Topic: economic growth

Under a directive from Prime Minister Pham Minh Chinh, State-owned Enterprises asked to contribute to double-digit economic growth.

The Directive highlights waste prevention as a critical resource for driving growth, complementing traditional economic drivers.

Solutions aim to promote the digital economy, infrastructure development, and attract investment, with the expectation that businesses will collaborate and contribute to sustainable growth.

Tourism, industrial production and trade remaining key growth drivers.

For 2025, export turnover is projected to reach approximately $454 billion, while imports are forecasted at $424 billion.

Under his Directive No. 05/CT-TTg, dated March 1, Prime Minister Pham Minh Chinh outlining key tasks and breakthrough solutions to drive economic growth

Approximately 9.69% of businesses will engage in import and export activities.

As of 2023, Vietnam had 671 SOEs, including 473 with 100% state-owned charter capital.

The Government targeting at least 8% for 2025, with double-digit growth in the following years.

The northern province strives to achieve GRDP size estimated at nearly $15.6 billion.