# double-digit growth

Alongside improving economic efficiency, Viet Nam needs to promote a green, inclusive and sustainable growth model.
Business

Viet Nam seeks to unlock new growth drivers for double-digit growth

Viet Nam’s GDP grew 8.18% in the first six months of the year, while third-quarter growth is forecast at 9.5-10%. With this momentum, the 2026 GDP growth target of over 9% is considered achievable. However, sustaining this momentum and moving towards double-digit growth will require Viet Nam to unlock multiple economic resources simultaneously.

Vung Ang Economic Zone in Ha Tinh Province.
Business

Ha Tinh steps up efforts to achieve double-digit growth

Speaking at the third plenum of the Party Central Committee, General Secretary and President To Lam emphasised that GDP growth of 8.18% in the first half of the year was a positive result, but intensified efforts were required to achieve the full-year growth target of at least 10% and lay the foundation for sustainable double-digit growth.

Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc presided over the meeting. (Photo: chinhphu.vn)
Business

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more, the municipal People’s Committee said on September 4.

An event showcasing a business's products. (Photo: nhandan.vn)
Business

Unlocking potential and generating momentum for double-digit growth

Ho Chi Minh City is facing an urgent need to accelerate its growth in pursuit of a double-digit growth target. As traditional growth drivers need to be strengthened, the city still has considerable untapped potential, spanning tourism, investment, digital transformation, and green transformation to addressing stalled projects and developing new sectors.

Tax and fee exemptions, reductions, and deferrals have helped cut input costs and support businesses in overcoming difficulties (Photo: TUE NGHI)
Business

Maximising the potential of growth drivers

To achieve double-digit growth in the first year of the new term, the Ministry of Finance is determined to refine institutional frameworks, strengthen budget management capacity, advance administrative reforms, and enhance the business environment in order to harness growth drivers to their full potential.

Prime Minister Le Minh Hung addresses a working session with the Lao Cai provincial Party Committee's Standing Board in Yen Bai ward on July 14, 2026. (Photo: NDO)
Domestic

PM urges Lao Cai to turn advantages into development drivers

Prime Minister Le Minh Hung called on the northern border province of Lao Cai to turn challenges into opportunities, transform its border location into strategic advantages and leveraging its unique strengths and potential as drivers of growth, while chairing a working session with the provincial Party Committee's Standing Board in Yen Bai ward, on July 14.

Construction units are focusing on building a boarding school for primary and secondary levels in the border communes of A Luoi, Hue City.
Business

On projects that are accelerating

To realise the goal of double-digit growth in 2026, Hue City is prioritising the acceleration of the progress of key projects. From transportation infrastructure and industry to social welfare projects, each project is becoming an important “pillar” to expand development space, increase competitiveness, and create new growth momentum for the heritage city in the central region.

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