Solutions to realize the target of double-digit growth from 2026

To achieve the double-digit GDP growth target in the 2026-2030 period, the Ministry of Finance has proposed many specific solutions. To better understand this issue, reporters from the News and Ethnic Affairs (VNA) newspaper had an interview with Dr. Nguyen Thi Huong, Director of the General Statistics Office (Ministry of Finance), about these solutions.

Dr. Nguyen Thi Huong - Director of the General Statistics Office ( Ministry of Finance ).

Madam, there is not much time left in 2025, so what are the favorable factors for growth in the last month of the year?

The final months of the year are a period when the global economy is in a "tug of war" state, reflected in weak recovery momentum, declining demand and existing macroeconomic and financial risks. Although not falling into a clear recession, the economy maintains a growth rate lower than the average of the period before the COVID-19 pandemic. Risks from trade, inflation, public debt, and finance still exist. Forecasts from major organizations (IMF, OECD, WB, ADB, etc.) show a two-way outlook: a neutral scenario with a slight level of stability and a pessimistic scenario with slow growth and the risk of asset and financial bubbles.

Domestically, the economy in the last months of 2025 will develop in a direction of both difficulties and advantages, creating significant pressure on management and operation. In particular, favorable factors supporting growth in the last months of the year include: Macroeconomic stability continues to be maintained, creating a foundation for production and business activities; Public investment continues to be the key driving force along with high political determination, disbursement improved compared to the same period, creating a strong pull for the construction, materials and related industries; FDI capital flows remain positive, multinational corporations continue to expand their supply chains in Vietnam thanks to the improved business environment and the trend of shifting regional production...

In addition, the electronics, high technology, logistics, and renewable energy sectors recorded many new projects. The tourism and service market continued to have many opportunities for development, year-end tourism events, festival seasons, and visa policy adjustments supported the increase in international visitors; domestic tourism maintained strong growth, contributing to promoting trade, transportation, accommodation, entertainment, and spending and consumption. Production for Tet holidays was promoted to meet the increased consumer demand at the end of the year, creating more momentum for production growth and circulation of goods.

How do the growth results in 2025 and the entire 2021-2025 period impact the double-digit growth target for the 2026-2030 period, Madam?

The 2025 GDP growth target of about 8% set by the Government at the beginning of the year is important in affirming the determination to recover and make a strong breakthrough of the economy. At the same time, this target plays an important role in the period of 2026 - 2030, contributing to consolidating the macro foundation, creating growth inertia and enhancing the position and attractiveness of Vietnam in the context of competition and shifting global supply chains. Growth results in 2025 and the period of 2021 - 2025 are the foundation for Vietnam to enter the high growth cycle of 2026 - 2030.

Stable macro-economy, increasingly favorable investment environment and strengthened market confidence in the 2021-2025 period have created a "key" foundation for domestic and foreign investors to confidently expand their operations, especially attracting high-quality FDI capital flows. Along with that, the process of restructuring the economy, improving productivity, promoting digital transformation and green transformation contributes to creating a new growth foundation, helping to increase and improve growth quality.

The above factors act as necessary conditions to form breakthrough growth drivers from 2026, thereby helping Vietnam maintain a stable and sustainable double-digit growth rate in the 2026 - 2030 period.

In addition, promoting public investment disbursement, especially key infrastructure projects, as well as institutional reform and streamlining the apparatus in the 2021-2025 period have contributed to unlocking resources, liberating production capacity, development space and creating a foundation and expectations for rapid and sustainable development in the next period.

Disbursement of public investment capital is the leading important driving force contributing to the growth target.

Madam, what management solutions does the General Statistics Office propose to achieve the target of double-digit GDP growth from 2026?

Based on the positive results achieved in 2025, along with a full analysis of the advantages and disadvantages of the domestic and international economic context, the General Statistics Office proposes a number of recommendations on management solutions to realize the double-digit growth target in 2026.

Firstly, prioritize development to promote growth associated with maintaining macroeconomic stability, controlling inflation, ensuring major balances of the economy, controlling public debt, and state budget deficit within prescribed limits.

Second, support businesses, especially small and medium-sized enterprises and export enterprises to improve the value chain: Preferential credit support packages, credit guarantees, and technical assistance (research and development, digital transformation, design, traceability) for small and medium-sized enterprises participating in FDI and export supply chains.

Third, strongly promote new growth drivers, develop digital economy, green economy, circular economy, sharing economy, semiconductor industry, artificial intelligence. Expand tax incentives for research and development (R&D), establish a national innovation fund, and create a market for domestic technology products.

Fourth, promote FDI attraction based on "quality" associated with high value chains, shifting the target from "capital quantity" to "technology content, localization rate, added value" with conditional incentives on tax and land for enterprises committed to R&D, export products with high localization content.

Fifth, stimulate demand with focus, increase sustainable consumption. Encourage consumption towards domestically produced goods with high added value (promotions, coupons, support for green technology purchases) and support service consumption (domestic tourism, entertainment services) with tourism safety programs and conditional promotions.

Sixth, energy transition and green economy take advantage of green investment and carbon market. Promote renewable energy and electrification projects combined with transparent bidding mechanisms; build a legal corridor for carbon credit market to attract green investment. Prioritize ecological industrial zones, encourage enterprises to apply clean technology with financial support and tax policies.

Seventh, institutional reform, cost reduction. Continue to review and abolish unnecessary business conditions, reduce 50% of the time to handle administrative procedures related to investment and business establishment. Complete decentralization, increase local government responsibility in attracting investment and disbursement.

Thank you very much, Director!

Source: https://baotintuc.vn/kinh-te/giai-phap-de-hien-thuc-hoa-muc-tieu-tang-truong-2-con-so-tu-nam-2026-20251208152015546.htm