced transparency and sustainability.

Along with that, under the strong direction of the Government , the State management of the stock market has received special attention from the Ministry of Finance and the State Securities Commission. Not only has the management, operation and supervision been good, but last year, the legal system continued to be improved, typically the amended Securities Law was issued.

Legal guidance documents are being accelerated to continue to "create the greatest convenience for people and businesses" and regulations to approach international practices.

In addition, State management agencies have been very proactive and made efforts to resolve market bottlenecks to help improve the ability to mobilize capital for businesses, while removing obstacles to create conditions for market access for investors, especially foreign investors. Vietnam is making the greatest effort to perfect the criteria so that the Vietnamese stock market can soon be upgraded from a frontier market to an emerging market.

Mr. Thang emphasized that 2025 is the final year of implementing Vietnam's 5-year socio-economic development plan 2021 - 2025. This is the year of acceleration, breakthrough, and completion, creating the premise for the development plan for the next 5 years of the 10-year socio-economic development strategy (2021 - 2030), marking the time when the country enters a new era of strong, prosperous development of the nation.

Therefore, the Vietnamese Government has set a target of GDP growth of at least 8% in 2025, creating a foundation for double-digit growth in the 2026-2030 period. To achieve the 8% growth target in 2025, in addition to growth drivers such as exports and consumption, resource mobilization is the core issue for Vietnam's growth.

“Vietnam needs capital of more than 4 quadrillion VND, equivalent to about 160 billion USD – this is a very large number. Therefore, in addition to capital sources prepared from the State budget, the capital market is a very important mobilization channel for the economy, especially to serve the growth target,” Mr. Thang said.

Ha Anh

Source: https://doanhnghiepvn.vn/kinh-te/chung-khoan/can-nguon-von-hon-4-trieu-ty-dong-de-dat-muc-tieu-tang-truong-gdp-8-nam-2025/20250221015710748