Business

It estimates the ASEAN+3 economy to have grown by 4.3% in 2025, and projects growth to moderate to 4% in 2026.

Addressing the ongoing 14th National Party Congress in Hanoi, Minister of Science and Technology Nguyen Manh Hung said Vietnam needs science and technology, innovation, and digital transformation to transform itself from a middle-income to a high-income country.

For synchronous implementation, the focus must be on resolving growth bottlenecks and "chokepoints" while stimulating drivers with high spillover effects across the entire economy.

The Steering Committee is responsible for directing and coordinating between ministries and organizations to handle vital cross-sectoral matters.

Under its Resolution No. 01/2026/NQ-CP, the Government outlines key tasks and solutions to implement the socio-economic development plan for 2026.

Under this plan, Hanoi aims for export growth rates of 7% to 15% across various regional markets.