# double-digit growth

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.

Party General Secretary and State President To Lam speaks at the Government's regular meeting for June and a teleconference with authorities of all localities nationwide on July 4. (Photo: NDO)
Domestic

Top leader orders removing implementation bottlenecks to spur growth

Party General Secretary and State President To Lam on July 4 urged the Government and local authorities to immediately remove obstacles to policy implementation, describing execution as the "bottleneck of all bottlenecks" at present, to accelerate economic growth and lay a solid foundation for the country's next development phase.

NA Chairman Tran Thanh Man speaks at the conference with the Ho Chi Minh City Party Committee’s Standing Board on May 29. (Photo: VNA)
Domestic

NA Chairman urges Ho Chi Minh City to move faster on breakthrough reforms

Ho Chi Minh City was tasked with continuing to refine the two-tier local administration model in a streamlined, effective, and substantive way; stepping up decentralisation and delegation of authority alongside power control and accountability; and building quantitative criteria to assess operational effectiveness, with citizens and businesses placed at the centre of service delivery.

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