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Prime Minister: Strive for economic growth of about 8.3 - 8.5% in 2025

The Government sets a target that the whole country needs to achieve a growth rate of about 8.3-8.5% in 2025, creating momentum, creating force, and creating a solid foundation to achieve double-digit growth in the 2026-2030 period.

VTC NewsVTC News16/07/2025

The above target was set by Prime Minister Pham Minh Chinh when speaking at the opening of the Government's online conference with localities on the economic growth scenario for 2025 and solutions to achieve the 2025 growth target, which took place on the morning of July 16.

Prime Minister Pham Minh Chinh. (Photo: VNA)

Prime Minister Pham Minh Chinh . (Photo: VNA)

The Prime Minister said that since the beginning of the year, we have been carrying out many breakthrough, strategic, and fundamental tasks, both short-term and long-term, such as implementing the revolution to reorganize the apparatus and reorganize the country; submitting to the Politburo for promulgation and implementation of 4 important Resolutions (the four pillars); and building to submit to competent authorities resolutions related to education and training, health care, and culture.

" These are major orientations to enter a new era - an era of national development towards wealth, civilization, prosperity, and increasingly prosperous and happy people, " the Prime Minister affirmed.

Regarding the GDP growth target, the Prime Minister stated that the Central Government, the National Assembly, and the Government determined that this year the growth rate must be 8% or higher. Recently, with the great efforts of the entire political system, people, and businesses, the economy achieved a growth rate of 7.52% in the first 6 months of the year.

However, the head of the Government acknowledged that from now until the end of the year, there will be many difficulties and challenges, especially difficulties from within the economy. Therefore, we must analyze, discuss, and evaluate to find solutions to restructure the economy, transform the growth model, and find the most optimal structure and model in the current international context as well as the conditions of Vietnam as a developing country, a transitioning economy, with a modest scale and large openness.

To achieve the set growth target, it is necessary to renew traditional growth drivers such as consumption, export, investment and promote new growth drivers such as green growth, circular economy, digital economy, etc.

" At this conference, the Government gave specific figures that the whole country needs to achieve a growth rate of about 8.3-8.5% in 2025, creating momentum, creating force, creating enthusiasm, creating a solid foundation to achieve double-digit growth in the period of 2026-2030, thereby achieving 2 strategic development goals for 100 years," the Prime Minister informed.

The Prime Minister asked delegates to discuss and evaluate the possibility of achieving a growth rate of 8.3-8.5% in 2025; what must be done to achieve this target; from there, it is necessary to identify growth pillars, growth drivers, ministries, branches, agencies, economic groups, and economic sectors must all make efforts and move forward.

Delegates also need to focus on analyzing and evaluating the world context to find appropriate solutions; short-term and long-term solutions to restructure the economy, transform the growth model according to the new spirit, new situation; untie knots, remove difficulties and obstacles, unblock resources, and promote growth drivers.

The Prime Minister emphasized that the entire political system must act. If there is no action, no synchronization, no professionalism, and no direction, there will be no combined strength. It requires unanimity, determination, and consensus, and unified perception and action to ensure the goals set by the Party and the National Assembly.

Therefore, the Prime Minister hopes that delegates will study carefully and contribute their opinions so that after this meeting, the Government will have a new Resolution on assigning growth targets and managing a unified growth scenario.

Affirming that the conference is action-oriented, combative, and specific, the Prime Minister requested delegates and leaders of ministries, sectors, localities, and units to clearly state the targets, goals, and solutions of their ministries, sectors, localities, and units, with a roadmap, steps, and specific solutions.

English

Source: https://vtcnews.vn/thu-tuong-phan-dau-tang-truong-kinh-te-nam-2025-khoang-8-3-8-5-ar954612.html


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