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Update news inflation control
Deputy PM Pham Thi Thanh Tra said Vietnam has reduced the number of schools by 50.6% and villages and residential groups by more than 46%, while restructuring school management and support staff as part of nationwide administrative reforms.
VN's goal of achieving GDP growth of at least 10% in 2027 reflects strong ambition but poses major challenges amid fragile growth fundamentals, inflationary pressures and rising demand for capital and energy, a National Assembly committee has warned.
Vietnam's inflation stayed elevated in the first nine months of 2026 even as the economy grew strongly, making price stability a core part of efforts to preserve macroeconomic stability and protect social welfare.
The Government has ordered ministries, agencies and local authorities to sharpen forecasting capabilities and build response scenarios to keep inflation contained.
As 2025 comes to a close, Vietnam finds itself in a moment of cautious optimism - celebrating remarkable economic gains while confronting the need for deeper, more sustainable reforms.