Prime Minister Le Minh Hung stressed that economic growth must go hand in hand with macroeconomic stability, rejecting any trade-off for short-term gains.

Rising geopolitical risks could quickly impact Vietnam through energy prices, inflation, and global economic volatility.

The requirement for “substantive growth” by Party General Secretary To Lam at the 2nd Central Conference places macroeconomic stability in its rightful position as the top priority and a red line that cannot be traded off.

Prime Minister Le Minh Hung sets a target of over 10 percent annual growth, calling it a development imperative for the next term.

The report highlights that Vietnam continues to benefit from strong domestic demand, robust export performance and sustained foreign investment inflows, particularly in high-tech manufacturing and electronics.

Despite geopolitical uncertainties, Vietnam posts strong first-quarter growth, signaling continued economic resilience.

On April 4, the Prime Minister issued decisions approving adjustments to the master plans for six regions for the 2021–2030 period, with a vision to 2050.

Vietnam’s total social investment rose strongly in the first quarter of 2026, reflecting improving investor confidence and a sustained recovery in the business climate, according to the National Statistics Office under the Ministry of Finance.

Vietnam has emerged as a “bright spot” by absorbing a large share of young workforce through export-oriented manufacturing and deeper integration into global supply chains, according to Japan’s Nikkei newspaper.

Prime Minister Pham Minh Chinh stressed the steadfastness in the double-digit growth target while chairing the Government’s regular meeting for March and the Government-to-locality teleconference reviewing the first-quarter performance on April 4.

The solid start to the year provides a foundation to achieve full-year growth target even as global uncertainties loom, including the Middle East tension.

Total export and import turnover reached 249.5 billion USD during the first quarter of 2026, up 23% from a year earlier, the National Statistics Office (NSO) under the Ministry of Finance reported on April 4.

Double-digit growth is only feasible when institutional reform becomes the central engine, with procedures substantially cut, officials who dare to act protected, and a legal environment transparent enough for businesses to invest boldly.

Growth in the coming period is no longer just about setting ambitious targets. It is about how those targets are pursued - through disciplined, consistent and effective implementation of development principles.

Soaring oil prices drove up fuel, transportation and logistics expenses, with nearly half of surveyed firms reporting higher input costs – the sharpest increase since April 2022.

Global geopolitical turbulence is an enduring feature of the modern world. Yet for Vietnam, a confluence of favourable conditions and untapped potential is emerging, opening the door to sustained, high-quality growth.

Experts urge mechanisms to redirect vast idle capital in households into business and investment to boost growth.

Vietnam continues to rank among the fastest-growing economies in the Southeast Asia-6 group, alongside Thailand, the Philippines, Indonesia, Malaysia and Singapore, with strong growth expected to continue into 2026.

The business community will play a leading role in driving double-digit economic growth in 2026 and the following years, Prime Minister Pham Minh Chinh told a conference in Hanoi on March 27.

In a volatile world, Vietnam’s long-term resilience depends on strengthening internal capacity, with technology, innovation and institutional reform at the core of sustainable growth.