Prime Minister Pham Minh Chinh urged concerted efforts to fulfill all development goals for 2025 while chairing the Government’s monthly meeting for September, held on October 5.

He highlighted three key priorities: accelerating public investment, promoting science, technology, innovation and digital transformation, and removing bottlenecks to ensure the effective operation of the two-tier local government system.

The PM noted that with steady month-on-month and quarter-on-quarter improvements, and nine-month performance surpassing the same period in 2024, Vietnam is on track to exceed its annual and five-year targets.

Calling for breakthroughs to secure GDP growth above 8% in 2025 and lay the groundwork for double-digit growth in the following years, the PM  stressed the importance of stabilizing the macroeconomy, controlling inflation, ensuring major economic balances, and spurring growth.

He underlined the need for coordinated fiscal and monetary policies, with fiscal measures further stimulating growth, while monetary policy focusing  on controlling inflation and maintaining stable exchange and interest rates.

Other priorities include market stability, developing both traditional and new growth drivers, implementing seven recent Politburo Resolutions, resolving nearly 3,000 stalled projects and weak banks, advancing social housing projects, disaster recovery, and climate adaptation.