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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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At Build to Last 2026, Saint-Gobain Vietnam announced it has achieved “Zero Carbon” manufacturing for its DURAflex fiber cement sheet plant in Quảng Trị, with no carbon emissions for Scope 1 and Scope 2. The company said it is the first in its industry to reach this milestone. The Zero…
During the ongoing first session of the 16th National Assembly on the morning of April 10, Prime Minister Le Minh Hung discussed key socio-economic development issues with deputies in the Haiphong delegation, focusing in particular on the Government’s goal of achieving two-digit GDP growth on a solid macroeconomic foundation.
The Prime Minister said Cabinet members have carefully considered opinions from National Assembly deputies. He noted that deputies reviewed Government reports and the parliamentary review, offering “insightful, responsible, and meaningful” comments from multiple angles that reflect voters’ expectations.
He agreed with calls to simplify reports to the National Assembly and to develop a comprehensive socio-economic report that consolidates investment, finance, and the budget within one year and across the term, rather than issuing separate sector reports. Detailed budget spending and debt data would be provided as appendices to save time and make the information easier to access.
The Prime Minister also suggested reviewing the legal framework for laws, the National Assembly, and the Government to simplify, digitize, and apply technology so deputies can monitor and assess issues more quickly and efficiently. He said the National Assembly Chairman would be consulted and relevant agencies would be directed to assess and report any adjustments promptly.
The Government presented evaluations of supplementary results from implementing the 2025 socio-economic development plan, progress on the 2026 plan, and the five-year development plan for 2026-2030, along with the medium-term public investment plan for 2026-2030, the five-year national finance plan for 2026-2030, and the debt management plan for 2026-2030. The Prime Minister said the reports received broad agreement from deputies, and he highlighted the objective of achieving two-digit growth.
He referenced Central Committee Conclusion No. 18, which sets out groups of tasks and solutions to implement the target, and said the National Assembly is discussing a resolution to empower the Government to carry out the plan. The Prime Minister emphasized that despite major challenges, there is a basis to achieve the target if there is high agreement on mindset, awareness, and action, supported by the joint efforts of the political system, the National Assembly, localities, enterprises, and people.
The Prime Minister said institutional reform is the “path and gate” for Vietnam’s economy to advance. He noted that the Central Committee has tasked the Political and Strategic Policy Commission with leading the drafting of a resolution on the country’s development model in the new era, based on science, technology, innovation, and digital transformation.
He stressed that even before the resolution is adopted, institutions must continue to be improved. “The vehicle remains the same, but with a streamlined, higher-quality framework; thus we can attain higher speeds,” he said.
For 2026, he cited several institutional reform tasks, including:
He said the Government will propose amendments and supplements to Resolution 170 on special policies to remove obstacles related to land and funding, including to the National Assembly. He also urged local authorities to take direct action to resolve backlog projects after central authorities address obstacles within their authority.
“Before discussing new growth drivers, we must unlock the substantial resources tied up in projects. If these are released, they will significantly contribute to growth,” the Prime Minister said.
On infrastructure, the Prime Minister said the focus will be on key strategic projects across roads, rail, waterways, aviation, ports, and energy. He also proposed adjusting the Electric VIII plan to proactively manage the energy strategy, increase national storage capacity, and develop new energy and renewable energy plants.
Regarding workforce quality, he said agencies will continue implementing Politburo Resolution 71 on a breakthrough in education and training. He added that the Ministry of Education and Training, together with the Ministry of Science and Technology, is developing programs to train high-quality human resources and to closely connect research institutes, universities, and the business community to meet development needs, apply science and technology, innovate, and drive digital transformation.
The Prime Minister said achieving two-digit growth requires substantial investment resources. He stated that total social investment should reach about 40% of GDP (roughly 38.5 quadrillion dong) in this term.
He said public investment from the state budget in this term is expected to exceed 8 quadrillion dong, compared with about 2.87 quadrillion in the previous term. However, he noted that the 8 quadrillion figure accounts for only about 20% of total social investment, while the remaining 80% must be mobilized from social resources, domestic enterprises, and foreign direct and indirect investment.
He emphasized that attracting this capital requires a transparent and clear legal framework to encourage people, enterprises, and foreign investors.
On macroeconomic stability, the Prime Minister said targets must be grounded in stability. Using a metaphor about building a house, he said: “Building a house requires strengthening the foundation before raising the floors. We will not accept overheating growth; high growth at the cost of macro instability would be costly and damaging.”
The Prime Minister said the Government is coordinating with relevant agencies, including the Ministry of Finance, the State Bank, and the Ministry of Industry and Trade, to respond to market fluctuations and minimize negative impacts on the domestic economy.
He added that 2026 is particularly important, and that during committee discussions and in the National Assembly hall, Government members will continue to listen to opinions and refine operating plans accordingly.
Notes: Nhật Quang (Information from Government)
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