Prime Minister Pham Minh Chinh has instructed ministries, sectors, and localities to take decisive action to achieve this year’s economic growth target of 8.3–8.5%.

In an official dispatch issued on August 12, the Prime Minister called for boosting industrial production in tandem with market restructuring, product diversification, and development of supply and production chains. The goal is to achieve an industrial value-added growth rate of 9.6–9.8% in 2025, including 11.2–11.5% growth rate from the manufacturing and processing sector.

He urged the formulation of policies to encourage enterprises to invest in innovation and master advanced technologies.

The PM called for more efforts to achieve a 12% growth rate in the total export turnover and a trade surplus of $30 billion. He noted the necessity to boost production of agriculture, forestry, and fisheries in connection with export and sustainable consumption, with a goal of $65 billion in the export value of agro-forestry-fishery products.

The Government leader also emphasized supporting individuals and businesses in promoting their products via digital platforms and e-commerce.

Regarding the US’s new tariff policies, PM Chinh urged relevant agencies to fully implement measures in response to new tariffs to be imposed on Vietnam's exports to the United State and prepare to execute the reciprocal trade agreement with the US once approved. He called for policies to enhance the competitiveness of affected industries, support traceability systems, and expand participation in regional and global supply chains.