Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The socio-economic situation has improved month by month, with results during the first five months of 2025 outperforming those in the same period last year across all sectors, according to PM Pham Minh Chinh.
Prime Minister Pham Minh Chinh stressed the need to promote public investment as a catalyst for private investment, as well as to boost overall social and foreign investment.
Legislators are scheduled to discuss the continuation of certain special mechanisms and policies previously approved by the NA for specific localities, following the reorganisation of the administrative apparatus and the expansion of administrative boundaries in line with the Party and State’ guidelines.
With its breakthrough solutions, Resolution 68 is expected to unlock the potential and creativity of the private sector economy, contributing to the country’s sustainable development.
National Assembly Chairman Tran Thanh Man said laws and resolutions passed during the 15th NA’s ninth extraordinary session are effectively serving the streamlining of the state apparatus toward a leaner, more efficient political system while unlocking new space for socio-economic development.
Puyana acknowledged that the victory on April 30, 1975 was a significant milestone in the country's history, as well as for the world during that period, as it marked a day of reunification for the Vietnamese people and demonstrated the importance of the efforts made by President Ho Chi Minh and other Vietnamese leaders.
PM Pham Minh Chinh Chinh noted that building a harmonious and modern infrastructure system is one of the three strategic breakthroughs identified by the country.
The world is witnessing profound changes in socioeconomic development, where the goal of growth is no longer just about numbers, but must go hand in hand with responsibility for the environment and future generations.
Vietnam's April 30 remains one of the most memorable days for national liberation and anti-colonialism movements globally, marking a crucial milestone in human history while concluding the longest war of the 20th century.
Prime Minister Pham Minh Chinh said it is a must to clearly identify responsibility of each ministry, sector, and locality, to implement mechanisms and policies in order to resolve institutional obstacles, to boost public investment that would contribute 2% to growth, and to foster traditional growth drivers like investment, consumption, and exports.
Vietnam and Hungary will closely coordinate to fully tap opportunities brought about by the EU – Vietnam Free Trade Agreement (EVFTA) while facilitating the entry of their agricultural and aquatic products into each other’s markets.
Cumulative power output in the first two months of this year totaled 45.06 billion kWh, dominated by coal-fired thermal plants with 55.1%, followed by hydropower with 20.6%, and renewable energy 16.3%. Imported electricity accounted for only 1.9%.
A project to construct at least a million apartments of affordable social housing for low-income earners and workers in industrial parks in the 2021 – 2030 period was approved by the Prime Minister.
Priority should be given to promoting economic development from both the supply and demand sides, accelerating the removal of barriers and bottlenecks hindering economic growth, and paying attention to the private sector, said Party leader To Lam.
Data from the commission’s Vietnam Productivity Institute revealed that while productivity growth slowed during 2020-2023 due to COVID-19 impacts and global political instability, Vietnam maintained an impressive average productivity growth rate of 5.6% annually from 2016 to 2023. This placed Vietnam among the leading nations in Asia for productivity growth, outpacing regional peers such as Singapore (3.3%), Malaysia (2.6%), Thailand (2.6%), the Republic of Korea (3.8%), and Japan (0.2%).
Specific mechanisms and policies are critically important to speeding up the project, helping ensure national energy security and meet power demand of socio-economic development in the new era, Minister of Industry and Trade Nguyen Hong Dien said.
The high rate of business exits demonstrates the ongoing difficulties within the business sector, signaling that despite improvements in the business environment, more needs to be done to meet the real needs of enterprises.
