Creating a foundation to reach higher levels of development.

According to the assessment at the second meeting of the Government's Steering Committee on macroeconomic management and administration, in 2025, despite facing many difficulties and challenges due to the uncertain international context; and complex and historically unprecedented natural disasters, storms, and floods, Vietnam's economy still achieved impressive results.

Accordingly, inflation was controlled at 3.31%, contributing to consolidating the achievements of macroeconomic stability over the past years. The balances of the economy were ensured, economic growth reached 8.02%, creating confidence and momentum towards achieving the targets set for the 2026-2030 period.

Previously, at the first meeting, the members of the Steering Committee unanimously agreed that the difficulties and challenges in the 2021-2025 term outweigh the opportunities and advantages. 2025, in particular, is a year of significant volatility in the global economy, escalating geopolitical conflicts, disruptions to supply chains in many places, and consecutive natural disasters and floods. In addition, there are "headwinds" from outside that have directly, multifacetedly, and severely impacted our highly open economy.

Nevertheless, the socio-economic situation in 2025 and the entire 2021-2025 period continued to develop positively, maintaining a trend of each month improving compared to the previous month, each quarter improving compared to the previous quarter, and each year improving compared to the previous year. All overall targets were met and exceeded. The number of businesses increased to a record high of nearly 300,000, with nearly 300,000 businesses entering and re-entering the market. Monetary policy was managed appropriately, and capital mobilization for development investment exceeded expectations. National financial strength was firmly consolidated, budget revenue exceeded projections with a sustainable revenue structure; social security was strengthened and ensured…

These results demonstrate resilience and create an important foundation for 2026 – the first year of implementing the 2026-2030 five-year socio-economic development plan – marking the beginning of a new era of national development. However, as Prime Minister Pham Minh Chinh pointed out, the global situation in 2026 will still be unpredictable, difficult, and complex. Therefore, to achieve breakthroughs, rapid and sustainable growth, and fulfill the goals set forth in the Resolution of the 14th National Congress of the Party, the central task remains maintaining macroeconomic stability, controlling inflation, and ensuring major balances. In addition, it is necessary to control budget deficits, public debt, government debt, ensure social security, safety, and people's well-being, and improve the material and spiritual lives of the people.

Furthermore, it is necessary to continue to promote the comprehensive development and improvement of institutional frameworks. Promptly and decisively address bottlenecks and obstacles, unlocking and unleashing all resources for development. Establish a new growth model, with science, technology, innovation, and digital transformation as the main driving forces. Implement economic restructuring, accelerate industrialization and modernization; improve productivity, quality, resilience, and competitiveness of the economy.

Complete and create breakthroughs in the construction of socio-economic infrastructure, effectively exploiting new development spaces. Renew traditional growth drivers, and vigorously exploit new growth drivers, with the motto of daring to think, daring to act, daring to take responsibility, daring to accept risks, with a strategic vision, breakthrough thinking, valuing intellect, time, and decisiveness. Accelerate the disbursement of public investment capital and implement national target programs from the beginning of the year, especially large-scale infrastructure projects. Resolutely remove difficulties and obstacles, cut down and simplify administrative procedures and business conditions.

The target of double-digit growth in 2026 in particular, and in the 2026-2030 period in general, is a legitimate aspiration stemming from the objective requirements of the country's development process. Therefore, in his article "Forward! Complete Victory Will Be Ours!", General Secretary To Lam emphasized that the next 5-10 years are a pivotal period of decisive importance for the country's two centenary strategic goals.

Within this relatively short period, we must both achieve the goals of the 2026-2030 five-year plan and lay a solid foundation for reaching higher development milestones by 2045... This requires the economy to consistently grow at an average rate of 10% or higher for many years – an unprecedented breakthrough rate, but a completely achievable goal if we know how to maximize our resources…

Source: https://daibieunhandan.vn/tao-nen-tang-de-vuon-toi-moc-phat-trien-cao-hon-10405380.html