#Growth
Rising energy demand, mounting pressure to cut emissions,and new requirements arising from digital transformation have underscored the need to develop clean energy sources alongside improvements in infrastructure, market mechanisms, and storage technologies, thereby ensuring energy security and enhancing the economy’s competitiveness.
An overall assessment of industrial production results in the first nine months of 2026 shows that growth has had relatively broad-based spillover effects across the country, localities, economic sectors, and business sectors. This creates strong confidence and expectations for continued growth momentum in industrial production sectors in the final quarter of the year.
Conclusion No. 18-KL/TW, issued on April 2, 2026, by the second plenum of the 14th Party Central Committee, reaffirmed the determination to strive for double-digit growth while maintaining macroeconomic stability, controlling inflation and ensuring the major balances of the economy.
The State Bank of Viet Nam (SBV) is finalising guidelines to launch a preferential credit programme worth around 220 trillion VND (nearly 8.4 billion USD) for small and medium-sized enterprises (SMEs) operating in priority sectors, Deputy Governor Pham Thanh Ha said at the Government's regular press conference on August 3.
Vietnamese entrepreneurs, academics, students and community representatives gathered in Düsseldorf for the 2026 NRW Vietnamese Forum under the theme "Connect – Support – Integrate – Develop," reaffirming their commitment to building a stronger and more sustainable community in Germany's North Rhine-Westphalia (NRW) state.
In the first quarter of 2026, Viet Nam–Singapore trade sustained strong growth, with key product groups posting positive two-way expansion, reflecting their deeper integration into global value chains and increasingly aligned cooperation between the two economies amid ongoing global volatility.
The 14th National Congress of the Communist Party of Viet Nam is widely viewed as a historic event, marking a significant turning point in the country’s development process and the continued advancement of its renewal cause.
Viet Nam’s economy maintained strong growth in 2025 despite facing severe natural disasters and a volatile global environment, with gross domestic product (GDP) estimated to have increased 8.02% year on year, meeting targets set by the National Assembly and the Government, according to Nguyen Thi Huong, Director General of the National Statistics Office (NSO) under the Ministry of Finance.
Viet Nam’s economy witnessed a strong breakthrough in the third quarter of 2025, driven by the recovery of both supply and demand factors. Despite this momentum, inflation rose by only 3.27% year-on-year, significantly below the National Assembly’s target range of 4–4.5%, reflecting effective price stabilisation amid robust growth.
The merger of Ho Chi Minh City, Binh Duong and Ba Ria–Vung Tau has created a mega city - the new Ho Chi Minh City - opening up great opportunities to harness the core strengths of each locality and to promote the development of the digital economy.
Following its merger, Quang Ngai Province, with a new development space, now possesses many significant potentials and advantages. These serve as new driving forces for Quang Ngai to make breakthroughs and rise to become a fairly developed province, a major growth pole of the Central and Central Highlands regions in the coming years.
Prime Minister Pham Minh Chinh has called on ministries and local authorities to work together to reach an economic growth target of 8.3 - 8.5% in 2025 and double-digit growth in the following period, while cautioning that the challenges ahead will outweigh the opportunities.
According to the General Statistics Office (under the Ministry of Finance), agricultural production in May and the first five months of 2025 maintained stable growth across agriculture, forestry, and fisheries.
