Growth target of 10% or higher remains unchanged, says Prime Minister

Emphasizing that the growth target of 10 percent or higher remains unchanged, Prime Minister Pham Minh Chinh proposed that the conference set out tasks and solutions to continue refreshing the traditional growth drivers, promote new growth drivers, and implement policy measures on monetary and fiscal policy. On the morning of April 4, 2026, Prime Minister Pham Minh Chinh chaired the Government's regular March meeting and the online Government Conference with localities to assess the socio-economic development in the first quarter of 2026 and to propose key tasks and solutions for the second quarter and the time ahead. According to the program, the conference will assess the socio-economic situation in March and Q1 2026; the implementation status of Resolution No. 01/NQ-CP of 2026; the allocation and disbursement of public investment; and some tasks to be focused on in April, Q2, and the time ahead… Opening the conference, Prime Minister Pham Minh Chinh stated that in the early months of 2026, the global situation has experienced many new, complex, and unpredictable developments, such as tariff policies and responses of countries; the Ukraine conflict shows no sign of a quick resolution; the conflict in the Middle East intensifies, disrupting supply; oil, gas, and transport costs have risen. Domestically, the XIVth Party Congress, the election of deputies to the XVIth National Assembly and the People’s Councils for the 2026-2031 term, along with Central Committee Meetings 1 and 2, were very successful, reflecting trust, resolve, and a forward-looking vision for development in the new era. Thanks to the active involvement of the whole political system, the people, and the business community, under the leadership of the Politburo and the Secretariat, led by General Secretary To Lam, the macroeconomic and social development in Q1 2026 generally continued to develop positively across all aspects, with many sectors posting breakthroughs and many localities shining. Opening the conference again, the PM also pointed out that besides the achievements there remain limitations and constraints, and many difficulties, risks related to macroeconomic policy pressures, ensuring energy security; administrative procedures; decentralization; online public services not yet ready; food safety remains complex… Therefore, the PM asked delegates to focus on analyzing the context, the direction of economic-social development in March 2026 and the first three months; the timeliness, flexibility, and effectiveness of the response to new world developments; what parts of the economic performance were good or not, the causes, and lessons learned. Regarding solutions, government leaders require analysis and forecasts of what will be noteworthy in the near future; the positive and negative factors; how to achieve high growth while maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances. Emphasizing that the growth target of 10 percent or higher remains unchanged, the head of government proposed that the conference set out tasks and solutions to continue refreshing the traditional growth drivers, promote new growth drivers; policy measures for monetary and fiscal management; promote public investment; and focus on cultural, social, environmental, defense, security, and external affairs…