Vietnam is set to promote growth coupled with macroeconomic stability, control inflation, ensure major balances of the economy, renewing traditional growth drivers of investment, stimulate consumption, and boost trade and export.

Resolute solutions will be adopted to mobilize resources, like social resources, state-owned enterprises and private enterprises. Efforts will be made so that the contribution of the private economic sector to GDP will be 55%.

Deputy Minister of Planning and Investment Nguyen Duc Tam emphasized, “One of the new growth engines is the implementation of the Politburo’s recently issued Resolution 57 on science, technology, and innovation. The Government recently issued Decree 182 on the Investment Support Fund. It clearly states support mechanisms for enterprises to invest in science, technology, and innovation, especially chips, semiconductors, and artificial intelligence.”