Four key pillars to deliver two-digit GDP growth under Vietnam's 18-KL/TW conclusions

Four key pillars are presented as the solutions to achieving the target of two-digit GDP growth. The 18-KL/TW conclusion emphasizes a shift from orientation to action, proposing a systematic set of measures with a timetable and clear responsibility assigned to leadership figures and departments.

Four pillars for two-digit GDP growth

1) Institutions

The institutional pillar focuses on breakthrough reforms to the framework governing economic activity. Measures include reducing compliance costs and procedures, shifting from ex-ante to ex-post controls, strengthening enforcement, and protecting officials who take initiative.

2) Transforming the growth model

This pillar centers on deep structural reforms and creating new growth momentum. It includes developing processing and manufacturing, promoting the digital economy, green economy, and maritime economy, and improving science and technology, innovation, and digital transformation. The plan also calls for raising human resources and strengthening culture and national resilience, alongside environmental protection and climate adaptation. It further includes privatization and state-owned enterprise (SOE) reform, and attracting high-quality foreign direct investment (FDI) linked to technology transfer and domestic value chains.

3) Infrastructure development

Infrastructure is described as the foundation for long-term growth and a new growth pole. The measures include completing more than 5,000 km of expressways by 2030, implementing the North-South high-speed railway, and developing ports and energy infrastructure, including renewables and nuclear. The plan also highlights digital infrastructure and smart cities. Public investment should be focused and directed to boost ICOR.

4) Execution capability

The execution pillar is framed as decisive implementation. It sets out 92 specific tasks for 2026 with clear deadlines and responsible agencies, alongside leader accountability. Oversight is to be enhanced through discipline and performance-based management, with government leadership monitoring progress, adjusting plans, and replacing weak performers. The document states that implementation capacity is key to the performance of the entire system.

2026 as a pivotal year

The 92 tasks for 2026 cover legal reform, backlog resolution, administrative reform, digital infrastructure, restructuring of major enterprises, and core sectors. Overall, the framework is intended to demonstrate a shift from talk to action and from orientation to results, with the stated goal of realizing two-digit growth and elevating Vietnam’s position in the world.