Also in January, more than 24,500 businesses nationwide resumed operations, a 146.2% increase compared to the previous month and a 7.6% increase compared to the same period in 2025. Nearly 1,000 household businesses converted to the corporate model, equivalent to about 25% of the total number of households converting in 2025. These are positive signs, showing that business confidence continues to be strengthened.
According to assessments at the 4th meeting of the National Steering Committee for the implementation of Resolution No. 68-NQ/TW of the Politburo on the development of the private economy, the investment and business environment still faces many obstacles and difficulties that need to be addressed. Administrative procedures in some areas remain complex; harassment of businesses still occurs. Access to resources such as credit and land for small and medium-sized enterprises and business households remains difficult… These are not newly arising difficulties but have been raised many times on numerous occasions. Although some solutions have been implemented, the results have not met expectations.
In recent times, the National Assembly and the Government have issued several policies to address difficulties and help "revive" many unfinished real estate projects. However, some other economic sectors still face many unfavorable factors. Meanwhile, the Government has limited room to loosen monetary policy through further interest rate reductions, as current interest rates are already relatively close to the inflation rate. Furthermore, credit growth in 2025 was very strong, reaching approximately 19%, forcing the State Bank of Vietnam to exercise tighter control, so credit flows in 2026 will not be as strong as in the previous year…
Looking at Vietnam's GDP growth forecast of 8.02% in 2025 – the second highest in the 2011-2025 period – a number of international organizations have simultaneously raised their growth forecasts for Vietnam in 2026. The ASEAN+3 Macroeconomic Research Office (AREO) forecasts Vietnam's GDP growth in 2026 to reach 7.6% – the highest in the ASEAN+3 region. United Overseas Bank (UOB - Singapore) also raised its 2026 growth forecast for Vietnam from 7% to 7.5%. The World Bank (WB) adjusted its forecast for Vietnam's GDP growth in 2026 to 6.3% from the previous 6.1%. Hong Kong and Shanghai Banking Corporation (HSBC) forecasts Vietnam's GDP growth at 6.7%... While these forecasts are subject to periodic updates, the gap between Vietnam's target and international projections remains quite large, especially given the significant risks facing the global economy amidst prolonged trade tensions, complex geopolitical conflicts, and persistently high levels of policy uncertainty. In fact, achieving growth of 10% or more is an "accomplishment" that no economy in the ASEAN region will reach in 2025, even though the region is considered a bright spot in the global economy.
Clearly, it is time for the economy in particular and society as a whole to return to a rapid pace as quickly as possible, without delay or interruption; ensuring continuity and smooth operation as directed by General Secretary To Lam at his meeting with officials, civil servants, and employees of the Central Party Office on the first working day after the Lunar New Year holiday. Only then will the early days of the Year of the Horse 2026 become a season of "sowing seeds" to reap success at the end of the year.
Source: https://www.sggp.org.vn/mua-gieo-hat-moi-post839811.html
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